Bny Mellon Securities Corporation
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Overview
Bny Mellon Securities Corporation is located at 240 Greenwich Street, New York, NY. The firm employs 94 financial advisors to manage client portfolios and provide financial guidance. Bny Mellon Securities Corporation is a registered broker-dealer.
Bny Mellon Securities Corporation oversees $6.1 billion in assets under management across 3,853 accounts, of which 1,585 are discretionary and 2,268 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for institutional clients, and other services. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations, corporations, and other types of investors, with retail investors being the largest client type by accounts. The fee structure at Bny Mellon Securities Corporation is asset-based. The firm has 162 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, banking or thrift institution, trust company, insurance company or agency, and commodity pool advisor.
Bny Mellon Securities Corporation is registered in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Bny Mellon Securities Corporation by the Numbers
$6.1 billion
303
3,853
$1.6 million
Fee Structure
Fees for financial advice usually vary depending on the services offered. Fees billed by Bny Mellon Securities Corporation typically consist of the following fee structure: asset-based.The company does participate in a wrap fee program, in which the company offers a bundle of services for a single fee.
Available
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Offered by 69% of firms
Percentage of Assets
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company manages money for a broad range of customers. The company provides services to retail investors, high net worth investors, pension plans, charitable organizations, corporations, and other. Out of its 6 clients, Bny Mellon Securities Corporation's largest client type by number of accounts is other, although it also serves 162 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).
- High-Net-Worth Individuals* - 4.2%
- Other Individuals - 80.09%
- Corporations - 14.92%
- Charitable Organizations - 0.78%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Bny Mellon Securities Corporation does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Bny Mellon Securities Corporation
New York, NY
New York, NY
Pune,
Franklin, MA
New York, NY
New York, NY
Dallas, TX
New York, NY
New York, NY
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