Bryn Mawr Trust, a subsidiary of Bryn Mawr Bank Corporation and the parent company to BMT Insurance Advisors, Inc. announced the acquisition of Domenick & Associates, a full-service insurance agency established in 1993 and headquartered in the Old City section of Philadelphia.
Bryn Mawr has wealth management and banking operations in northern Delaware.
“We are pleased to have completed the acquisition of Domenick & Associates which furthers our strategy to expand our fee-based businesses,” said BMT 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.”
To learn more about BMT, visit www.bmtc.com.
Bryn Mawr Bank Corporation, including its principal subsidiary, The Bryn Mawr Trust Co. has $4.3 billion in corporate assets and $13.2 billion in wealth assets under management, administration, supervision, and brokerage. For more information, visit bmtc.com
