Bryn Mawr, Pa., August 16, 2019 – Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC), announced today that Ernest E. Cecilia, Senior Vice President and Chief Investment Officer for BMT Wealth Management, will retire on December 31, 2019. Mr. Cecilia will consult with BMT through the end of 2020, ensuring continuity of the transition.
“Ernie is a tremendous colleague and human being. His career has been nothing short of exceptional,” said BMT Wealth Management President Jennifer Dempsey Fox. “His leadership, kindness, and sage advice are valued by his clients and, frankly, everyone who has had the privilege of interacting with him, myself included. Speaking for all of BMT, I wish him and his family continued happiness as he begins his next chapter.”
In a letter to his clients, Ernie said, “It has been an honor and a privilege to serve you and my other clients. Thank you for choosing BMT and for entrusting me with your most personal and important financial matters.” He continued, “The support and attention to clients, and their ongoing confidence in BMT Wealth Management, is my top priority as I transition to retirement.”
Ernie joined BMT by acquisition in 2012, after serving in various capacities at Davidson Trust Company for 14 years. He was Davidson’s Chief Investment Officer at the time of its acquisition. Before Davidson Trust, he was President and Chief Investment Officer of PNC Equity Advisors Company.
Ernie is a Chartered Financial Analyst®, a member of the CFA Society of Philadelphia, and the CFA Institute. He has attended CFA investment management workshops at the University of Virginia, Princeton University, and Harvard Business School. He earned a bachelor’s degree in economics from the University of Dayton and an MBA from Fordham University Graduate School of Business.
Ernie has been active in his community throughout his career and plans to continue doing so in retirement. He is treasurer of the board of directors of Good Works, Inc., a nonprofit organization that provides home repairs for low-income homeowners in Chester County, Pennsylvania.
Details regarding BMT’s next CIO will be forthcoming.