Finance News

WSFS Completes Merger and Brand Conversion of Cypress Capital Management and West Capital Management into Bryn Mawr Capital Management

WSFS Completes Merger and Brand Conversion of Cypress Capital Management and West Capital Management into Bryn Mawr Capital Management

WSFS Financial Corporation has completed the merger and brand conversion of Cypress Capital Management and West Capital Management and has renamed the combined entity Bryn Mawr Capital Management, LLC, effective January 1, 2023. Bryn Mawr Capital Management is registered as an investment advisor with the U.S. Securities and Exchange Commission and is a wholly owned subsidiary of WSFS.

“Our goal is to lead with collaborative advice and planning to meet our Clients’ needs.”

“As a combined organization, we will have significant financial planning, investment advisory, fiduciary, and risk management capabilities to develop customized long-term planning solutions to help our Clients live a life fulfilled,” said Robert J. Schneider, President, Bryn Mawr Capital Management. “Our goal is to lead with collaborative advice and planning to meet our Clients’ needs.”

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In March 2022, WSFS announced that Bryn Mawr Trust would be the prominent brand within the Wealth Management and Trust division. It brings together the equity in the Bryn Mawr Trust name and a distinct connection to WSFS.

Cypress Capital Management and West Capital Management Clients will continue to be served by the same advisory team as part of Bryn Mawr Capital Management.

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About WSFS Financial Corporation

WSFS Financial Corporation (WSFS) is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in Delaware and the Greater Philadelphia region. As of September 30, 2022, WSFS Financial Corporation had $20.0 billion in assets on its balance sheet and $61.4 billion in assets under management and administration.

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