BNY Mellon Securities Corporation

Broker-DealerFINRA Member

Total AUM

$8.4B

Discretionary

$703M

8% of AUM

Accounts

3,732

Employees

253

Advisory reps

434

Brokerage reps

162

Firm details

Headquarters: New York, New York
CRD number: 231
Registered since: July 24, 1997
Website: www.bny.com
Custodians: PERSHING LLC, MORGAN STANLEY & CO. LLC
Fee structure: Percentage of AUM
Client types: Other81.18%
Individuals10.13%
HNWI4.97%
Corporations / Businesses3.13%
Charitable Organizations0.37%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

BNY Mellon Securities Corporation is a broker-dealer that also provides advisory portfolio management and insurance brokerage services to both individual/family and institutional clients. The firm is registered with the SEC (registered in 1997) and charges fees based on a percentage of assets under management. Advisory activity focuses on portfolio management for individuals and small businesses as well as for businesses or institutions. The firm indicates active incorporation of ESG considerations into its investment process. Business affiliations extend beyond brokerage and advisory roles: the firm is listed as participating in trust, banking, insurance, municipal advisory, and commodity pool/CTA activities and is identified as a sponsor/GP/managing member of pooled investment vehicles.