Transactions
Focused on the crossroads of insurance,
healthcare services, investment services,
and the technologies that serve those sectors.
Transaction Contact:
Managing Director
Park Sutton represents Women-led Bell Rock Capital on sale to Bryn Mawr Capital Management
Park Sutton Advisors, a Waller Helms Company (“Park Sutton Advisors”) is pleased to have represented Bell Rock Capital (“Bell Rock”) on its sale to Bryn Mawr Capital Management (“Bryn Mawr Capital”), a registered investment adviser subsidiary of WSFS Financial Corporation (“WSFS”).
“This acquisition bolsters our wealth management capabilities and expands our reach to better serve diverse clients across multiple regions,” said Arthur Bacci, Executive Vice President, Chief Wealth Officer. “This transaction is consistent with WSFS’ communicated strategy to grow its wealth business and will be immediately accretive to EPS and ROA.”
Park Sutton Advisors Managing Director, Dan Erichson, CFA, who led the transaction, said, “Bell Rock has built a strong presence in Rehoboth Beach, Delaware & South Florida, both in the HNW and Retirement Plan spaces. Park Sutton has developed a niche in working with women-led firms over the years, and the deep talent at Bell Rock will certainly be additive to the Bryn Mawr/WSFS team. This marks our 15th transaction of 2023 and we wish both sides a bright future together.”