BNY Mellon Wealth Management says it has lured another financial advisor from Wells Fargo.
Tom Assad has joined BNY Mellon Wealth in Boston as a senior client strategist, reporting to Matt Santangelo, head of client strategies and business development, New England, according to the firm.
Assad works with ultra-high-net-worth families, business owners, corporate executives, private equity and hedge fund principals and their family offices, as well as foundations and endowments, the company says.
Prior to joining BNY Mellon Wealth, Assad served as senior vice president and wealth advisor at Wells Fargo and headed a team developing custom solutions for high net worth clients, BNY Mellon Wealth says.
Assad registered as a broker in 2005 and came to Wells Fargo in 2016 as a broker and investment advisor from JPMorgan, according to BrokerCheck.
“Over his more than three decades in the financial services industry, Tom has established himself as a trusted leader in the region,” Santangelo said in the announcement. “His emphasis on planning-based advice combined with his understanding of the complexities of high net worth and ultra high net worth individuals and families will strengthen the delivery of our Active Wealth framework.”
BNY Mellon Wealth says it had $305 billion in total client assets as of March 31.