JERSEY CITY, N.J., June 20, 2011 — Pershing LLC, a BNY Mellon company, announced today that it has added more than 20 new providers to its ValueAlliance® program. ValueAlliance offers Pershing's introducing broker-dealer, independent registered investment advisor (RIA) and hedge fund customers preferred pricing and access to solutions from a network of third-party firms and consultants.
ValueAlliance program providers represent a broad range of services and solutions to address firm challenges pertaining to human capital, long-term succession planning, marketing, compliance, insurance services, finance and mergers and acquisitions.
"The ValueAlliance program complements Pershing's practice management program, and this expanded network of providers enhances our customers' access to solutions, tools and resources that can drive growth," said Caroline O'Connell, managing director of global marketing, planning and product solutions at Pershing LLC. "In an industry that is becoming increasingly complex, firm principals and management need access to leading providers they can rely on for sound guidance and effective solutions."
Designed to help firms drive growth, optimize human capital, maximize operational efficiency and manage risk, the ValueAlliance program now totals 66 providers; including the following new additions:
Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent approximately five million active investors. Located in 21 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Borse, the Irish Stock Exchange and the London Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at www.pershing.com.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com.