BancWest: Consolidate While Expanding
Bank-affiliated Broker-dealer

The Opportunity

• 13-month plan to consolidate four acquisitions
• Aggressive sales growth targets
• Change of ownership at clearing firm

Why Pershing?

• Experience

"Pershing really understood our timelines and supported our expectations." Bradley Grubb, Chief Executive Officer

• Network and technology
  • Opportunity to leverage affiliations, such as NaviPlan®, through NetExchange Pro®

"Our technical connection to the world"

• Ongoing training
  • Ability to involve all BWIS associates and trainers

"A great job helping our team see enhancements-and apply them immediately+

The Bottom Line

• Achieved 13-month consolidation goal $2 million under budget

"Their conversion team has extensive experience and helped us meet every deadline."

• Grew client sales from $500 million in 2005 to $1.6 billion in 2006
• Future: Growth Without Limits
  • Goal to invest $5 billion for clients by 2011

"Our relationship with Pershing will be critical to our success in the future."