Westlb Mellon Asset Management (Usa) LLC (New York)


Westlb Mellon Asset Management (Usa) LLC is a large advisory firm based in New York. It manages $477.26 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2006.

Westlb Mellon Asset Management (Usa) provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Westlb Mellon Asset Management (Usa): assets under management

The assets under management (AUM) of Westlb Mellon Asset Management (Usa) LLC is $477.26 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -50% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $477.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $68.18 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Westlb Mellon Asset Management (Usa) LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Westlb Mellon Asset Management (Usa) LLC

John D. O'malley has been acting as President since 1 Jan 2006. Lawrence S Lafer joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Charles Turner Chief executive officer and chief investment officer/non-owner 1 Mar 2005 Other 4944318
Westlb Mellon Asset Management Holdings Limited Parent company 1 Dec 2005 75% - 100% foreign entity
John D. O'malley Director 1 Jan 2006 Other 5397433
Terri Ambron Liftin Director and chief compliance officer 1 Aug 2006 Other 5196394
Christopher Brandely Associate director 1 Dec 2006 Other 5397445
Ravi Vish Chief executive officer 1 May 2007 Other 5356645
Lawrence S Lafer Chief compliance officer 1 Jul 2009 Other 1101176

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Westlb Ag Parent company 1 Apr 2006 50% - 75% foreign entity
Mellon Jv Limited Parent company 1 Apr 2006 50% - 75% foreign entity
Mgi (Holdings) Limited Parent 1 Apr 2006 75% - 100% foreign entity
Mellon International Limited Parent 1 Apr 2006 75% - 100% foreign entity
Neptune Llc Parent 1 Apr 2006 75% - 100% 00-0000000
Mbc Investments Corp. Parent 1 Apr 2006 75% - 100% 51-0301132
Mellon Financial Corporation Parent 1 Apr 2006 75% - 100% 25-1233834
The Bank Of New York Mellon Corporation Parent 1 Apr 2006 75% - 100% 13-2614959
Bny Mellon Asset Management International Holdings Ltd Parent 1 Apr 2006 75% - 100% foreign entity
Mellon International Holdings Sarl Parent 1 Dec 2007 75% - 100% foreign entity

Based in New York

The principal office where Westlb Mellon Asset Management (Usa) LLC performs its advisory services is located at 200 Park Avenue, New York, NY 10166, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-922-6770 or by fax 212-922-6770. The normal business hours are 9:00am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.westam.com.

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