|Pershing Adds John Hancock to its First-of-Its-Kind 529 College Savings Solution
December 3, 2013 - JERSEY CITY, N.J., December 3, 2013 - 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., November 20, 2013 - 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’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 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 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.
|Pershing Study Finds That Financial Advisor Firms Must Transform Recruiting Models to Appeal to Generation Y
September 18, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today released its first-ever research report on college students' career priorities and their potential to become tomorrow's financial advisors. The study entitled, "ReGENeration: How Gen Y Could Revitalize the Industry and Bring New Life to Your Firm," was commissioned in response to the industry's talent crisis in the hopes of improving recruitment efforts. It is designed to help firms better understand college students' priorities when choosing a career, to identify students' trusted sources for information, and to gauge prospective graduates' familiarity with the financial advisor profession.
|Pershing Wins DALBAR Recognition for Excellence Award in Call Center Service
August 6, 2013 - JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, has been awarded the DALBAR Recognition for Excellence Award in Call Center Service, the gold standard for service quality within the financial services industry. Pershing received the Recognition for Excellence Award after it exceeded the criteria for DALBAR’s call service excellence standards. DALBAR is an independent company with 30 years of experience evaluating, auditing and rating business practices.
|Pershing Launches Online Practice Management Center for Advisors
June 6, 2013 - HOLLYWOOD, Fla. - Pershing LLC, a BNY Mellon company, today unveiled its new Practice Management Center, a comprehensive resource that offers Pershing's clients practice management-related content in one user-friendly, central location. In response to client demand, advisors will now have quick access to all of Pershing's family of practice management materials, including more than 100 pieces of thought leadership, whitepapers, guidebooks and interactive tools on-demand.
|Pershing Report Finds Advisors Must Adapt to America’s “New Modern Family” to Ensure Future Business Growth and Success
June 5, 2013 - HOLLYWOOD, Fla. - Pershing LLC, a BNY Mellon company, released a new report today offering a look at the makeup of today’s affluent advisor/client relationship. The report, entitled “Investor of the Future: The Quest for Tomorrow’s Affluent Clients Must Start Today,” offers best practices that firms and advisors can adopt in support of changing client demographics. In the report, Pershing gauges advisors’ perceptions of the broader market, and offers insight into which clients may be most influential in shaping advisors’ businesses in the future.
|Pershing Previews Its Next-Generation Mobile Application at INSITE 2013
June 5, 2013 - HOLLYWOOD, FL. - Pershing LLC, a BNY Mellon company, is previewing its next generation mobile solution for investment professionals today at the INSITE 2013 conference in Hollywood, Florida. The new version features a fully redesigned, sleek user interface and a variety of features aimed at making advisors more efficient and productive in their everyday activities. Consistent with BNY Mellon’s client-centric technology development approach, attendees at INSITE 2013 will be able to experience the app at the Interactive Solutions Center and provide feedback directly to the engineering team. The new application is scheduled to launch later this year for the iPhone and iPad, followed by versions for Android and Microsoft.