Bny Mellon Investment Adviser, Inc. (New York)

Name: Bny Mellon Investment Adviser, Inc.
Address: 200 Park Avenue, New York, NY, 10166
Telephone: (212) 922-6400

Bny Mellon Investment Adviser, Inc. is a large advisory firm based in New York. It manages $260.31 billion of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2019.

Bny Mellon Investment Adviser provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bny Mellon Investment Adviser: assets under management

The assets under management (AUM) of Bny Mellon Investment Adviser, Inc. is $260.31 billion, all of which is managed in discretionary accounts. $17.07 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $260.31 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.74 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bny Mellon Investment Adviser, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gregory Allan Brisk serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Gregory Allan Brisk is investment companies with 147 clients and $243.24 billion of assets under management. Among the 11 most similar advisory firms, Bny Mellon Investment Adviser has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $260.31 billion for 150 clients. 2% of the firm’s clients are foreign persons or businesses.

Bny Mellon Investment Adviser doesn't advise any private funds.

Careers at Bny Mellon Investment Adviser, Inc.

The company employs 222 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Gregory Allan Brisk has been acting as President since 1 Dec 2017. Kenneth James Bradle joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Warren Connolly	Chief compliance officer	1 Oct 2004	Other	1144952
James Nmi Bitetto	Secretary	1 Sep 2007	Other	1998896
Tracy Ann Hopkins Condon	Vice president-cash strategies	1 Jan 2013	Other	1416315
Bennett Allen Macdougall	Chief legal officer	1 Jun 2015	Other	4572830
Mbc Investments Corporation	Sole shareholder	1 Feb 2017	75% - 100%	51-0301132
Gregory Allan Brisk	Director	1 Dec 2017	Other	5859270
Renee Michelle Laroche Morris	President and director	1 Jan 2018	Other	4874458
Kenneth James Bradle	Vice president	1 Jun 2019	Other	1827956

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
The Bank Of New York Mellon Corporation	Sole shareholder	1 May 1987	75% - 100%	13-2614959

Based in New York

The principal office where Bny Mellon Investment Adviser, Inc. performs its advisory services is located at 200 Park Avenue, New York, NY 10166, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 922-6400. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bnymellonim.com.