BNY Mellon plans to expanding the sales force at its wealth management unit by 50 percent with up to 100 new appointments in the next two years.
BNY Mellon plans to add private and mortgage bankers, portfolio managers and wealth strategists at the unit.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Curtis Arledge, chief executive of BNY Mellon Investment Management, said, "As part of a long-term growth strategy, we are dedicating substantial resources toward strengthening wealth management’s global distribution capabilities and team."
As increased regulations hit investment banking, lenders such as Morgan Stanley and Goldman Sachs Group have been expanding their wealth management unit.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
