Bryn Mawr Trust announces key leadership appointments in wealth division

WILMINGTON, Del. - Bryn Mawr Trust, a subsidiary of WSFS Financial Corporation (NASDAQ:WSFS), announced Monday several leadership appointments within its wealth management division as part of its strategy to expand its wealth business. The $3.12 billion market cap company, which has maintained dividend payments for 28 consecutive years, currently trades at $55.70 per share with a P/E ratio of 12.37.

Michael Mendelson has joined the company as Senior Vice President, Chief Operating Officer of the wealth management division. Mendelson previously spent over 20 years at J.P. Morgan Chase in senior leadership positions across wealth and operations.

The company also promoted Harrison Gelber to Senior Vice President, Director of Private Banking and Trust Advisory Services. In this role, Gelber will oversee the expansion of the firm’s trust advisory business while continuing to lead private banking teams.

Mark Bradford has been named Senior Vice President, Director of Wealth Planning. Bradford, who has been with Bryn Mawr Trust for seven years and has over 30 years of industry experience, will oversee the Wealth Planning Group.

Additionally, Jackie Blue has been promoted to Senior Vice President, Chief Operating Officer of Bryn Mawr Trust Advisors, where she will lead portfolio solutions, client support, and retirement plan services teams. Blue has over 30 years of experience in banking and wealth management.

Jamie Hopkins, Chief Wealth Officer at WSFS and Bryn Mawr Trust, stated these appointments align with the company’s goal to become "the top wealth management firm headquartered in the Greater Philadelphia and Delaware region by the end of 2027."

As of June 30, 2025, WSFS Financial Corporation reported $20.8 billion in assets on its balance sheet and $92.4 billion in assets under management and administration, according to the company’s press release.

In other recent news, WSFS Financial Corporation reported its second-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $1.27, compared to the forecasted $1.13. Revenue also slightly exceeded projections, reaching $267.5 million versus the anticipated $266.46 million. Despite these positive financial results, the company’s stock saw a minor decline in after-hours trading. Additionally, WSFS Financial announced the appointment of Kevin Stach as Senior Vice President, Middle Market Senior Relationship Manager. In his new role, Stach will focus on serving family- and sponsor-owned companies with revenues between $50-250 million in the Greater Philadelphia area. These developments highlight WSFS Financial’s ongoing efforts to strengthen its market position and financial performance.

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