Mellon, Vinings Join Forces

February 20, 2002 ( - A new partnership between Mellon Financial Corporation and Vinings Management Corporation should benefit sponsors of non-qualified benefit plans and taxable trusts, the companies announced.

According to the companies, the partnership provides a more comprehensive menu of client services including plan design, administration, investment management, and financial analysis from the Atlanta-based Vinings.

Mellon and Vinings plan to target firms with deferred compensation and other senior management retirement plans. The partnership will also go after potential clients with taxable funding arrangements where Vinings has expertise – trusts that fund FAS 106 liabilities and Nuclear Decommissioning Trusts.