Lawrence Miles will oversee sales and servicing for Southern California
NEW YORK and LOS ANGELES, October 25, 2011 — BNY Mellon's wealth management business has named Lawrence Miles to be regional president for the firm's growing Los Angeles Office. Miles reports to David Emmes, President of U.S. Markets-West and is based in the company's new Century City office, which opens today.
Miles previously served as Executive Vice President with the boutique investment advisory firm, Convergent Wealth Advisors. During his ten years with that company Miles held a number of increasingly responsible positions in serving individuals and institutional clients.
'Larry's appointment is yet another sign of our incredible growth over the past two years," Emmes said. 'His extensive business development and management experience is a great fit for our expanding LA office. Year over year, our total assets under management have grown by 17 percent and we are continuing to add staff with plans to hire three more in the coming months. Larry's leadership and our adds to staff will only increase our focus on best in class client service."
Miles earned his master's degree in international business and economics from the London School of Economics and a bachelor's degree from Amherst College in Massachusetts.
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 and through Twitter@bnymellon.