People Moves
BNY Mellon WM Targets Texan Wealth With Houston Office
The rapid growth of the city and its wealth is a factor encouraging the US firm to open an office there.
BNY Mellon Wealth Management has opened an office in Houston, Texas.
Regional managing director Thomas Cademartori will head the office, located at 2229 San Felipe Street, along with Dallas-based Texas regional president Todd Carlton. Cademartori has nearly 20 years of wealth management experience, previously serving as vice president in BNY Mellon Wealth Management’s Dallas office. He brings extensive regional knowledge and expertise to his new role, having spent the majority of his career in the Texas market.
The wealth management firm, part of BNY Mellon, has more than 40 offices across 18 US. states, as well as Washington, DC, Toronto, London, Grand Cayman and Hong Kong. It manages nearly $216 billion in total private client assets.
The business recently named William R Gibbs as a wealth director in its Seattle, Wash. office.
