People Moves

BNY Mellon Continues Adding To Wealth Management Ranks

Tom Burroughes Group Editor 8 October 2013

BNY Mellon Continues Adding To Wealth Management Ranks

BNY Mellon has appointed Helen Nugent to a newly-created role as a managing director of sales to lead business development efforts in BNY Mellon Wealth Management’s Southeast region, as the firm continues to build out this part of its business.

Nugent oversees a team of five sales directors across a six-state region.

“Her appointment is part of BNY Mellon’s previously-announced plan to increase its sales force by 50 per cent over the next 18 months,” the firm said in a statement.

Based in Atlanta, GA, Nugent reports to regional president Chris Hohlstein.

Nugent joins BNY Mellon from Northern Trust, where she held a number of leadership roles over a period of 18 years. Most recently, as senior vice president she drove a pilot program serving not-for-profits, endowments and foundations in an initiative that became a model for the company’s other US regions.

BNY Mellon Wealth Management oversees more than $175 billion in private client assets, as at June 30, 2013.

 

Register for WealthBriefing 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