The Power of
Pershing’s team, which consists of more than 4,400 experienced people located in 18 offices worldwide, provides customers with flexible technology, operational support, practice management solutions, and a wide range of investment products, including managed account services, wealth management, lending, cash management, and retirement planning solutions.
As a subsidiary of The Bank of New York Company, Inc., Pershing has expanded financial services. Today, Pershing has assets of $12.4 billion and equity capital of $604 million, and The Bank of New York Company, Inc., has assets of $96.5 billion and equity capital of $9.3 billion. Pershing also holds client assets in custody worth over $700 billion. The Bank of New York has branches and representative offices located in 32 countries and offers the support of over 23,000 professionals worldwide.
Pershing LLC (member NYSE®/FINRA/SIPC) is a member of every major U.S. securities exchange, and its international affiliates are members of the Deutsche, the Irish Stock Exchange and the London Stock Exchange.
The following are some of the programs offered through Pershing:
Pershing is a leading global provider of business solutions to more than 1,100 institutional and retail financial organizations and independent investment advisors who collectively represent nearly six million individual investors.
Subscribe Streamline the way you sell, service, and maintain annuity products on behalf of your clients through Pershing’s Subscribe® program. Processing fixed and variable annuities in this program is convenient through a centralized, online annuity order entry platform in NetExchange Pro, which seamlessly interfaces with many of the country’s leading insurance companies.
Bond Central BondCentral® is an interactive, online fixed income trading platform accessible through Pershing’s NetExchange Pro®. This sophisticated, user-friendly platform is equipped with the essential tools for you to effectively service your clients’ fixed income investment needs in a convenient and cost-effective manner. Select from a complete range of products, including U.S. Treasury and Agency bonds, high-grade and high-yield corporate bonds, municipal bonds, and certificates of deposit. Through BondCentral, you will also have access to a highly efficient, electronic, multi-dealer environment.
NEXT Advisor's Account
The NEXT Advisor’s Account can transition your business from one that is product-focused to one that is relationship focused by inviting your clients to transition to fee-based brokerage accounts. As commissions are replaced with charges that are based on account value, you will consolidate and retain more assets from your current client base, and position your business to compete for new assets.
The NEXT Advisor account can provide a basis for building stronger, long-term client relationships by aligning compensation more closely with client account valuation, and you will enjoy the annuity-like revenue stream.
PEAK Programs Discover the asset-gathering potential and superior service of these wrap accounts, which offer a full compliment of turnkey and private label solutions for the support of your high-net-worth clients. Offer premier clients access to top-performing mutual funds, separately managed accounts, and overlay separate account portfolios - single portfolios whose assets are allocated among multiple money managers.