Broker-Dealer & Advisor Thought Leadership

The rescue of Bear Stearns and the collapse of Lehman Brothers have made institutional investors in hedge fund strategies rethink counterparty risk. Highlights from a conversation with Art Certosimo, Senior Executive Vice President, The Bank of New York Mellon.

Pershing offers a series of independent research studies designed to help financial advisors identify trends, enhance operations, and grow revenue. It represents Pershing's unique approach to practice management support — going beyond high-level guidance to offer actionable information, personalized consulting, and ready-to-execute programs.

What does operational efficiency look like? With this question in mind, this study investigates and characterizes the complex operational infrastructures of advisory firms. To request a hard copy of the full report, please e-mail us at marketing@pershing.com.

The investment advisor universe has traditionally been divided cleanly between broker-dealer-affiliated advisors and independent registered investment advisors, each representing a different business model. The distinction is no longer as clear. This study provides benchmarks and analyses based on the unique characteristics of dually-registered advisory firms and suggests how broker-dealers can better serve this market. To request a hard copy of the full report, please e-mail us at marketing@pershing.com.