BNY Mellon Wealth Management has secured regulatory approval in Hong Kong to introduce its comprehensive discretionary investment and wealth management services targeted at HNWI investors.
The services will include strategic asset allocation, access to world-class investment management services offered by the corporation’s multi-boutique structure, as well as active personalized client discretionary portfolio management.
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Larry Hughes, the company CEO, stated: "Our expansion provides greater access to comprehensive wealth and investment planning services to the high-net worth market. With the broad and deep capabilities of one of the world’s leading investments companies, BNY Mellon offers holistic, solutions-based wealth management. Our focus on discretionary investment management, rather than transactional services, is integral to our comprehensive approach and differentiates us in the market."
The launch is an expansion of the company’s Asia-Pacific wealth management unit which caters to both Asian and US families.
The money management services of BNY Mellon takes a broader view of serving clients’ overall wealth and investment planning requirements.
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