Washington Trust finalizes transaction with Lighthouse Financial

Washington Trust (WASH) Advisors finalized a transaction with Westerly-based Lighthouse Financial Management, an advisory firm with assets under management valued at approximately $190M, resulting in the Lighthouse Financial team joining Washington Trust Wealth Management. The deal closed on July 31 and supports Washington Trust’s focus on growing its wealth management division. Washington Trust Advisors, Inc. is a Registered Investment Advisor and wholly-owned subsidiary of The Washington Trust Company and operates under the name “Washington Trust Wealth Management.” Lighthouse Financial is a registered wealth advisory firm that provides investment, tax and retirement planning services. Stephen Poplaski, established the financial management firm in 2003, after operating his own public accounting and tax service firm for more than 20 years.