Rising revenue from wealth management services helped Bryn Mawr Bank Corp. deliver record first-quarter earnings, the Pennsylvania-based bank holding company announced Thursday.
In the first quarter of 2014, the wealth management division of the companys Bryn Mawr Trust subsidiary generated $8.9 million in revenue, up 6.7% from $8.3 million in the same quarter a year earlier. The divisions assets under management, administration, supervision and brokerage totaled $7.4 billion, up from $7 billion, or 5.4%, a year ago.
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