We provide open architecture access to the funds that you and your clients seek. Select from load and no-load options from leading families, as well as thousands of choices available with no transaction fees.
In addition, Pershing's mutual fund marketplace can help reduce your operating expenses and headaches because it runs on our infrastructure, not yours. We make available a wide range of turnkey outsourcing solutions for fund screening and selection, administration and account management.
FundCenter® is a one-stop mutual fund supermarket that lets you efficiently reach multiple mutual fund providers through a powerful lineup of business-building tools, services and support. FundCenter offers access to over 22,000 funds from more than 630 fund families.
FundVest® provides access to more than 5,400 mutual funds from over 290 fund families, without transaction fees. FundVest Focus®, FundVest Institutional® and FundVest Offshore® offer a wide variety of load-waived mutual funds at net asset value.1,2 FundVest Offshore caters to your non-U.S. clients residing abroad. All programs are designed for fee-based or managed accounts.
FundVest 200 is a research-driven list of NTF mutual funds available through Pershing's FundVest® platform. The list, selected by Lockwood Advisors, Inc. (Lockwood)3 and offered at no additional charge, may be a useful tool to help guide you in constructing investor portfolios. FundVest 200, which is updated quarterly, may help enhance your business by offering you guidance from an affiliate that specializes in institutional investment due diligence, which is designed to assist you in strengthening your investor relationships. Lockwood partners with the BNY Mellon Manager Research Group to conduct initial due diligence and ongoing monitoring of each mutual fund.
The Mutual Fund Center features valuable new tools and information on mutual funds, making it easier than ever to review, screen and compare thousands of mutual funds. Available to all entitled NetX360® users via the Markets & Research tab, the Mutual Fund Center also provides mutual fund profile snapshots to view fund data and useful Pershing-specific information. In addition, it offers investment data from Lipper as well as robust thought leadership content.
A wide range of money market mutual funds and FDIC-insured products
Access to more than 140 sweep options from six different fund managers through our Cash Management Choice Program
Easy-to-administer equity-dividend reinvestment, funds transfer and systematic investment programs
Turnkey online, wireless and telephone account management options
Valuable news and investment resources accessible through NetX360®, our proprietary technology platform for investment professionals and registered investment advisors
Ability to trade all available domestic exchange-traded funds (ETFs) and notes with access to authorized participants through Pershing's trading desk
Our innovative ETF Center makes available analytic tools and Lipper and Morningstar® research, including searchable, detailed information on over 1,400 ETFs and exchange-traded notes (ETNs)
Compare ETFs to individual stocks or mutual funds, screen ETFs using a variety of criteria and find ETFs based on market performance
The Document Library provides you with a wealth of information including articles, reports and research on timely ETF topics
Use cost, returns, time horizon and other criteria to evaluate which ETFs are best-suited for achieving your clients' financial objectives
Contact us today to see how we can help you offer comprehensive fund solutions.
1 For additional information on any fund available through the FundVest programs, including charges and expenses, please consult the respective fund’s prospectus. Positions acquired without a transaction fee must be held for a six-month period to be eligible for a no-fee redemption. Any redemption made prior to holding the position for six calendar months, in any program, will incur a short-term redemption fee (unless otherwise specified by your firm). Pershing reserves the right to discontinue the FundVest programs at any time, at its sole discretion. In addition, Pershing reserves the right to change the funds available at any time.
2 FundVest Offshore is not available for retirement accounts.
3 Lockwood Advisors, Inc. (Lockwood) is an investment adviser registered in the United States under the Investment Advisers Act of 1940. Lockwood is an affiliate of Pershing LLC (Pershing), each wholly owned subsidiaries of The Bank of New York Mellon Corporation (BNY Mellon). The FundVest 200 list is intended for use by your firm and does not constitute investment advice from Lockwood to individual investors. No FundVest mutual funds managed by BNY Mellon affiliated investment managers were considered for inclusion in FundVest 200. Please refer to the FundVest 200 list of funds, available in FundCenter via NetX360, for more information and important disclosures regarding this program.
Mutual funds are sold only by prospectus and all funds may not be available in all jurisdictions. Please consult the prospectus of each individual mutual fund to obtain additional information, including an explanation of risks, fees and investment minimums.
FundVest 200 is a research-driven list of no-transaction-fee (NTF) mutual funds available through Pershing’s FundVest® platform.