Wealth Industry Veteran to Lead Asset Allocation and Investment Strategy
NEW YORK and BOSTON, June 19, 2012 — BNY Mellon has tapped investment industry veteran Jeffrey Mortimer to be director of investment strategy for its wealth management group, effective June 18. Reporting to Wealth Management Chief Investment Officer Leo Grohowski, Mortimer will be based in Boston.
Mortimer, who has more than two decades of experience in financial services, served with Charles Schwab for 13 years in a number of positions, culminating with his appointment as chief investment officer. He also previously worked as vice president and partner at Bainco International Investors where he specialized in asset management and allocation strategies and advice for high net worth families.
"We are delighted to have an investment professional of Jeff's caliber joining BNY Mellon Wealth Management," Grohowski said. "His asset allocation and investment strategy experience will be invaluable as we continue to navigate successfully through these challenging markets."
In his new role, Mortimer will lead the group's investment strategy committee in setting asset allocation strategy and making investment recommendations for implementation in BNY Mellon Wealth Management client portfolios. He will also play a lead role in communicating the organization's insights on the markets, investment dynamics and portfolio strategy, both internally and externally.
Mortimer holds the Chartered Financial Analyst designation and is a frequent presenter at client seminars and industry conferences on global markets, economic trends and asset management. He has been featured in a number of media outlets, including Barron's, Fortune, Bloomberg and CNBC. He earned his bachelor's degree in finance from Babson College in Massachusetts and an MBA from the University of Chicago Graduate School of Business.
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 $176 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 $26.6 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more at www.bnymellon.com or follow us on Twitter@BNYMellon.