Recently merged company brings family-wealth executive in from Wells Fargo. The Bank of New York Mellon has named Tracy Nickl as the managing director of its wealth-management business in Southern California. She will oversee offices in Los Angeles, Glendale, Century City and Newport Beach.

Century City-based Nickl reports to BNY Mellon Wealth Management regional president David Emmes.

Rapid growth

"Tracy's leadership, industry experience, and community involvement will be invaluable as we continue the rapid growth we have enjoyed in Southern California," says Emmes.

Nickl joins BNY Mellon from Wells Fargo, where she was a director in the bank's family-wealth group.

Late in 2006 Pittsburgh-based Mellon agreed to merge with the Bank of New York in exchange for about $16.5 billion in Bank of New York stock. The companies completed their merger earlier this month.

When the deal was announced it stood out as the largest asset-management transaction ever both by transaction value and by assets under management, according to data compiled by New York-based investment bank Putnam Lovell NBF.

The merger gives BNY-Mellon more than $1 trillion in assets and under management. The combined company is also the biggest asset-service company with more than $18 trillion in assets under custody and administration.

With approximately $155 billion in private client assets and a network of 83 offices worldwide, BNY Mellon Wealth Management is a top-10 U.S. wealth manager. -FWR

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