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The Markets November 9, 2010
Pershing Expands its Mutual Fund Platform
Janus Funds and Pacific Life Funds will now be a part of FundVest, Pershing's no-transaction-fee mutual fund platform.
Reported by PLANADVISER staff
Mutual funds from Janus and Pacific Life are now available to Pershing’s broker/dealer customers and their clients, and to independent registered investment advisers (RIAs) and their clients through Pershing’s affiliate, Pershing Advisor Solutions LLC.
FundVest offers investors access to more than 3,700 mutual funds, managed by more than 230 fund companies. Through FundVest, investors can buy, sell or exchange an array of load and no-load mutual funds through their financial intermediary without incurring regular transaction fees.