BNY Mellon's Pershing Appoints Industry Veteran Lori Hardwick as Chief Operating Officer

February 9, 2016

JERSEY CITY, N.J., February 9, 2016 — Pershing LLC, a BNY Mellon company and a leading provider of global financial business solutions, today announced that Lori Hardwick has been named the company's new chief operating officer, effective February 29, 2016.

Hardwick joins Pershing from Envestnet and will succeed Lisa Dolly, who was recently appointed Pershing's new chief executive officer. Since joining Envestnet at its inception nearly 16-years ago, Hardwick served in a variety of roles managing its enterprise, sales, services, advisor orientation and on-boarding divisions. She most recently served as the company's group president of advisory services, overseeing all of its enterprise relationship management, institutional and global advisory sales, strategic partnerships, and practice management programs.

"We're fortunate to have Lori, a successful and highly qualified leader with an extensive track record of success and business growth, joining BNY Mellon's Investment Services team," said Lisa Dolly, newly promoted Pershing chief executive officer. "Lori brings many years of investment, technology and advisory expertise to Pershing and will help us deliver solutions which empower clients and improve the advisor and investor experience."

"Lisa and Lori will be a dynamic and complementary leadership combination, adding strength and depth to an industry leading team," said Brian Shea , BNY Mellon vice chairman and CEO, Investment Services. "Their experience, client-focus and solution orientation will help propel our clients and our business to a higher level of success.

"Prior to joining Envestnet, Hardwick served as regional vice president at Nuveen Investments, cultivating relationships with independent advisors spanning ten states in the Midwest. She also was responsible for founding Nuveen Investment Advisor Services, where she developed and managed a program and team specifically targeted to RIAs. Prior to Nuveen, Hardwick worked in institutional sales with Griffin, Kubik, Stephens & Thompson.

Hardwick was named one of the "50 Most Influential Women in Private Wealth" by Private Asset Management magazine in 2015 and one of the "50 Top Women in Wealth" by AdvisorOne in 2011.

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 June 30, 2017, BNY Mellon had $31.1 trillion in assets under custody and/or administration, and $1.8 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.