February 12, 2015
Mark Tibergien Recognized with the Outstanding Contribution Award
JERSEY CITY, N.J. — Pershing Advisor Solutions, a BNY Mellon company, is pleased to announce it won the Private Banking – Innovation award and Mark Tibergien, chief executive officer of Pershing Advisor Solutions, was honored with the Outstanding Contribution award at the 2015 Private Asset Management (PAM) awards, hosted by PAM magazine. The PAM awards recognize investment professionals and wealth advisors who have successfully serviced high-net-worth individuals in an increasingly complex economic environment.
We are proud to have our private banking solution recognized for its innovation,” said Tibergien. “High-net-worth investors are increasingly turning to private banking to manage their personal balance sheets. Recognizing this need we began offering a private banking solution as part of our continuous efforts to help our clients increase the value they bring to high-net-worth investors. The combination of client feedback about how this solution is helping them grow their businesses and this award affirms that our efforts are working.”
Pershing Advisor Solution’s private banking solution, which was launched in 2013, is a collaboration with BNY Mellon Private Banking. Through the service, which is available to Pershing Advisor Solution’s clients, BNY Mellon private bankers and mortgage lenders help advisors with liquidity management through lending solutions, including investment credit lines, life insurance premium financing, residential and commercial mortgages.
“PAM is delighted to award Pershing in the Private Banking – Innovation category and honor Mark Tibergien with our Outstanding Contribution award,” said Stephanie Bartup, editor, Private Asset Management magazine. “Mark is widely admired by his peers and industry colleagues, and we would like to offer our warmest congratulations to Mark as a most deserving recipient of this coveted award.”
PAM’s Outstanding Contribution award is presented to an individual who has shown dedication and commitment to the private wealth industry over a significant period of time, and whose achievements have particularly stood out to industry colleagues and the PAM team.
Throughout his nearly 40-year career, Tibergien has worked closely with hundreds of independent registered investment advisors, broker-dealers, investment managers, insurance companies and other financial services organizations in and around the world on matters related to business management, transition planning and strategy formulation. Prior to joining Pershing in 2007, Tibergien was a principal at the accounting and consulting firm, Moss Adams LLP. Earlier in his career, he was president of a nationally recognized bank and business training and consulting firm, and a principal in an investment management firm. Tibergien is also an accomplished author of three books: Practice Made Perfect, How to Value, Buy or Sell a Financial Advisory Practice and Practice Made (More) Perfect. He has been a regular columnist for Investment Advisor magazine on management issues since 2005.
“It’s a tremendous honor, and I am humbled, to be selected by my peers and PAM magazine for the Outstanding Contribution award,” said Tibergien. “I have enjoyed a rewarding career in this industry and hope future generations too will see the benefits of pursuing opportunities in wealth management. The most valuable contribution that I can make to this industry is to be an example to my peers to teach younger generations about personal finance as a means to interest them in our industry to, in turn, create a sustainable pipeline of talent needed to serve the growing demand for financial advice.”
About BNY Mellon’s Pershing Advisor Solutions
BNY Mellon’s Pershing Advisor Solutions is a leading provider of business management, execution and financing and custody solutions serving professionally managed, growth-oriented advisory, wealth management and institutional providers serving clients with complex financial lives.
Pershing Advisor solutions is a true business-to-business provider offering cutting-edge solutions—from private banking to alternative investments to global capabilities—to help clients to run their business more efficiently and service clients more effectively. Pershing Advisor Solutions LLC, member FINRA, SIPC, is a wholly owned subsidiary of The Bank of New York Mellon Corporation (BNY Mellon). To learn more, visit us online or connect with us on LinkedIn or Twitter.
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 and wealth management and investment services in 35 countries. As of Sept. 30, 2020, BNY Mellon had $38.6 trillion in assets under custody and/or administration, and $2.0 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.
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, managed account technology and operations 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 offices worldwide, Pershing provides business-to-business solutions to clients representing more than seven million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. Professionally advised managed accounts are offered through its affiliate, Lockwood Advisors, Inc., which is an investment adviser registered in the United States under the Investment Advisers Act of 1940. 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 and wealth management and investment services in 35 countries. As of Dec. 31, 2020, BNY Mellon had $41.1 trillion in assets under custody and/or administration, and $2.2 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.