Pershing is the leading provider of global financial business solutions, used by more customers than any other firm. They serve more than 1,150 institutional, high-net-worth, and retail financial organizations and independent registered investment advisors. Collectively, Pershing customers represent over five million investors and $873 billion in assets serviced. Pershing also provides clearing services for 138 non-FINRA-registered broker-dealers and more than 300 firms located around the globe, in the Asia-Pacific region, Europe, the Middle East, Canada, and throughout Latin America and the Caribbean.
Pershing LLC is a subsidiary of The Bank of New York Mellon Corporation. Founded in 1939 and purchased by The Bank of New York in 2003, Pershing retains its brand identity, proven track record, and strong corporate culture. The Bank of New York Mellon Corporation was formed in July 2007 by the merger of The Bank of New York Company, Inc. and Mellon Corporation, creating a global financial services company operating in 34 countries and serving more than 100 markets. Today, The Bank of New York Mellon is a leading provider of financial services for institutions, corporations, and high-net-worth individuals. It provides superior asset management, wealth management, asset servicing, issuer services, and treasury services through a team of more than 40,000 professionals worldwide. The Bank has $19.5 trillion in assets under custody and administration and $881 billion in assets under management.