Pershing
November 25, 2008
The unprecedented events in the global financial markets have had a significant impact on how investors view risk and the roles their investment professionals play in helping them achieve their financial goals. Feedback received from a series of recently hosted advisor roundtables confirms our belief that financial organizations and their investment professionals must continue to strategically position themselves in this new world of financial services.
Investors have grown more sophisticated and are seeking answers to a broad array of questions relating to portfolio diversification, counterparty risk, and the overall stability of their assets. Many investors do not want to actively manage their own investment portfolios. However, the current market turmoil has highlighted to investors the need to constantly evaluate the quality of the advice they are receiving from their investment professionals and the basic soundness and transparency of the investment strategy they are following.
Investment professionals must continually instill confidence in their clients by demonstrating a savvy combination of global vision, risk management acumen, and command of subject matter pertaining to their client’s investment portfolio. The challenge, of course, is that this must be accomplished for dozens or perhaps hundreds of clients while also attracting new assets. Establishing a collaborative business relationship with an experienced solution provider can enable investment professionals to turn this challenge into an opportunity that will deepen relationships with existing clients and develop new business.
Pershing Managed Account Solutions provides financial organizations and investment professionals with access to a comprehensive set of managed account solutions across a wide range of asset classes designed to meet the investment needs of individual clients. Our open-architecture approach gives financial organizations a choice of customized and turnkey options to build their fee-based advisory practices. Firms can leverage Pershing's technology and operational infrastructure to develop their own sponsored program or choose from among an array of turnkey platforms offered by some of the industry's leading providers, including our affiliates, Lockwood Advisors, Inc. and Lockwood Capital Management, Inc.
I encourage you to learn more about the broad array of managed account solutions and programs we provide to financial organizations, investments professionals, and independent registered investment advisors. We are confident that our experience and track record of success will help you grow Your Business Without Limits™.
