Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Products June 2, 2009
Pershing Adds Three Fund Companies to FundVest
Pershing said it has added Neuberger Berman, The Hartford Mutual Funds, and T. Rowe Price to FundVest, Pershing's mutual fund platform.
Reported by Ellie Behling
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.