Jason Mudd has been named a senior director of business development in Westport and the Southern Connecticut market, while Scott Cox joins as a managing director for business development in Pittsburgh.

Mudd was formerly a private banker and sales executive at JP Morgan Private Bank in Greenwich, CT, before which he worked as a wealth management advisor and partner for Pagnato Karp Group, the private banking team at Merrill Lynch/Bank of America in Washington, DC.

In his new role, Cox leads a team of six directors in Pittsburgh and coordinates all business development activity in Western Pennsylvania.

Cox joins BNY Mellon from Merrill Lynch, where he spent almost 20 years - most recently as director of the firm’s practice management consulting group in Akron, OH. During his stint there, Cox coached financial advisors in business development and practice management skills. He was also a director in Southern New Jersey and, most recently Akron, where he led a group of offices with $70 million in revenue and 113 financial advisors.  

Mudd reports to Jim Fagan, managing director for business development in Westport. Cox reports to regional president Andy Paterson and Garrett Alton, managing director and regional sales manager.

The hires are part of BNY Mellon’s two-year wealth management recruiting campaign, which will see the New York-listed firm boost its sales force by 50 per cent and add other key wealth management positions in what it views as the top US wealth markets.View an interview with CEO Larry Hughes here.