BNY Mellon Securities Corporation provides investment advisory services primarily through wrap fee programs sponsored by other financial institutions. The firm acts as a sub-advisor or model provider, offering various equity, fixed income, and asset allocation strategies managed by affiliated investment managers such as BNY Advisors, Newton Investment Management North America, Newton Investment Management Limited, and Walter Scott & Partners Limited. BNY Mellon Securities Corporation also sponsors its own wrap fee program, known as the BNY Managed Asset Program. The firm serves individual investors and institutional clients through these intermediary relationships, focusing on portfolio management and investment strategy implementation.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.50% |
Fees vary by program sponsor and strategy, typically ranging from 0.00% to 0.50% annually, paid out of the wrap fee charged by the program sponsor.