People Moves

Another Spate Of Wealth Management Hires At BNY Mellon

Eliane Chavagnon Deputy Editor - Family Wealth Report November 21, 2013

Another Spate Of Wealth Management Hires At BNY Mellon

BNY Mellon Wealth Management has made three more senior business development hires, as part of the firm’s ongoing plan to grow its sales force in top US wealth markets by year-end 2014.

BNY Mellon Wealth Management has hired three senior business
development directors across the US, as the firm powers through with its previously-announced plan to expand its sales force by 50 per cent.

Peter Curtis will be based in New
York, reporting to managing
director Katia Friend. Curtis is a long-time BNY Mellon employee,
having served most of his time within the firm's investment services
group. Most recently, he was a senior relationship manager working with custody services clients.

Meanwhile, Timothy Schieffelin has joined in Greenwich, CT, and also
reports to Friend. Schieffelin was formerly a senior
advisor to JSBO Realty & Capital and Source Capital Group, having previously been a senior vice
president and private client advisor at Bank of America in
Greenwich. He spent the first 27 years of his career with Citigroup in New
York, latterly as director and co-founder of the firm’s high net worth
lead generation team.

Lastly, Karl Gates - formerly a business
development manager at KLS Professional Advisors Group - has been recruited in Los Angeles and reports to
LA president Lawrence Miles.

In previous
positions, Gates was national sales director at UBS and, prior to that, a district
manager for sales and marketing at Waddell & Reed. He began his career at
Morgan Stanley, where he was promoted to executive director and regional vice
president, responsible for leading the firm’s sales and marketing efforts in
Southern California.  

On Tuesday, BNY Mellon Wealth Management appointed portfolio
Manager Gary Recker to join its wealth management business in Southern
California. And in another big move earlier this month, the firm promoted Dan Fasciano and
hired Michael Oliver as ultra high net worth family wealth advisors in Boston, MA,
and in the Tri-State region respectively.

Click here
to view an interview with Lawrence Hughes, chief executive of BNY
Mellon Wealth Management, about the growth strategy and why the firm
needs more people in more places.

 

  

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes