December 05, 2011

BNY Mellon Adds New Member of Family Wealth Advisory Team


L.A.-based Ron Bruder to provide specialized planning and investment services to clients

NEW YORK and LOS ANGELES, December 5, 2011 — BNY Mellon's wealth management business has appointed Ron Bruder, managing director, to its corps of investment management experts in advising ultra high net worth families and family offices with highly complex investment, banking and planning needs.

Bruder brings more than 25 years of financial services experience, having most recently served as Director and Vice President at Goldman Sachs where he managed main floor operations of Designated Primary Market-Makers on the Chicago Board Options Exchange. Prior to that, Bruder held progressively responsible executive investing and trading roles, from partner to CEO.

Reporting to Team Leader Ridge Powell, Bruder and his Family Wealth Advisor colleagues provide the firm's ultra wealthy clients across the U.S. with enhanced investment management expertise and products in addition to all that BNY Mellon already offers across its multiple boutiques. Based in Newport Beach, Ca., Bruder will serve clients in Texas, Nevada, Colorado, Washington, and all of California.

"Comprehensive wealth management services and deep expertise across a range of investment vehicles are critical as clients navigate an increasingly complex investment environment," Powell said. "Ron's background as a strategist and risk manager, will bring valuable perspective to serving our ultra high net worth clients."

BNY Mellon Wealth Management is among the nation's leading wealth managers, with more than two centuries of experience in providing investment management, wealth and estate planning, and private banking services to financially successful individuals and families, their family offices and business enterprises, charitable gift programs, and endowments and foundations. It is among the top 10 U.S. wealth managers with about $170 billion in private client assets and an extensive network of offices in the U.S. and internationally.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.9 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com or follow us on Twitter @bnymellon.