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BNY Mellon to Acquire Assets of Atherton Lane Advisers of Menlo Park, California

January 20, 2016 4:01 PM EST

NEW YORK and MENLO PARK, Calif., Jan. 20, 2016 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, has signed a definitive agreement to acquire the assets of Menlo Park, CA-based Atherton Lane Advisers, LLC, which has about $2.7 billion in assets under management. Atherton is one of the region's premier independent investment managers and serves about 700 high net worth clients.

Upon completion of the transaction, Atherton will become part of BNY Mellon Wealth Management. Atherton principal Perry Olson will assume a senior leadership role.  His colleagues and co-founders Janet Littlefield and Gary... More