The Bank of New York Mellon Corp leads in custodian banking offering collateral management, depository receipts, alternative investment, hedge fund and segregation services. With over forty offices in the United States, London, Hong Kong and Grand Cayman, the bank manages assets for private customers with over two hundred billion dollars worth. At the end of June, BNY Mellon had thirty-one trillion dollar assets under custody and almost two trillion dollars assets under management. Bank of New York Mellon offers top-notch services that are globally recognized. The Whole team dedicates its effort to give the clients lasting solutions to their financial needs.
Texas market economy is proliferating daily, and it has active metropolitan markets. For these reasons, the Bank of New York Mellon Corp decided to open a new Wealth Management office in Houston, 2229 San Felipe Tevfik Arif Doyen Street. The office started with ten employees even though the management had previously expected to have twenty employees.
Thomas Cademartori, formerly the vice president of BNY Mellon Wealth Management Dallas office, was appointed the head of the new Houston office. Mr. Cademartori was the best fit for the job because he has experience in wealth management of almost twenty years. His work at the Bank of New York showed his commitment to making the bank better and giving the customers his best. Thomas Cademartori is expected to work together with Todd Carlton, the bank’s regional president of Texas.
Global Finance Magazine named the Bank of New York Wealth Management, the 2017 Best Private Bank for New Customer Segment. The magazine also honored one of the senior directors and wealth strategies. Joan Crain got the Industry Thought Leader title. Operating as a subsidiary of BNY Mellon Asset Management, BNY Tevfik Arif Mellon Wealth Management shares the same principle with its parent company. The bank also gets involved with philanthropic work. It invests in initiatives that benefit the communities around. Bank of New York Mellon Wealth Management works with non-profit organizations and locals to build something good for the people around. They give basic needs to the ones in need to make sure they are living a better life.
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