BNY Pershing, Goldman’s Ayco Start Client Referral Programs

Ayco is likely to focus on larger RIAs that can work with C-suite executives, while BNY Pershing may be more suited to ...
Financial Planning

BNY Mellon's Pershing X unveils wealth management platform with a number of partnerships: Wealthtech Weekly

The ongoing BNY Mellon | Pershing INSITE conference in Orlando, Florida, is playing host to a major debut for the firm as it formally enters the wealthtech platform race. Pershing X, a technology ...
InvestmentNews

BNY Pershing selective in rolling out new fees to RIA clients

BNY Pershing, the giant clearing and custody firm, is gingerly introducing new fees based on assets to its registered investment advisor clients, including a charge on customers’ cash held in accounts ...
InvestmentNews

Pershing lures custody business with latest turnkey offering

BNY Mellon’s Pershing is stepping up its custody game with what effectively amounts to a turnkey back-office and front-office offering for registered investment advisers. The new Pershing X business ...
Financial Planning

Pershing’s step into direct indexing reveals more about the custodian’s technology vision

BNY Mellon Pershing announced Thursday that it plans to acquire Optimal Asset Management, a step into the world of direct indexing that signals the firm’s intentions with its new technology business ...