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Investment Service Fees at BNY Mellon…


BNY Mellon Investment Management charges $8.75 per trade on the first $1,000 shares, 0.25% shareholder fee, 0.12% administration fee, and investment advisory fees that range from approximately 0.15% for a money market investment objective fund and 1.15% for an emerging markets investment objective fund, as stated in the BNY Fund Summary.

BNY Mellon offers competitive service fees for the industry. The fee for BNY Mellon Wealth Management is 0.75% on the first $3 million and reduces to 0.2% for accounts with more than $50 million, according to Barrons. BNY Mellon is a very large bank that is known for catering to its wealthy clients. For full service investment management and financial planning, there is a $2 million minimum, according to Kiplinger.

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