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 ...
InvestmentNews

BNY Pershing’s new cash sweep charge to hit RIAs first

BNY Pershing’s plans to create a new charge on client cash held in accounts of RIAs that custody with Pershing and broker-dealers that use it for clearing are taking shape, with senior industry ...
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 ...
WealthManagement.com

Pershing X Knitting More Services Into New Wove Platform

BNY Mellon’s Pershing X announced partnerships with Salesforce, PureFacts and Pontera to provide more functionality for advisors on its new wealth management platform, Wove. The announcement Wednesday ...
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 ...