Law

Mayle v. Pershing LLC

Morgan & Morgan filed a lawsuit Wednesday in Florida Middle District Court against Bank of New York Mellon over alleged employment discrimination. Th case was filed on behalf of Terri Mayle. Counsel ...
Business Wire

CAIS and BNY Mellon’s Pershing Expand Collaboration to Provide Advisors Access to a Large Selection of Alts Funds with No Custody or Transaction Fees

NEW YORK--(BUSINESS WIRE)--CAIS, the leading alternative investment platform for independent financial advisors, today announced that it has expanded its relationship with BNY Mellon’s Pershing ...
Financial Advisor

Pershing Enables Advisors To Be More Digitally Dexterous

With digital capabilities becoming more de rigueur in the wealth management business, Pershing LLC has stepped up its game with the launch of a suite of technology options that provide financial ...
Financial Advisor

Pershing Advocates Growing Advisors' Business By Helping Small Business

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 ...
Institutional Investor

Pershing Improves AM Account Offering

Pershing LLC, a BNY Mellon Corp. company, has rolled out an enhanced asset management account that offers more flexibility and a greater ease of use. Pershing LLC, a BNY Mellon Corp. company, has ...
InvestmentNews

Pershing urges brokers to embrace RIA model

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 ...
ksn.com

BNY Mellon's Pershing X Unveils Its New Wove Wealth Management Platform

Wove is an industry-first platform that enables wealth advisors to seamlessly connect all the components of a client's financial picture in one place. "When building Wove, we went beyond just having ...
InvestmentNews

Pershing to buy broker-dealer clearing business from Jefferies

Investment bank Jefferies Group Inc. said Thursday that it's selling its broker-dealer clearing and custody business to Pershing LLC, a unit of Bank of New York Mellon Corp. Terms of the sale to ...
Reuters

Pershing to pay $3 mln for customer protection violations

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, ...
FOX8 Cleveland

BNY Mellon's Pershing Announces New Client Relationship with Ashton Thomas Securities, an Arax Investment Partners Firm

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 ...
Reuters

Bank of New York's Pershing reorganizes top management

NEW YORK (Reuters) - Former MetLife broker-dealer executive John Brett has joined Pershing LLC to run its managed investment business, the latest in a series of top management changes at Bank of New ...