BNY Mellon Adds Professionals to Growing Chicago Wealth Management Office

Top-Ten Wealth Manager Is Poised to Nearly Double Its Local Team Since It Entered Market Last Year

NEW YORK and CHICAGO, July 26, 2012— BNY Mellon’s wealth management business has hired three new wealth management professionals for its burgeoning office in the important Chicago market. The addition of Julie Pully, Catherine Schulze and Lee Woolley brings the total staff to 19, up from 12 a year ago when the wealth manager purchased the asset management business of Chicago-based Talon Asset Management.

 

Pully started with BNY Mellon as a senior portfolio manager on July 23 and will be responsible for working with clients on their wealth and investment planning strategies. Schulze is a private banking specialist and provides an array of banking services and advice, both to existing and prospective clients. Woolley, who started last month, will work closely with Regional President Michael DiMedio on sales and marketing efforts throughout the region.

 

“BNY Mellon Wealth Management entered the Chicago market, the third largest wealth market in the U.S., a year ago and since then we have focused on growing our presence here by adding talented people to our team,” DiMedio said. “We intend to sustain that robust growth by adding two more positions in the coming months.”

 

Prior to joining BNY Mellon, Pully served as a senior portfolio manager for eight years at Northern Trust where she managed $700 million in assets. She previously worked for two years as a client advisor with the private wealth management group of Mercantile Safe-Deposit and Trust in Baltimore. Pully, who is a CFA charter holder, earned an MBA at the University of Chicago Booth School of Business and a Bachelor of Science from DePaul University. In addition to her professional memberships with the CFA Society of Chicago and University of Chicago Women’s Business Group, Pully volunteers with a number of organizations including the Greater Chicago Food Depository and Chicago Cares.

 

Schulze comes to BNY Mellon from BMO Harris Bank in Barrington, Ill., where she served for 18 years, most recently as Vice President and Senior Private Banker for the company’s private client group. She earned an MBA from DePaul University and her bachelor’s at Clarke University in Dubuque, Iowa. Schulze is involved with many community groups, having helped raise more than $15 million in various capital campaigns. She is also on the boards of Wellness Place, a cancer support group, and the Barrington Area United Way.

 

Prior to joining BNY Mellon, Woolley served at Northern Trust for more than 20 years in progressively responsible positions, most recently as a managing director leading the firm’s national advisory services group. He earned his BA from Knox College in Ill., and master’s in finance from the Kellogg Graduate School at Northwestern University. Woolley is an active volunteer with several groups, is currently a trustee with North Central College in Naperville, Ill., and sits on the business board of Knox College.

 

BNY Mellon Wealth Management is among the nation’s leading wealth managers, with more than two centuries of experience in providing investment management, wealth and estate planning, and private banking services to financially successful individuals and families, their family offices and business enterprises, charitable gift programs, and endowments and foundations. It is among the top 10 U.S. wealth managers with More than $171 billion in private client assets and an extensive network of offices in the U.S. and internationally.

 

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $27.1 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.5 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.comor follow us on [email protected]

 

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