Bryn Mawr, Pa., May 1, 2018 – Bryn Mawr Trust (Bryn Mawr Trust), a subsidiary of Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), and the parent company to Bryn Mawr Trust Insurance Advisors, Inc. announced today the acquisition of Domenick & Associates, a full-service insurance agency established in 1993 and headquartered in the Old City section of Philadelphia.
“We are pleased to have completed the acquisition of Domenick & Associates which furthers our strategy to expand our fee-based businesses,” said Bryn Mawr Trust CEO Frank Leto. “It is rewarding to have found a group that complements our existing areas of expertise. Jim Domenick and his team have a specialty niche with nonprofit and social service organizations which aligns well with our Banking and Wealth Management solutions in these specialty service areas. The Domenick & Associates Old City location, along with our Chestnut Hill specialty office and our five additional branch locations in Philadelphia, further expands our presence in the City of Philadelphia. We are excited to have them on our team and look forward to a rewarding future.”
Jim Domenick, President of Domenick & Associates, said that “Joining Bryn Mawr Trust and Bryn Mawr Trust Insurance Advisors is a great opportunity for our organization and, most importantly, our clients. We are focused on client solutions. As part of Bryn Mawr Trust, we will be able to provide more value and deliver meaningful solutions.”