John Ventura Joins WSFS Wealth® as Senior Vice President, Senior Private Banking Relationship Manager

Rhea-AI Summary

WSFS Bank has appointed John Ventura as Senior Vice President and Senior Private Banking Relationship Manager in its Wealth Private Banking division. Ventura brings over 15 years of experience from PNC Wealth Management, focusing on enhancing client relationships and providing financial strategies. His expertise includes private banking, financial planning, and asset management. As of June 30, 2021, WSFS Financial Corporation reported $15.1 billion in assets and $26.7 billion in assets under management. This appointment aims to bolster the bank's comprehensive financial service offerings.

Positive

• John Ventura's appointment enhances WSFS's private banking expertise.
• Ventura has over 15 years of experience in private banking.
• Strengthens client relationship management in Wealth Private Banking.
• Increase in comprehensive financial service offerings.

Negative

• None.

WILMINGTON, Del., Aug. 31, 2021 (GLOBE NEWSWIRE) -- John Ventura has joined WSFS Wealth Private Banking, a division of WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), as Senior Vice President, Senior Private Banking Relationship Manager. Reporting to Steven G. Kochie, Senior Vice President, Director of Wealth Private Banking, Ventura’s primary focus will be developing and supporting client relationships, providing financial strategies and solutions, assisting clients with loans, lines of credit and other banking products and services.

“We are thrilled to have someone with John’s robust private banking and wealth management experience join the team,” said Kochie. “John brings with him the knowledge and skillset needed to serve as a trusted partner to our clients and provide them with solid financial solutions and strategies to address their unique financial goals.”

Ventura has more than 15 years of experience in private banking, including assisting clients with financial planning, portfolio management, asset allocation, trust administration and estate settlement, hedge funds, private equity and real estate, risk mitigation, and complex tax and legal issues. He joins WSFS from PNC Wealth Management, where he most recently served as Vice President, Senior Relationship Strategist.

“I’m excited to join such a talented and collaborative team at WSFS,” said Ventura. “I look forward to working with the team to drive results and assist clients with their ever-changing needs.”

Ventura is a resident of Philadelphia and received his B.S. in finance from Pennsylvania State University. He holds his Series 6, Series 63, Series 65 and Series 7 licenses.

WSFS Wealth provides holistic financial planning solutions including investment, tax, legal, business and estate planning.

About WSFS Financial Corporation
WSFS Financial Corporation is a multi-billion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the Greater Philadelphia region. As of June 30, 2021, WSFS Financial Corporation had $15.1 billion in assets on its balance sheet and $26.7 billion in assets under management and administration. WSFS operates from 112 offices, 89 of which are banking offices, located in Pennsylvania (52), Delaware (42), New Jersey (16), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Cash Connect^®, Cypress Capital Management, LLC, Christiana Trust Company of Delaware^®, NewLane Finance^®, Powdermill^® Financial Solutions, West Capital Management^®, WSFS Institutional Services^®, WSFS Mortgage^®, and WSFS Wealth^® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

Media Contact: Kyle Babcock

(215) 864-1795

kbabcock@wsfsbank.com

FAQ

Who is John Ventura and what role will he play at WSFS?

John Ventura is the new Senior Vice President and Senior Private Banking Relationship Manager at WSFS, focusing on developing client relationships and providing financial strategies.

What experience does John Ventura bring to WSFS?

John Ventura brings over 15 years of experience in private banking, previously serving as Vice President at PNC Wealth Management.

What are the assets of WSFS Financial Corporation as of June 30, 2021?

As of June 30, 2021, WSFS Financial Corporation had $15.1 billion in assets and $26.7 billion in assets under management.

How does Ventura's appointment impact WSFS's Wealth Private Banking division?

Ventura's appointment is expected to enhance client relationship management and expand financial service offerings.