Clients
Mellon Investments serves 3,942 clients, 3,492 of them high-net-worth individuals. The average client has about $222 million with the firm, and high-net-worth clients hold 2% of its $873.9 billion in assets.
- High-net-worth individuals3,492 clients2%
- Investment companies176 clients68%
- Pooled investment vehicles6 clients3%
- Pension and profit-sharing plans106 clients7%
- State or municipal government entities89 clients10%
- OtherSovereign wealth funds and foreign official institutions, Charitable organizations, Insurance companies, Corporations and other businesses, Other10%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 3,492 | $19,626,445,530 | 2.2% | $5.62M |
| Investment companies | 176 | $590,622,267,350 | 67.6% | $3.36B |
| Pooled investment vehicles | 6 | $28,634,686,666 | 3.3% | $4.77B |
| Pension and profit-sharing plans | 106 | $57,612,641,645 | 6.6% | $543.5M |
| Charitable organizations | 26 | $5,122,884,554 | 0.6% | $197.0M |
| State or municipal government entities | 89 | $86,955,389,251 | 10.0% | $977.0M |
| Insurance companies | 6 | $1,849,316,988 | 0.2% | $308.2M |
| Sovereign wealth funds and foreign official institutions | 15 | $75,460,175,696 | 8.6% | $5.03B |
| Corporations and other businesses | 9 | $3,575,998,447 | 0.4% | $397.3M |
| Other | 17 | $4,406,797,222 | 0.5% | $259.2M |
| Total | 3,942 | $873,866,603,349 | 100% | $221.7M |
- Clients
- 3,492
- Regulatory AUM
- $19,626,445,530
- Share
- 2.2%
- Avg. per client
- $5.62M
- Clients
- 176
- Regulatory AUM
- $590,622,267,350
- Share
- 67.6%
- Avg. per client
- $3.36B
- Clients
- 6
- Regulatory AUM
- $28,634,686,666
- Share
- 3.3%
- Avg. per client
- $4.77B
- Clients
- 106
- Regulatory AUM
- $57,612,641,645
- Share
- 6.6%
- Avg. per client
- $543.5M
- Clients
- 26
- Regulatory AUM
- $5,122,884,554
- Share
- 0.6%
- Avg. per client
- $197.0M
- Clients
- 89
- Regulatory AUM
- $86,955,389,251
- Share
- 10.0%
- Avg. per client
- $977.0M
- Clients
- 6
- Regulatory AUM
- $1,849,316,988
- Share
- 0.2%
- Avg. per client
- $308.2M
- Clients
- 15
- Regulatory AUM
- $75,460,175,696
- Share
- 8.6%
- Avg. per client
- $5.03B
- Clients
- 9
- Regulatory AUM
- $3,575,998,447
- Share
- 0.4%
- Avg. per client
- $397.3M
- Clients
- 17
- Regulatory AUM
- $4,406,797,222
- Share
- 0.5%
- Avg. per client
- $259.2M
Total
- Clients
- 3,942
- Regulatory AUM
- $873,866,603,349
- Share
- 100%
- Avg. per client
- $221.7M
What it does
Mellon Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, fixed fees and other arrangements.
Mellon Investments advises no private funds.
100.0% of assets ($873.87B across 3,942 accounts) are managed with discretion. $396.9M sits in a wrap fee program the firm both sponsors and manages. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks64%
- Funds2%
- Bonds16%
- U.S. government and agency bonds14%
- Investment grade corporate bonds2%
- Cash18%
Custodians
Mellon Investments’ client accounts are held mainly at The Bank of New York Mellon, with 13% of managed assets, and State Street Bank and Trust, with 5%. Mellon Investments has custody of client assets.
- State Street Bank and TrustState Street Bank and Trust Company · North Qunicy, MA · $41.66B5%
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $112.18B13%
- Northern TrustNorthern Trust Corporation · Chicago, IL · $30.55B3%
- All other custodians$689.48B79%
Ownership and leadership
MBC Investments Corporation owns 75% or more of Mellon Investments, and Stephanie Pierce is its CEO.
- Owns 75% or more of Mellon Investments Corporation
MBC Investments Corporation
Control person · since July 1992
- Owns 75% or more of MBC Investments Corporation
BNY Mellon Ihc, LLC
Control person · since April 2017
- Owns 75% or more of BNY Mellon Ihc, LLC
The Bank of New York Mellon Corporation
Control person · since April 2017
Leadership
- Stephanie PierceChief Executive Officer & Director
- Kimberly Mackenzie-PermanChief Financial Officer & Director
- Lori NajjarChief Compliance Officer
- John TobinCIO, Dreyfus
- Marlene WalkerCIO, Mellon
Staff
- 98 employees
- 61 in advisory functions
- 7 broker-dealer reps
- 9 soliciting firms
Fees
Mellon Investments is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other.
Mellon Investments’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Mellon Investments has 4 offices, with 5 listed addresses across 5 states.
California · 1 listed address
- 101 2nd Street, San Francisco
Florida · 1 listed address
- 600 Colonial Center Parkway, Lake Mary
Massachusetts · 1 listed address
- One Boston Place, Boston
New York · 1 listed address
- 200 Park Avenue, New York
Pennsylvania · 1 listed address
- 500 Ross Street, PittsburghHQ
Other business names
Mellon Investments has reported 5 other business names to the SEC.
- BNY Investments
- BNY Investments Dreyfus
- BNY Investments Mellon
- Dreyfus
- Mellon
Registration details
- Legal name
- Mellon Investments Corporation
- Headquarters
- 500 Ross Street, Pittsburgh, PA 15258
- Phone
- 617-248-3682
- Website
- www.mellon.com
- SEC file
- 801-19785
- Structure
- Delaware corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Mellon Investments have?
Mellon Investments has 3,942 clients and manages $873.9 billion for them, as of September 2026. They include 3,492 high-net-worth individuals, 176 investment companies and 106 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 September 2026
What services does Mellon Investments offer?
Mellon Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Mellon Investments use?
Mellon Investments’ separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $112,175,620,777, State Street Bank and Trust Company (North Qunicy, MA), with $41,657,111,239 and Northern Trust Corporation (Chicago, IL), with $30,550,001,670. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 September 2026
How many financial advisors does Mellon Investments have?
Mellon Investments has 0 investment adviser representatives registered with state securities authorities, out of 98 employees, and 61 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Mellon Investments invest in?
At the end of its last fiscal year, Mellon Investments’ separately managed accounts held 64% exchange-traded equities, 18% cash and equivalents, 14% U.S. government and agency bonds, 2% investment grade corporate bonds and 2% pooled vehicles (private funds and similar). It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mellon Investments?
Mellon Investments is owned through a chain of holding companies by the Bank of New York Mellon Corporation. Its direct owner is MBC Investments Corporation (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 September 2026
How does Mellon Investments get paid?
Mellon Investments is paid through a percentage of assets under management, fixed fees and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
