The Bank of New York Mellon's Pershing Unit Expands Separately Managed Account Solutions for Independent RIAs

Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation (NYSE: BK), announced today that it has expanded its suite of managed account solutions for independent registered investment advisors (RIAs) and advisors in transition. These new capabilities provide advisors with access to a diverse list of industry-leading money managers and a broad spectrum of managed account tools and services to help them better serve their clients.

Pershing's expanded separately managed account platform provides RIAs and advisors in transition with a broader array of existing money managers to choose from and the flexibility to add new money managers to accommodate their businesses...

PR Newswire: The Bank of New York Mellon's Pershing Unit Expands Separately Managed Account Solutions for Independent Registered Investment Advisors