The addition enables the Pershing to offer mutual funds from ING Fund Services to its introducing broker-dealer customers and the clients they serve, and to independent registered investment advisors and their clients through Pershing’s affiliate, Pershing Advisor Solutions.
FundVest provides investors access to more than 3,700 mutual funds, managed by over 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.
Pershing director of investment solutions in the product management and development group Sandy Motusesky said that the addition of ING Funds to the platform provide customers with access to a wide range of market-leading solutions from high caliber financial institutions that will help them grow their businesses and assist their clients in achieving their financial goals.
Pershing is a provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent approximately five million active investors.
Located in 21 offices worldwide, Pershing and its affiliates deliver operational support, trading services, flexible technology, an array of investment solutions, practice management support and service excellence.
