BNY Mellon to Increase Wealth Management Sales Force by 50%

BNY Mellon, the global leader in investment management and investment services, is rolling out a major two-year recruiting campaign to increase BNY Mellon Wealth Management's sales force by 50 percent. In addition, the firm intends to add private bankers and mortgage bankers, portfolio managers and wealth strategists as well as additional sales support staff. (Logo:  http://photos.prnewswire.com/prnh/20130130/NY50587LOGO-a) The campaign represents an important new phase in BNY Mellon Wealth Management's multi-year growth strategy to continue to build presence and capabilities in the US and globally.  Despite the sharp economic downturn of 2008, in the past four years BNY Mellon Wealth Management has grown its footprint both organically and through acquisitions.  During that time, the firm has made acquisitions in Toronto and Chicago, opened new offices in Dallas, Washington and the Cayman Islands, and added two new offices in Florida, where it now has a total of seven locations. With this initiative, the firm plans to strengthen the sales teams in its current locations and establish offices in other key wealth markets. By the end of last year, BNY Mellon Wealth Management's