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"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

BNY Mellon Wealth Management Targets Growth In New England

Eliane Chavagnon
Reporter

13 July 2012
Daily News Analysis

New York’s BNY Mellon has hired Thomas Fay to head its regional wealth management office in Providence, RI, and join a senior management team focused on expanding business throughout New England.

Fay reports to New England regional president Vicary Graham, overseeing a team of wealth professionals concerned with business development, portfolio management, private banking and client service for high net worth investors in southeast New England.

Prior to joining BNY Mellon, he spent three years at Citizens Bank as head of private bank and trust, and chief investment officer. Before that, he was managing director and division investment management executive for US Trust. Overall, he has more than 20 years of experience in the financial services industry.

Separately, the firm has appointed Dan Gosselin as chief executive of BNY Trust Company of Canada and head of its corporate trust business in Canada.

Based in Toronto, ON, he reports to Sonia Chaliha, head of client and business development for Latin America and Canada for BNY Mellon Corporate Trust.

Prior to joining BNY Mellon, Gosselin was as an advisor to the president of the private client division at Mackie Research Capital. Before that, he provided private consultancy and advisory services, as well as holding a number of senior-level wealth management, fund and asset management positions. 

He also has extensive capital markets experience, having run a variety of fixed income, sales, origination and trading functions as a managing director at Merrill Lynch Canada and CIBC World Markets.

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