BNY Mellon Wealth Management has moved its Cleveland office to a new larger space to accommodate anticipated growth in both new business and staff, and hired new staffers in other parts of the nation. 

In central Massachusetts, Peter Balesano has been hired as senior director for business development in the firm’s Westborough office. Balesano has 25 years of investment management experience, most recently serving as manager of the wealth management group for People’s United Bank. Prior to that, he was a city executive at Bank of America Private Bank.

Caroline Lee-Tsao has been hired as senior director, portfolio management, for BNY Mellon Wealth Management in San Francisco. Most recently, Lee-Tsao was a senior vice president of investments with Progress Investment Management Company. Prior to that, she was a managing director and portfolio manager at Charles Schwab Investment Management.

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