Pershing is giving its introducing broker-dealer and RIA clients what it a one-stop resource for information on close to 600 ETFs. The ETF Center uses tools, data and reports from
Morningstar.
Pershing LLC, a
subsidiary of The Bank of New York Mellon Corporation, has launched an
Exchange-Traded Funds (ETF) Center that provides its introducing
broker-dealer and independent registered investment advisor (RIA) customers
with a centralized source for accessing a broad array of tools and
educational information on ETFs.
Pershing's ETF Center is a one-stop resource for obtaining detailed
information on nearly 600 ETFs and offers comprehensive profiles of each
fund, including insight into performance, holdings, news and expense
information. It also features an advanced search functionality that allows
customers to identify ETFs that meet certain investment criteria, such as
asset class, market capitalization, investment risk, specific industry
sectors and geographical diversification. The center uses tools, data and
reports from Morningstar, Inc., a leading provider of independent
investment research.
Pershing's introducing broker-dealer customers can access the ETF
Center through NetExchange Pro(R), Pershing's online account management
platform. Through Pershing's affiliate, Pershing Advisor Solutions LLC,
independent registered investment advisors can access the center through
NetExchange Advisor(R), Pershing's online account management platform for
RIAs.
Ron Fiske, managing director of the product management and development
group at Pershing, said, "Our new ETF Center provides our customers with a
wide range of analytical tools and educational information regarding ETFs.
The addition of this important capability to our suite of fund solutions
underscores our commitment to provide our customers with a broad array of
cutting-edge services to help them grow their businesses."
As one of the first firms to support ETFs, The Bank of New York Mellon
has played an instrumental role in the development of a number of the
industry's most innovative new products. Today it serves as the leading
servicer of ETFs worldwide. It also offers ETFs a range of sub-advisory and
portfolio management services.
Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of
financial business solutions to more than 1,150 institutional and retail
financial organizations and independent registered investment advisors who
collectively represent over five million active investors. Located in 18
offices worldwide, Pershing is committed to service excellence and to
providing dependable operational support, robust trading services, flexible
technology, an expansive array of investment solutions and practice
management support. Pershing is a member of every major U.S. securities
exchange and its international affiliates are members of the Deutsche
Borse, the Irish Stock Exchange and the London Stock Exchange. Pershing LLC
is a subsidiary of The Bank of New York Mellon Corporation. Additional
information is available at pershing.com.
Pershing Advisor Solutions LLC (member FINRA/SIPC) is an affiliate of
Pershing LLC and a leading provider of financial business solutions to
independent, fee-based registered investment advisors and dually-registered
advisors working in conjunction with many of Pershing LLC's introducing
broker-dealer customers. Additional information is available at
http://www.pershingadvisorsolutions.com.
The Bank of New York Mellon Corporation is a global financial services
company focused on helping clients manage and service their financial
assets, operating in 34 countries and serving more than 100 markets. The
company is a leading provider of financial services for institutions,
corporations and high-net-worth individuals, providing superior asset
management and wealth management, asset servicing, issuer services,
clearing services and treasury services through a worldwide client-focused
team. It has more than $20 trillion in assets under custody and
administration, more than $1.1 trillion in assets under management and
services $11 trillion in outstanding debt. Additional information is
available at bnymellon.com. 
Edited by:
Erin Kello
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