Pershing Adds Five Recordkeepers to Retirement Plan Network

The new additions expand the geographic presence of the platform.

Pershing LLC, a BNY Mellon company, has added five new recordkeepers to its Retirement Plan Network.

The new additions expand the geographic presence of the platform, furthering Pershing’s ability to address the needs of plan advisers across the country. Pershing says it selected the new recordkeepers due to their strong focus on open-architecture, fee transparency, and fiduciary and practice management capabilities.

The additions include:

  • EPIC Advisors – Rochester, New York;
  • North American KTRADE Alliance, LLC (KTRADE) – Plymouth, Indiana;
  • Oriental Pension Consultants – Boca Raton, Florida;
  • PenSys, Inc – Roseville, California; and
  • Spectrum Pension Consultants – Tacoma, Washington.

“We are committed to effectively serving the needs of advisers who sell and service retirement plans, so that they can serve their clients efficiently,” says Marc Caras, head of Pershing’s Retirement Plan Network. “Our team is continuously working to address the needs of advisers and their plan sponsor clients. We expect to continue expanding the network over the next year to include additional recordkeepers, while maintaining strict criteria as our network reaches maturity.”

The new recordkeepers join existing firms on the platform including: 401kDIRECT, Allen Gibbs & Houlik, Aspire Financial Services, Benefit Consultants Group, July Business Services, Sentinel Benefits, and Summit Benefit Solutions. The Retirement Plan Network serves as a hub that provides advisers access to open-architecture solutions that integrate plan recordkeepers, custody, and adviser tools. NetX360 serves as the single point of entry for both retirement plan and individual account servicing.

For more information, visit