Benefits of a Delaware Trust: A Valuable Vehicle for Business Owners and Their Families

Linda Manfredonia

Wilmington Regional Director, Glenmede

Linda R. Manfredonia is Regional Director of Glenmede’s Wilmington office and President and CEO of The Glenmede Trust Company of Delaware. She is responsible for leading the business, client satisfaction and advancing the growth strategy for the region and for The Glenmede Trust Company of Delaware. In addition, she is a member of Glenmede’s Private Wealth leadership team and the Private Wealth Operating Committee.

Prior to joining Glenmede, Ms. Manfredonia devoted 30 years of service to PNC, where she developed her fiduciary expertise, executive leadership skills and passion for serving clients. During her tenure, she held key leadership positions, including Chief Fiduciary Officer, Chief Risk Officer and Chief Administrative Officer for the bank’s Asset Management Group; Regional Managing Director for the Greater Philadelphia area; and Chief Administrative Officer for Hawthorn, PNC Family Wealth. Prior to that, she led fiduciary, administrative and operating functions for the group.

Ms. Manfredonia earned a Juris Doctor degree and a Master of Laws degree in Taxation from Temple University. She received a Bachelor of Arts degree in political science from La Salle University.

Ms. Manfredonia serves as a Board Member of Women’s Way, LaSalle University President’s Advisory Council and Philadelphia Consortium of Special Collections Library (PACSL). She is a past Board Member for the Center of Literacy, the Mural Arts Program, the Abington Hospital Foundation and the Abington/Jefferson Hospital. Also, she is a member of several industry groups and has presented or lectured at various industry organizations, including the American Bankers Association, the Pennsylvania Bankers Association, Fiduciary and Investment Risk Management Association (FIRMA) and the Forum of Executive Women.

John McCabe

Chief Fiduciary Counsel, Glenmede

John McCabe is Glenmede’s Chief Fiduciary Counsel. In this role, Mr. McCabe serves as Glenmede’s senior internal legal advisor on all trust, estate, and fiduciary matters.

Mr. McCabe joined Glenmede in 2014 as a Relationship Manager and Wealth Advisor. Prior to joining Glenmede, he served as managing director and senior trust officer for First Republic Trust Company of Delaware. Prior to that, he managed fiduciary relationships and worked with clients and their advisors in his role as vice president and senior trust officer at Goldman Sachs. He began his career as an attorney in private practice in Philadelphia, Pennsylvania.

Mr. McCabe is a member of the state bar of Pennsylvania and the Philadelphia Estate Planning Council. He has written a number of articles on the topic of trust & estate planning and administration for various publications, including Trusts & Estates and Delaware Banker.

He received his J.D. and LL.M. in taxation from Villanova University School of Law and his B.A. from the University of Delaware. He is a member of the board of directors of Support Center for Child Advocates, a pro bono legal services agency based in Philadelphia.

David Shaw

Publishing Director, Family Business Magazine

David Shaw is the publishing director for MLR Media. He also co-founded and serves as conference director of the Transitions conferences, the Private Company Governance Summit and Family Business Legacy. David writes frequently on governance issues for public and private companies, and develops and maintains close relationships with multi-generational family-owned businesses. He is married, with two grown children.