Pennsylvania Trust Celebrates 30th Anniversary

RADNOR, Pa., Sept. 30, 2016 -- Pennsylvania Trust, a leading independent employee-owned wealth management firm in the Philadelphia region with more than $3 billion in assets under management and administration, is marking its 30^th anniversary this year. Amidst great change in the industry over the past three decades, Pennsylvania Trust has maintained unparalleled depth and expertise, with a relentless commitment to the needs of its clients.

(l to r) Pennsylvania Trust President George McFarland, Jr., Esq., Chief Fiduciary Officer Leslie Gillin Bohner, Esq., Chairman and CEO Rich Merriman and Director of Portfolio Management Julie Karnavas. Pennsylvania Trust is a leading independent employee-owned wealth management firm in the Philadelphia region with more than $3 billion in assets under management and administration. (l to r) Pennsylvania Trust President George McFarland, Jr., Esq. presents Chairman and CEO Rich Merriman with a special gift commemorating the firm’s 30th anniversary during a company celebration.

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The firm offers a wide array of wealth management services to individuals, families and organizations, including investment management, trust and estate administration, financial planning and tax planning. Its mission and purpose are focused on providing compassionate and caring service to clients. While growing profits and the lure of automation have changed the industry landscape over the past three decades, Pennsylvania Trust remains grounded in its founding principle to safeguard clients’ financial wellbeing.

“When we first opened our doors for business back in 1986, we made a conscious commitment to treat our clients like family,” said Chairman and CEO Richardson T. Merriman. “Our decades of experience have taught us that high-touch service produces the best results. Every client is unique, not one size fits all. Our clients work with our firm because we make it a top priority to understand their challenges and develop strategies that bring financial clarity to their lives.”

In addition to providing attentive client care, Pennsylvania Trust and its leaders have invested time and resources to charitable giving and civic participation. The firm’s executives are closely involved with a wide variety of causes, serving on the boards of numerous organizations, such as the ALS Association, Eastern University and the Curtis Institute.

Executive commitment to charitable giving is just one of the many facets that set Pennsylvania Trust apart from other firms.

“We focus on the people behind the assets, and that goes for our employees as well,” said Barbara S. Wood, CPA, senior vice president and chief financial officer who has been with the firm for over two decades. “The longevity and collaboration of our team is but one example of our firm’s deep commitment to the seasoned professionals who work here.”

Moreover, in a field traditionally dominated by men, Pennsylvania Trust’s management team is comprised equally of men and women. The majority of the firm’s department heads are women, representing a high level of gender parity within the industry.

Over 30 years, the firm has weathered both highs and lows in the financial markets, but it has always been guided by a central philosophy that embraces a welcoming, familial culture. That is the ethos on which the company was founded, and in an industry of frequent mergers and acquisitions, it’s the same ethos that the firm resolutely adheres to today.

“We treat our clients’ wealth as if it were our own—accompanying them through major life events and providing services across generations,” George C. McFarland, Jr., Esq., president and chief investment officer, said. “We go above and beyond for our clients to meet their needs and preserve the legacy they’ve worked so hard to build.”

About Pennsylvania Trust
Pennsylvania Trust is a leading independent employee-owned wealth management firm in the Philadelphia region, with more than $3 billion in assets under management and administration. For 30 years, the firm has focused on compassionate and caring client service. Pennsylvania Trust provides investment, financial planning, tax, trust, estate and philanthropic solutions to help individuals, families, nonprofits and other organizations preserve and grow their wealth.

Contact: Michelle Vroom, 610.228.0607 [email protected]