BNY Mellon & Windward Form Strategic Alliance
BNY Mellon Wealth Management has entered into a strategic alliance relationship with Windward Management Ltd., a Bermuda-based company specializing in the Bermuda financial market.
“This relationship enables Windward Management Ltd. to introduce the Bermuda market to BNY Mellon’s Wealth Management’s services. BNY Mellon Wealth Management is a leading U.S. wealth firm with more than $191 billion in total client assets,” the company said.
“The strategic relationship enables Windward to introduce the Bermuda market to BNY Mellon’s suite of wealth management capabilities and strong institutional heritage.”
“Windward’s experience and capabilities in the Bermuda market provides BNY Mellon Wealth Management with a strong partner to reach HNW investors in Bermuda,” said Erich Smith, BNY Mellon’s executive director for international wealth management.
“We expect that the diversified nature of BNY Mellon Wealth Management’s solutions along with its emphasis on bespoke wealth planning will be attractive to high net worth investors in Bermuda,” said Windward CEO Terrett West.
West noted that Windward has been working with other businesses within BNY Mellon for four years.
“In today’s turbulent financial world, BNY Mellon’s recognized security, infrastructure strength, exceptional capabilities and 200+ years fiduciary philosophy fits well with Bermuda’s focus upon capital preservation and long term approach to capital treatment. We hope that our Bermudian friends will find these services attractive.” he said.
