WSFS buys West Capital Management
WILMINGTON—WSFS Financial Corporation has acquired the assets of West Capital Management, an independent, fee-only wealth management firm which operates under a multi-family office philosophy.
West Capital, founded in 1994 by Matthew West, is headquartered in Philadelphia.It provides customized solutions tailored for institutions and high-net-worth individuals. The company includes a 17-person staff.
“This partnership significantly bolsters our wealth management capabilities and is consistent with our objective of becoming a premier provider of products and services that enable our customers to meet their financial goals,” said Rodger Levenson, executive vice president and chief corporate development officer.
Matthew West, founder and CEO of West Capital Management said, “Partnering with WSFS is an exciting opportunity for us. Their dedication to customer service mirrors our commitment to our client relationships.”
West will continue to serve as president of West Capital Management and all staffers will become WSFS associates. The company will continue to operate as West Capital Management and will be a subsidiary of WSFS Financial Corporation.