Stay up to date with the latest press releases, commentary from Pershing executives, and product and service announcements in The Pershing Press.
|Pershing Expands Donor-Advised Funds Platform Available to Advisors
December 17, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today announced an expansion of its philanthropic solutions for advisors at independent broker-dealers and registered investment advisors available through NetX360®, its technology platform for advisors. The open-architecture donor-advised funds solution and educational resources provide advisors with the tools necessary to facilitate the creation and management of a donor-advised fund. This solution is made possible through an alliance with Crown Philanthropic Solutions, a provider of donor-advised fund technology.
|Pershing Identifies Six Transformations Elite Broker-Dealers Use to Outperform Peers
December 9, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today released a study that shows how elite broker-dealers are outperforming their peers by focusing on six key differentiators. The study, "Broker-Dealer of the Future II: Six Stunning Transformations That Are Creating the Broker-Dealer of the Future," consists of six guidebooks that focus on the transformations broker-dealers are employing. These transformations address how firms can become more profitable by responding to innovations in technology, service methods and shifts in demographics.
|Pershing Adds John Hancock to its First-of-Its-Kind 529 College Savings Solution
December 3, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today announced that a second major 529 college savings plan provider, John Hancock, is now available through NetX360®, Pershing's technology platform for advisors. In addition to providing advisors with even more choice in college savings options for their clients, advisors also benefit from increased efficiency of streamlining the account establishment and funding processes. The platform allows advisors to open, fund and consolidate 529 plan accounts directly through NetX360. John Hancock's Freedom 529 Plan joins American Funds' CollegeAmerica® plan on Pershing's no-fee college savings program. The platform's open architecture design will allow more 529 plans to be added in early 2014 and beyond.
|Pershing Enhances NetX360® Platform with Additional Third-Party Technology Integrations
November 20, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today announced several enhancements to NetX360®, its technology platform for advisors. NetX360 now offers additional integrations with two popular portfolio management and rebalancing solutions –Blaze Portfolio and Portfolio Pathway. Also, as part of its client onboarding solution, NetX360 now provides Laser App® forms management and configuration tools. In addition to these integrations, users of the NetX360 can now directly access Ebix Smart Office customer relationship management (CRM) software via a single sign-on process.
|Pershing Enhances PrimeConnect Collateral Management Application with the Addition of Fully Paid Lending Capabilities
November 5, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today announced enhancements to its PrimeConnect application, most notably adding a seamless link to Pershing’s Fully Paid Securities Lending program.
|Pershing’s FundVest 200: Mutual Fund List Brings Institutional Investment Management Research to Broker-Dealers and Advisors
November 11, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, announced today that it is developing FundVest 200, a new list of premier mutual funds that can help advisors construct portfolios for investors based on credible, institutional quality research. The funds that are selected for FundVest 200, available on Pershing’s no-transaction-fee mutual fund platform, will be selected by Lockwood Advisors, Inc., utilizing the BNY Mellon Manager Research Group’s independent research process, and will be offered at no additional cost to Pershing broker-dealer and registered investment advisor clients.
|Pershing Helps Advisors Capture IRA Rollovers in a Shifting Regulatory Environment
October 29, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today released a white paper on the pending regulatory changes for fiduciaries and the potential impact on how advisors manage IRA rollovers. The white paper, "Pursuing Rollovers in an Evolving Regulatory Landscape" provides insight into the anticipated regulatory changes that will modify the definition of a fiduciary. Pershing has released this white paper to help guide advisors on how they can accommodate these rules as it pertains to IRA rollovers and continue to deliver services to their clients.
|For Advisor Platform, Pershing Crunches Big Data Into Friendlier Size
October 18, 2013 - Read the article written by ThinkAdvisor.
|When Hiring, Consider What NextGen Wants
September 25, 2013 - Read the article written by InvestmentNews.
|Convergence Grows Between Hedge Funds and Mutual Funds
September 25, 2013 - Read the article written by Global Custodian.