Pershing Expands RIA Manager Menu

The new suite of solutions is sponsored by Pershing affiliate, Lockwood Advisors, Inc. and is a component of Pershing Managed Account Solutions, which encompasses all of the fee-based advisory services provided through the Pershing platform. They are available to RIAs and advisors in transition who are associated Pershing LLC clients. (Pershing LLC is a subsidiary of The Bank of New York Mellon Corp.)

Said Jim Seuffert, chief executive officer of Pershing Managed Account Solutions, "It is critical that [RIAs and advisors in transition] have access to tools and services that enable them to provide their clients with best-of-breed managed account solutions to help them achieve their financial goals.

"With Lockwood serving as program sponsor, our platform offers advisors a wide range of best-in-class money managers, the convenience of a bundled fee structure and a comprehensive set of support services, which are designed to help them grow their businesses," Seuffert added.

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