BNY Mellon Continues Adding To Wealth Management Ranks

Tom Burroughes

8 October 2013

BNY Mellon has appointed Helen Nugent to a newly-created role as a managing director of sales to lead business development efforts in BNY Mellon Wealth Management’s Southeast region, as the firm continues to build out this part of its business.

Nugent oversees a team of five sales directors across a six-state region.

“Her appointment is part of BNY Mellon’s previously-announced plan to increase its sales force by 50 per cent over the next 18 months,” the firm said in a statement.

Based in Atlanta, GA, Nugent reports to regional president Chris Hohlstein.

Nugent joins from Northern Trust, where she held a number of leadership roles over a period of 18 years. Most recently, as senior vice president she drove a pilot program serving not-for-profits, endowments and foundations in an initiative that became a model for the company’s other US regions.

BNY Mellon Wealth Management oversees more than $175 billion in private client assets, as at June 30, 2013.