The new connection will allow hedge fund clients to transfer securities directly from BNY Mellon to Pershing, where they can be made available to be borrowed by Pershing, as well as see the earning ...

Integrity will use the firm's new Wove wealth management platform to help its network of wealth management professionals manage more than $40 billion of assets. NEW YORK, Oct. 4, 2023 /PRNewswire/ -- ...

Financial advisors can open a new avenue for growth by developing an expertise in helping small business owners and entrepreneurs, says Pershing LLC. Because many small business owners have special ...

Pershing LLC, a BNY Mellon company, has selected SunGard to provide market connectivity to its newest international broker-dealer in Canada. SunGard’s SaaS-based Valdi Market Access will help Pershing ...

When it comes to rapid growth of registered investment advisory firms, broker-dealers must either “feed the monster that will eat them” or find a way to accommodate their brokers' advisory business, ...

Ashton Thomas Securities, a hybrid broker-dealer of Ashton Thomas Private Wealth whose advisors manage over $5B in client assets, will use Pershing's clearing and custody services, as well as BNY ...

Pershing spokesman Michael Geller declined to comment. The push into servicing RIAs, by offering Mr. Tibergien's unit to hold their assets and by helping existing broker-dealers set up their own ...

Dec 29 (Reuters) - Pershing LLC must pay a $3 million civil fine for violating a securities industry rule that requires the firm to protect customers' funds and securities from misuse by brokerages, ...

BOSTON (Reuters) - Pershing LLC, a clearing and custody firm that handled the bulk of Stanford Group Co's accounts, said on Thursday it is ready to release hundreds of millions of dollars in frozen ...