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

Pershing marshals its forces in the service of securities clearing, execution, and settlement for broker/dealers and registered investment advisors. The company deals in domestic and international equities, fixed-income products, options, annuities, and foreign exchange. It is a member of more than 65 exchanges around the globe. Additional services include compliance support, custody, brokerage account reporting, and prime brokerage services. Pershing also provides operational support to more than 100,000 independent investment advisors that enable them to supply mutual funds, retirement planning, managed accounts, and other investment products and services to their clients.

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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