May 9, 2013
Discounted services from best-of-class providers support growth and lower costs for advisors
JERSEY CITY, N.J. - Pershing LLC, a BNY Mellon company, today announced it has added four new relationships to its ValueAlliance® program. The availability of the four new relationships– The College for Financial Planning, The Boston Institute of Finance, The Advisor Center, and the Pension Resource Institute – will help advisors drive growth, optimize human capital and maximize their operational efficiency.
The ValueAlliance program provides Pershing’s clients with access to a wide range of solutions and preferred pricing from an extensive network of leading third-party firms. Companies in the ValueAlliance program are carefully selected by Pershing to offer best-of-class service providers to its clients. In addition, Pershing leverages its scale and buying power to secure preferred rates from providers in the ValueAlliance program.
“Whether it is supporting growth through the services of the Pension Resource Institute, cost effectively improving human capital with training from The College for Financial Planning or The Boston Institute of Finance, or reducing recruitment costs through The Advisor Center, these new providers will help support the business objectives of advisors. For example, last year the ValueAlliance program was able to deliver a 20-percent discount on training costs for one of Pershing’s clients, which resulted in a five figure savings for that firm,” said Kim Dellarocca, director of segment marketing and practice management at Pershing. “We’re delighted to welcome these four firms to ValueAlliance and to help our clients support their advisor and business needs.”
The services offered by the four new providers of ValueAlliance include:
The Pension Resource Institute supports the retirement infrastructure of financial professionals. It provides subscription-based services that support ongoing compliance management and training as well as advisor sales activity.
Pershing and its affiliates provide global financial business solutions to advisors, asset managers, broker-dealers, family offices, registered investment advisor firms and wealth managers. A financial services firm located in 23 offices worldwide, Pershing provides business-to-business solutions to clients representing 6 million active investor accounts on the U.S. platform. Pershing affiliates are members of every major U.S. securities exchange, and its international affiliates are members of the Deutsche Börse, Australian Stock Exchange, Irish Stock Exchange, London Stock Exchange and Toronto Stock Exchange. Pershing LLC (member FINRA/NYSE/SIPC) is a BNY Mellon company. Additional information is available on pershing.com, or follow us on Twitter @Pershing.
About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2016, BNY Mellon had $29.1 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.