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Pershing LLC

 
Hoover's Profile: Pershing LLC
Contact Information
Pershing LLC
1 Pershing Plaza
Jersey City, NJ 07399
NJ Tel. 201-413-2000
Fax 201-413-0934

Type: Subsidiary
On the web: http://www.pershing.com

Pershing marshals its forces in the service of securities clearing, execution, and settlement services to financial institutions and brokerages worldwide. The company deals in domestic and international equities, fixed-income products, and foreign exchange. It also performs compliance support, custody, and brokerage account reporting services, and provides managed account programs, cash management, retirement accounts and plans, access to mutual funds, and other products and services to brokerage firms and investment advisors. Pershing has more than $700 billion in assets held in custody. It operates about 20 offices around the globe and is a member of more than 60 exchanges.

Officers:
Chairman and CEO: Richard F. (Rich) Brueckner
President and COO: Brian T. Shea
Managing Director and CFO: Dennis Wallestad

Competitors:
DTCC
JPMorgan Securities Services
State Street

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