BNY Mellon Investment Management, one of the world's largest investment firms and a leading U.S. wealth manager, announced today the launch of BNY Mellon Investor Solutions, an SEC-registered investment adviser that offers comprehensive portfolio management and investment advisory services for investors worldwide seeking outsourced investment management.
With $11 billion currently in global assets under management1, in addition to $110.8 billion in assets under advisement across the firm2, BNY Mellon Investor Solutions builds upon BNY Mellon's nearly 50 years of experience as an Outsourced Chief Investment Officer (OCIO), and as the fourth-largest institutional asset manager3, helping to provide institutions with asset allocation, manager selection and account servicing.
The new group combines an open-architecture approach with the proprietary investment capabilities of BNY Mellon's eight specialist investment firms, alongside the full spectrum of advisory services from BNY Mellon Wealth Management, and the custodial and servicing capabilities from BNY Mellon Asset Servicing. The collective expertise drawn from across BNY Mellon provides investment advisory, discretionary portfolio management, analytical and infrastructure services to support client operating and governance requirements, principally to Endowments & Foundations, Retirement Plans, Family Offices, Private Wealth, and intermediary RIAs, one of the fastest growing channels for OCIO services.
"BNY Mellon is a trusted steward for our global clients, serving as an investment manager, wealth manager, and asset servicer with the unique ability to help investors achieve their goals from every perspective," said Todd Gibbons, Chief Executive Officer of BNY Mellon. "BNY Mellon Investor Solutions brings together the full power of our collective enterprise to meet the ever-evolving needs of investors by providing an integrated investment offering—needs that have only been amplified in the current environment."
Mitchell Harris, Chief Executive Officer of BNY Mellon Investment Management, added, "The launch of BNY Mellon Investor Solutions expands upon our commitment to offer clients the 'best of both worlds'—specialist investment expertise combined with the strength of an investment partner with broad capabilities at scale. Whether that takes the form of whole portfolio solutions, customized mandates, or specialist insights for better-informed investment outcomes, investors will now have a single resource to help navigate an increasingly complex investment landscape."
BNY Mellon Investor Solutions will offer the following services:
OCIO Services
- Asset allocation and portfolio construction advice
- Manager research and selection
- Investment analytics
- Customized investment strategies
- Access to trust and custody services
Customized Portfolio Solutions
- Model portfolios
- Multi-asset strategies
- Multi-manager strategies
- Overlay programs
- Alternatives program
Reporting to Catherine Keating, a member of BNY Mellon's Executive Committee and CEO of BNY Mellon Wealth Management with over two decades of solutions leadership experience in wealth and institutional asset management, BNY Mellon Investor Solutions is comprised of nearly 70 investment professionals led by Jamie Lewin, former Head of Product Strategy and Performance Management for BNY Mellon Investment Management.
"BNY Mellon has served as an outsourced solutions provider for five decades," said Ms. Keating. "We are excited to announce an even deeper set of capabilities to meet the growing needs of institutions, individuals, and their advisors for solutions in this new decade. The ability to tap into BNY Mellon's leading investment and advisory services to design customized portfolios tailored to client objectives, preferences, and market realities, represents a compelling proposition for investors seeking a comprehensive investment solution."
For more information on BNY Mellon Investor Solutions visit: http://im.bnymellon.com/investorsolutions.
About BNY Mellon Investment Management
BNY Mellon Investment Management is one of the world's largest investment firms and one of the top U.S. wealth managers, with US $1.8 trillion in assets under management as of March 31, 2020. Through an investor-first approach, the firm brings to clients the best of both worlds: specialist expertise from eight world-class investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon, one of the world's most trusted investment partners. Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com.
