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BNY Mellon Exclusive: Acquisition of Archer Technology Part of Expansion into Retail Wealth Market

BNY Mellon has announced its strategic acquisition of the technology firm Archer, marking a significant expansion into the retail wealth market.

The Bank of New York Mellon Corporation, doing business as BNY, is an American banking and financial services corporation headquartered in New York City. PHOTO: Shutterstock
The Bank of New York Mellon Corporation, doing business as BNY, is an American banking and financial services corporation headquartered in New York City. PHOTO: Shutterstock

This move aims to enhance the company’s capabilities in managing and distributing accounts for financial advisors and their clients.

Set to finalize in the

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