On August 8, 2023, Bryn Mawr Capital Management, LLC announced that it acquired six associates who previously worked at Bell Rock Capital.
Bryn Mawr Capital Management, LLC (“Bryn Mawr”) announced that it closed on an asset purchase agreement with Bell Rock Capital, LLC (“Bell Rock”). Bryn Mawr acquired six associates, who previously worked at Bell Rock. Post-closing, Bell Rock will continue to exist as a separate entity. Other transaction details were not disclosed.
Bryn Mawr, based in Philadelphia, is a registered investment advisor that offers financial, tax, and investment planning. Bryn Mawr had $2 billion in assets under management as of March 2023. Piper Sandler served as advisor to Bryn Mawr for this transaction.
Bell Rock, based in Rehoboth Beach, Delaware is a registered investment advisor and will continue operations as a separate entity after this transaction. Bell Rock had $192 million in assets under management as of July 2023. Park Sutton served as Bell Rock’s advisor for this transaction.
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