SAN DIEGO, January 14, 2014—BNY Mellon, the global leader in investment management and investment services, has opened a wealth management office in San Diego as part of its strategic expansion plan focusing on the top wealth markets in the U.S. Located in Del Mar, the office is headed by Paul Thiel, senior director for business development, who reports to Southern California Regional President Shannon Kennedy.

The San Diego office opening is the latest step in BNY Mellon Wealth Management’s expansion in Southern California. In 2013 the firm added 25 new hires consisting of portfolio management, business development and private banking employees serving Los Angeles and Orange and San Diego Counties.

“With the establishment of our San Diego office, BNY Mellon Wealth Management is solidifying its presence throughout Southern California. It represents one of the top wealth markets in the U.S. and one of the fastest-growing regions for our business,” Thiel said. “We have six employees dedicated to San Diego County and we plan to hire an additional private banker this year.”

BNY Mellon Wealth Management is a leading wealth manager with more than two centuries of experience in providing services to clients who today include financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It has nearly $180 billion in private client assets, as of September 30, 2013, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which provides investment management, custody, wealth and estate planning and private banking services to clients, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. For more information go to bnymellonwealthmanagement.com or follow us on Twitter @BNYMellonWealth.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of September 30, 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration, and $1.5 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on bnymellon.com, or follow us on Twitter @BNYMellon.