July 26, 2017 11:51 PM ET

Capital Markets

Company Overview of Pershing LLC

Company Overview

Pershing LLC provides technology, operational, trading, investment, and practice management solutions to help financial services firms and advisors. It develops communications and data processing systems to provide financial organizations with control and access to information, including trade/order processing browse and corrections; customized compliance analysis and reporting; new account openings and changes; client information, including activity, positions, and balances; dial-up and Internet-accessible brokerage workstation; reorganization and ACAT status; commission and bond calculators; bond order entry system; real-time market data; and interactive voice response services. It also of...

One Pershing Plaza

10th Floor

Jersey City, NJ 07399

United States

Founded in 1939

Phone:

201-413-2521

Fax:

201-413-5268

Key Executives for Pershing LLC

Chief Executive Officer
Chief Financial Officer
Chief Executive Officer of Pershing Advisor Solutions LLC
CEO of Investment Services for BNY Mellon and Vice Chairman of Investment Services for BNY Mellon
Head of Managed Investments Business
Compensation as of Fiscal Year 2017.

Pershing LLC Key Developments

BNY Mellon's Pershing Expands Third-Party Model Providers Available on Managed Accounts Solution

BNY Mellon's Pershing announced the addition of Invesco and Loring Ward as two new third-party model providers on its Managed360 solution. Several enhancements to its existing third-party model provider offerings from Russell Investments and Vanguard were also added to Managed360. Managed360, offered through Pershing affiliate Lockwood Advisors, Inc. delivers a streamlined managed accounts experience, leveraging the power of Pershing's NetX360 platform to help financial professionals scale their managed accounts business. The expansion of third-party model provider offerings, which include a range of ETF and mutual fund portfolios, is designed to provide financial professionals with a diverse set of strategies to help them meet a broader array of client investment goals.

Managed Portfolio Advisors Enters into an Agreement with Pershing LLC

Managed Portfolio Advisors announced it has entered into an agreement with BNY Mellon’s Pershing LLC to offer a flexible Unified Managed Account program to clients. The agreement unites MPA’s overlay management services1 with Pershing’s technology platform, which offers tools, reporting functionality and custodial services. MPA’s overlay management techniques are intended to harmonize an investor’s separately managed account strategies and other investment vehicles. The combined offering will drive increased efficiencies for clients, and allow for enhanced resources and accessibility. The Pershing platform provides financial professionals with access to a suite of desktop tools, including client profiling, proposal generation, asset allocation, model creation, reporting and account opening, as well as maintenance capabilities. Leveraging Pershing’s platform, MPA will continue to provide clients with overlay management services, including separate account implementation, tax optimization, tax management overlay, trade execution, drift monitoring and portfolio rebalancing.

Capital Investment Companies Enters into Multi-Year Relationship with Pershing, LLC Capital

Capital Investment Companies announced that they have entered into a multi-year relationship with Pershing, LLC. Capital, which is headquartered in Raleigh, NC, provides their advisors with an extensive platform of services through their Ensemble Platform. TheEnsemble Platform offers a team of professionals with comprehensive services working together as one for the client; consolidating and simplifying the investor’s financial life. Through the Pershing agreement, Capital plans to provide their advisors with investment tools and the highesr level of service in the industry.

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