Bny Mellon Investment Adviser, Inc. is a large advisory firm based in New York. It manages $260.31 billion of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2019.
Bny Mellon Investment Adviser provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bny Mellon Investment Adviser, Inc. is $260.31 billion, all of which is managed in discretionary accounts. $17.07 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Bny Mellon Investment Adviser, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Gregory Allan Brisk is investment companies with 147 clients and $243.24 billion of assets under management. Among the 11 most similar advisory firms, Bny Mellon Investment Adviser has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $260.31 billion for 150 clients. 2% of the firm’s clients are foreign persons or businesses.
Bny Mellon Investment Adviser doesn't advise any private funds.
The company employs 222 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Gregory Allan Brisk has been acting as President since 1 Dec 2017. Kenneth James Bradle joined the executive team most recently as the Vice President.
The principal office where Bny Mellon Investment Adviser, Inc. performs its advisory services is located at 200 Park Avenue, New York, NY 10166, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (212) 922-6400. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bnymellonim.com.