Private Client Services formed a strategic relationship with Pershing, LLC to execute, clear and custody the assets of our advisor’s clients. Working with Pershing, PCS is able to deliver innovative products and services to our professional financial advisors and clients throughout the United States.
Pershing’s 70 year history and financial stability as a subsidiary of BNY Mellon, provides PCS with the assurance, comfort and strength in being affiliated with one of the leading global financial institutions.
Pershing – the #1 clearing firm* in the U.S. – has more than $1.5 trillion in global client assets. Its parent company, Bank of New York Mellon, has $28.5 trillion in assets under custody and/or administration as of March 31, 2015.
Our Pershing partnership allows our Financial Advisors access to:
- Clearing Services
- Capital Markets Expertise
- Practice Management
- Strength and Stability
Pershing is a Broker/Dealer registered with the U.S. Securities and Exchange Commission, all 50 states as well as the District of Columbia and Commonwealth of Puerto Rico, and certain foreign jurisdictions. Pershing is also a member of the Financial Industry Regulatory Authority, every major United States securities exchange and the Municipal Securities Rulemaking Board.
*Based on number of Broker/Dealer clients, InvestmentNews, 2014
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