Mutual funds from these financial organizations are now available to Pershing’s introducing broker/dealer customers, and to independent registered investment advisers (RIAs) through Pershing’s affiliate, Pershing Advisor Solutions.
FundVest offers investors access to more 3,000 mutual funds, managed by more than 200 fund companies, according to a news release from Pershing, a subsidiary of The Bank of New York Mellon Corporation. Through FundVest, investors can buy, sell, or exchange an array of load and no-load mutual funds without incurring regular transaction fees.