Pershing Wins Private Asset Management Magazine's Award for Best New Private Banking Product

March 19, 2014

JERSEY CITY, NJ, - Pershing Advisor Solutions, a BNY Mellon company, has won the Best Private Banking: New Product Award at the Private Asset Management (PAM) 2014 Awards, hosted by Private Asset Management  magazine. Selected by an independent panel of industry experts, the award honors outstanding achievement in four areas: financial progress over the course of the previous year, growth, client satisfaction and product innovation.

“This award is a testament to our continued ability to innovate and serve the specialized needs of the family office market,” said Mark Tibergien, Chief Executive Officer of Pershing Advisor Solutions. “The multi-family office space is evolving rapidly, and our private banking and bank custody solution is just one example of our commitment to providing advisors with the high level guidance, technology solutions and personalized service to enable them to grow and effectively serve the full needs of their clients.”

The fourth annual PAM Awards recognized investment professionals and wealth advisors operating within the private asset management industry for their exceptional work with high-net-worth investors.

"PAM is thrilled to present Pershing with the best private banking-new product award this year. The publication’s awards are designed to honor the best in the private asset management world, and our industry judges determined that Pershing has become a significant entity in the multi-family office space and continues to demonstrate their value and leadership with industry leading products and solutions,” said Kelsey Butler, managing editor, Private Asset Management magazine.

About BNY Mellon's Pershing

BNY Mellon’s Pershing and its affiliates provide advisors, broker-dealers, family offices, hedge fund and ’40 Act fund managers, registered investment advisor firms and wealth managers with a broad suite of global financial business solutions. Many of the world’s most sophisticated and successful financial services firms rely on Pershing for clearing and custody, investment and retirement solutions, technology, enterprise data management, trading services, prime brokerage and business consulting. Pershing helps clients improve profitability and drive growth, create capacity and efficiency, attract and retain talent, and manage risk and regulation. With a network of 23 offices worldwide, Pershing provides business-to-business solutions to clients representing more than 6 million investor accounts globally. 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 December 31, 2016, BNY Mellon had $29.9 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.