The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Moran Shifts Two BNY Mellon IM Channels Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 02, 2017

Moran Shifts Two BNY Mellon IM Channels

News summary by MFWire's editors

Joe Moran is shifting two BNY Mellon Investment Management [profile] distribution channels.

Joe Moran
BNY Mellon Investment Management
Head of Intermediary Sales, Americas Distribution
The asset manager's advisor-focused distribution team is taking over the advisor-sold defined contribution investment-only (DC I-O) channel, while BNY Mellon IM's individual boutiques are taking over their own subadvised distribution in the variable annuity channel, a BNY Mellon spokesman confirms.

Moran, head of intermediary sales in the Americas at BNY Mellon IM, and Tripp Braillard, executive vice president and head of retirement strategic accounts, did not return calls for comment for this story. Dan Steele, formerly senior vice president, retirement and subadvisory national sales manager, declined to comment.

Our sister publication, 401kWire, digs deeper into the DC I-O changes at BNY Mellon IM.

"We remain committed to the DCIO market and we have updated our approach to continue to provide exceptional and consistent client service to our partners," BNY Mellon spokesman Ben Tanner tells MFWire. "The responsibilities of our DCIO field sales team will now reside under our intermediary wholesale team, which we believe will enhance our comprehensive coverage model that reaches the markets that we support and look to grow."

The DC I-O and subadvisory channel shifts come a year after Mitchell Harris took over as CEO of BNY Mellon IM and ten months after Harris reorganized BNY Mellon IM. 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use