BRYN MAWR, Pa., Oct. 03, 2018 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (”BMT”), announced today that Mark Bradford has joined the Company as Senior Vice President and Director in their Wealth Management division. Mr. Bradford reports directly to Jennifer Dempsey Fox, CFP®, President of BMT Wealth Management, and maintains an office in Bryn Mawr, Pa.
Mr. Bradford will lead an advice-driven, cross-functional group of Wealth professionals – wealth advisors, portfolio managers, and relationship managers – aligned to support existing clients and cultivate new business opportunities. He will be responsible for the overall performance of his team as well as their training and development.
“Mark is a highly experienced and effective wealth professional and manager,” said Fox. “His knowledge of the Greater Philadelphia region, the wealth industry and related solutions make him uniquely qualified for the role. We have been restructuring BMT Wealth Management to continue to provide the highest level of client support and better position us for growth. I am confident that Mark will be instrumental in helping us achieve our goals.”
Mr. Bradford joins BMT Wealth Management after eight years at PNC in Philadelphia, where he most recently served as the Wealth Strategy Regional Director for PNC Wealth Management. In his 23-year career in financial services, Mr. Bradford has worked in financial planning, private wealth management, and investments.
He earned a bachelor’s degree in communication and business from University of Delaware and resides in Philadelphia. His industry credentials include: Certified Financial PlannerTM (CFP®); Chartered Financial Consultant® (ChFC®); Chartered Retirement Planning CounselorSM (CRPC®); Accredited Estate Planner® (AEP®); Accredited Wealth Management AdvisorSM (AWMA®); Laureate in Wealth Strategies (LWS); and Chartered Mutual Fund Counselor SM (CMFC®).
Bryn Mawr Bank Corporation (NASDAQ: BMTC), including its principal subsidiary, The Bryn Mawr Trust Company (BMT), was founded in 1889, and is headquartered in Bryn Mawr, Pa. BMT is a locally managed, premier financial services company providing retail and commercial banking; trust administration and wealth management; and insurance and risk management solutions. Bryn Mawr Bank Corporation has $4.4 billion in corporate assets and $13.4 billion in wealth assets under management, administration, supervision, and brokerage (as of 6/30/18). Today, the company operates 43 banking locations, six (6) wealth management offices and three (3) insurance and risk management locations in the following counties: Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties in Pennsylvania; New Castle County in Delaware; and Mercer and Camden Counties in New Jersey. For more information, visit bmtc.com
FORWARD-LOOKING STATEMENTS AND SAFE HARBOR
This press release contains statements which, to the extent that they are not recitations of historical fact may constitute forward-looking statements for purposes of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Such forward-looking statements may include financial and other projections as well as statements regarding the Corporation’s future plans, objectives, performance, revenues, growth, profits, operating expenses or the Corporation’s underlying assumptions. The words “may,” “would,” “should,” “could,” “will,” “likely,” “possibly,” “expect,” “anticipate,” “intend,” “estimate,” “target,” “potentially,” “probably,” “outlook,” “predict,” “contemplate,” “continue,” “plan,” “forecast,” “project,” “are optimistic,” “are looking,” “are looking forward” and “believe” or other similar words and phrases may identify forward-looking statements. Persons reading this press release are cautioned that such statements are only predictions, and that the Corporation’s actual future results or performance may be materially different.
Such forward-looking statements involve known and unknown risks and uncertainties. A number of factors, many of which are beyond the Corporation’s control, could cause our actual results, events or developments, or industry results, to be materially different from any future results, events or developments expressed, implied or anticipated by such forward-looking statements, and so our business and financial condition and results of operations could be materially and adversely affected. Such factors include, among others, our need for capital, our ability to control operating costs and expenses, and to manage loan and lease delinquency rates; the credit risks of lending activities and overall quality of the composition of our loan, lease and securities portfolio; the impact of economic conditions, consumer and business spending habits, and real estate market conditions on our business and in our market area; changes in the levels of general interest rates, deposit interest rates, or net interest margin and funding sources; changes in banking regulations and policies and the possibility that any banking agency approvals we might require for certain activities will not be obtained in a timely manner or at all or will be conditioned in a manner that would impair our ability to implement our business plans; changes in accounting policies and practices; the inability of key third-party providers to perform their obligations to us; our ability to attract and retain key personnel; competition in our marketplace; war or terrorist activities; our ability to complete anticipated acquisitions and any material differences in the actual financial results, cost savings and revenue enhancements associated with our acquisitions; and other factors as described in our securities filings. All forward-looking statements and information set forth herein are based on Management’s current beliefs and assumptions as of the date hereof and speak only as of the date they are made. The Corporation does not undertake to update forward-looking statements.
For a complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, as well as any changes in risk factors that we may identify in our quarterly or other reports subsequently filed with the SEC.
FOR MORE INFORMATION:
Jennifer Dempsey Fox
President
BMT Wealth Management
610-263-4600
Tina S. McDonald
SVP, Marketing
610.581.4875
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/68f76b96-a6cd-461e-80ce-7c0a73769ea3