Our Products

Pershing Products and Services

Pershing strives to increase the efficiency and effectiveness of financial organizations by continually building,

Annuities, Mutual Funds, and Money Funds

• Annuities
  Streamline the way you sell, service, and maintain annuity products on behalf of your clients through Subscribe®. Processing fixed and variable annuities in this program is easy with NetExchange Pro®, whose centralized, online annuity order platform seamlessly interfaces with many of the country's leading insurance companies.

• No-Transaction-Fee Mutual Funds
  Maximize investment returns with access to over 1,750 mutual funds from more than 150 fund families through FundVest®. There are three distinct no-transaction-fee programs:
  
  - FundVest Focus^® offers no-load funds to individual investors
  - FundVest Institutional^® offers load funds at net asset value to fee-based or managed accounts
  - FundVest Offshore^® offers non-U.S. mutual funds to non-U.S. clients.¹

• Money Funds and Bank Deposit Accounts
  Intensify the growth potential of your clients' portfolios by offering the option to sweep their uninvested account balances to a taxable or tax-free money market fund, or a Federal Deposit Insurance Company-insured bank deposit account.

Business Tools

• Customer Billing Support (CBS)
  For financial organizations that offer managed accounts, CBS is available for the creation of an unlimited number of fee schedules that can be customized at the firm, office, account, or investment professional level. Schedules can be individually defined to bill either forward, or in arrears, with multiple billing cycle options.

• NetExchange Pro^®
  Available in both web and Windows^® formats, NetExchange Pro^® is our online brokerage platform designed for the investment professional. You and your investment professionals can review account information; place orders; get quotes, news, and research; and seamlessly access a variety of industry-leading content in an intuitive, point-and-click environment.
  

• Portfolio Evaluation Service (PES^®)
  Enhance your ability to monitor and maintain your clients' accounts with the Portfolio Evaluation Service. This tax-lot accounting and performance measurement service allows investment professionals to monitor a portfolio's performance online through NetExchange Pro. Clients receive a comprehensive, quarterly report.

• SelectView^®
  SelectView gives financial organizations the option to receive all their clients' statements on a single CD-ROM, providing them with convenient storage, retrieval, and sorting.

Cash Management Services

• EasyPay
  This convenient tool lets investors use a touch-tone phone to transfer funds from their bank accounts to their brokerage accounts.

• ProCash Plus^®
  ProCash Plus is a powerful asset management tool that allows your clients to invest in securities, purchase products and services, deposit money, write checks and pay bills from a single account. Pershing offers three levels of ProCash Plus; Platinum, Gold, and Silver. Each offers benefits and features that encourage clients to consolidate their assets into one convenient brokerage account, and offers you an easy and effective way to increase your firm's average account size.
  

• IRA Resource Checking
  Clients that attain the age of 59½ or older, and who maintain Traditional, Rollover, or Spousal individual retirement accounts (IRAs) with total equity of at least $500 in their accounts, can take advantage of unlimited check writing against their available funds through IRA Resource Checking.

Managed Account Programs

• Lockwood Managed Accounts
  Discover the asset-gathering potential and superior service of Lockwood Managed Accounts, which offer a full complement of turnkey and private label solutions to support your high-net-worth clients. Offer premier clients access to top-performing mutual funds, separately managed accounts, and overlay separate account portfolios-single portfolios whose assets are allocated among multiple money managers.

  - Managed Account Advisor
  With Managed Account Advisor, you benefit from a turnkey solution that you can brand as your own.
  - Managed Account Command
  Our private label platform enables you to customize many aspects of your sponsor or advisor-driven program, including fees, investment options, asset and style allocations, client profiling criteria, proposals, and quarterly performance reports.
  - Managed Account Network^TM
  Managed Account Network^TM gives your firm access to a network of best-of-breed, third-party asset management providers. This enables you to consolidate managed account assets, and satisfy a larger range of investment professional and client needs.

Investor Services

• Dividend Reinvestment
  Accumulate assets by demonstrating the value of dividend reinvestment to your clients. Through this program, dividends and capital gains from equities and closed-end funds are automatically reinvested through this program to purchase additional whole and fractional shares of the same security.

• NetExchange Client^®
  An Internet-based brokerage platform that makes trading, news, and account information available to your clients, around the clock, to complement your personal advice.
  

• Select Statement
  A simple, attractive, and practical way to keep track of financial activity, this customizable brokerage statement lists assets held by Pershing. With this flexible reporting tool, a single glance lets investors determine the value of their accounts, view activity summaries, review their portfolio holdings, and much more. For added convenience the SelectLink^TM service consolidates statements delivered to a client's household into one envelope.

Lending Services

• CreditAdvance^TM
  This margin lending product will help your clients unleash the potential of their brokerage account by leveraging their investment assets to obtain a line of credit for security purchases.

• LoanAdvance^TM
  A securities-based consumer lending product that is ideal for most personal, consumer, or business needs.
  

• RealAdvance^TM
  Enables you to offer your clients a mortgage origination solution provided by BNY Mortgage Solutions, a division of Everbank.

Retirement Products

Pershing offers financial organizations and their investment professionals a full line of individual retirement accounts (IRAs) and employer-sponsored retirement plans that enables them to serve their clients' retirement savings and distribution needs. These retirement offerings include:

- Education Savings Accounts, Traditional, Roth, and SIMPLE IRAs
- Simplified Employee Pension Plans
- 401(k) and Individual(k) Plans
- 403(b)(7) Custodial Accounts
- Profit Sharing
- Money Purchase Pension Plans
- Target Benefit Plans