Preparing Boys for Life

The Inquirer: Pennsylvania Trust Co. Chairman Richardson T. Merriman '67 and Chief Executive George C. McFarland Jr. '77

By Joseph N. DiStefano, The Inquirer

Fiduciary Trust Co., a New York-based company that invests $29 billion for rich people and institutions, has agreed to buy $4 billion-asset Pennsylvania Trust Co. of Radnor, as it seeks more clients among rich baby boomers and their heirs. Read the story, "Pennsylvania Trust Co. sold as firms seek baby-boomer wealth" > The Penn Trust board includes three Haverford School alumni and two past parents.