This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BNY Mellon Appoints Joseph Moran Head Of Distribution For Private Bank And Registered Investment Advisors

NEW YORK, July 9, 2014 /PRNewswire/ -- BNY Mellon Investment Management announced today that Joseph Moran has been named Head of Private Bank and Registered Investment Advisor (RIA) Distribution, a newly created position, with responsibility for distributing Dreyfus mutual funds and other BNY Mellon financial services in North America.

Moran reports to Kim Mustin, BNY Mellon Investment Management's head of North American distribution, who joined BNY Mellon in April.

"While this is not a new channel for us, it is an important market given its growth trajectory and our product and servicing offerings," Mustin said.  "Our association with Pershing, combined with our list of illiquid and liquid alternatives, enables us to be a unique partner to this segment of the market," Mustin continued.  "This move shows our intention to be more visible and engage more fully with this segment.  It also will focus our future product development and service offerings for this audience."

A 20-year financial services distribution expert, Moran joins BNY Mellon from Oppenheimer where he headed Wealth Management distribution since 2010.  Moran spent most of his career at DWS Investments / Deutsche Asset Management, where he held a series of progressive sales management leadership positions, including their Retirement Plan Services area, and ultimately led their Financial Institutions Group.  Recognized as a leader and innovator, Moran was a member of the CEO Advisory Committee to drive performance with new ideas, new strategies, and change initiatives.  Moran began his career as a financial advisor with Metropolitan Life.  Moran has Series 24, 7, 6 and 63 licenses and received his B.A. from the University of Dayton.

"BNY Mellon Investment Management's operating model, consisting of multiple autonomous institutional investment boutiques, allows us to meet the growing needs of our clients seeking unique investment solutions," Mustin said.  "Joe's relationships and experience within the Private Bank and RIA market will enable us to accelerate our efforts in this area.  We are delighted to add Joe's results-proven experience to drive our business forward." 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs