People Moves

BNY Mellon Makes Family Office Promotions

Eliane Chavagnon Editor - Family Wealth Report October 20, 2015

BNY Mellon Makes Family Office Promotions

BNY Mellon Wealth Management has made two family office promotions in Boston.

BNY Mellon has promoted Eileen Foley to head of its family office group, reporting to executive director Erich Smith.

Boston, MA-based Foley previously oversaw the family office group’s national sales team, and will be replaced in this role by Philip Tedeschi, who has been promoted.

Before joining BNY Mellon in 2007, Foley was a partner at Lee Munder Capital Group in Boston. She has 29 years of financial services experience. 

Tedeschi was previously a senior wealth director at BNY Mellon Wealth Management, and before that a director at Investors Bank & Trust and a principal at CCC Alliance, a family office.

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