Pershing Is Looking to RIAs For Next Phase of Its Growth

Garmhausen, Steve
October 2007
American Banker;10/5/2007, Vol. 172 Issue 193, p7
Trade Publication
The article reports on plans by custody and clearing firm Pershing LLC to expand its registered investment adviser support business, citing the opportunities in the fee-based advice sector. The company anticipates continuing growth since its acquisition by Bank of New York Co. Inc., which added Pershing to New York Mellon Corp.


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