SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
BNY Mellon Securities Corporation
New York, NY
CRD 231
Firm filing updated September 28, 2026 ·
- $8.4BAssets
- 3,734Clients
- 91Advisory staff
- 3,732Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals2,997
- Corporations or other businesses441
- High net worth individuals228
- Pension and profit sharing plans30
- Charities22
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 2,997 | $856.3 million |
| High net worth individuals | 228 | $420.2 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 30 | $18.1 million |
| Charitable organizations | 22 | $31.1 million |
| Corporations or other businesses not listed above | 441 | $264.5 million |
| Other: "MODEL-ONLY WRAP PROGRAM SPONSORS" | 16 | $6.9 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "BNYMSC SPONSORS A WRAP FEE PROGRAM, AND SERVES AS A PORTFOLIO MGR OR MODEL PROVIDER TO THIRD PARTY WRAP PROGRAM SPONSORS."
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "BNYMSC SPONSORS A WRAP FEE PROGRAM, AND SERVES AS A PORTFOLIO MGR OR MODEL PROVIDER TO THIRD PARTY WRAP PROGRAM SPONSORS."
Assets and accounts
- Regulatory assets$8.4 billion
- Accounts3,732
- Discretionary$703.1 million · 1,422 accounts
- Non-discretionary$7.7 billion · 2,310 accounts
People
- Employees253
- Advisory staff91
- Broker-dealer reps162
- Licensed insurance agents14
- Planning clients0
Advisors
40 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 231, SEC file 801-54739.
- Registered with the SEC as an investment advisor (status date on record: July 24, 1997).
Is BNY Mellon Securities Corporation a fiduciary?
Short answer: BNY Mellon Securities Corporation is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 162 staff are broker-dealer representatives, the firm is itself a broker-dealer and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
14 staff are licensed insurance agents, the firm is itself an insurance broker or agent and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.