BNY Mellon Investment Management 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 management, in addition to $110.8 billion in assets under advisement across the firm, BNY Mellon Investor Solutions builds upon BNY Mellon’s nearly 50 years of experience as an Outsourced Chief Investment Officer (OCIO), 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.”