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MEDIA CONTACT: Elizabeth B. Eckel, Senior Vice President, Marketing
TELEPHONE: 401-348-1309
EMAIL: ebeckel@washtrust.com
DATE: March 1, 2012
FOR IMMEDIATE RELEASE

Weston Financial Promotes Hochadel and LeFavor

Westerly, Rhode Island... Weston Financial, a division of Washington Trust Wealth Management, announces the following promotions:

Betsy G. Hochadel of Newton, Mass., was promoted to Assistant Vice President, Associate Compliance Officer at Weston Financial. Hochadel is responsible for compliance and regulatory matters pertaining to broker/dealer, registered investment adviser, mutual fund and insurance agency operations. She joined Weston in 2008 from Brown Brothers Harriman & Co, where she served as Lead Operations Specialist at the investment bank and securities firm. She graduated from Bates College with a Bachelor of Arts in Economics and is currently pursuing her Juris Doctor at Suffolk University Law School.

William F. LeFavor of Mansfield, Mass., was promoted to Assistant Portfolio Manager of four of the New Century Portfolios mutual funds at Weston Financial. In addition, LeFavor is an Associate Counselor for Weston Financial and is responsible for counseling high net worth individuals and corporate executives to construct and implement comprehensive financial plans, which include the use of customized investment, tax, and estate planning strategies. He also provides support to Senior Financial Counselors in creating complex planning solutions for clients and is a voting member of Weston Financial's Investment Committee. LeFavor has been with Weston Financial since 2005 and is a CFP practitioner. He graduated Cum Laude with a Bachelor of Science degree in Economics and Finance from Bentley University and received a Master of Science in Financial Planning from Bentley University. LeFavor serves as a member of the Bentley Service Learning Alumni Board.

Weston Financial was founded in 1979 to serve affluent families, high net worth corporate executives, and professionals in managing their financial affairs. Weston’s team of wealth managers hold advanced degrees and designations, ranging from JD, MBA, CPA, Masters in Taxation, Chartered Financial Analyst, and Certified Financial Planner. Weston’s Wealth Management services include investment management, retirement planning, estate planning, and tax and risk management. The Washington Trust Company, a subsidiary of Washington Trust Bancorp, Inc., is a $3.0 billion corporation headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island.

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