BNY Mellon's Pershing enhances its retirement plan network

Pershing LLC, a BNY Mellon company, said it has added four third-party model providers to its retirement plan network, a platform that provides advisors with tools, solutions and technology to service their retirement plan business.

The model providers added to the platform include 3D Asset Management, Efficient Market Advisors, Morningstar Investment Services, Inc. and Wilshire Associates Incorporated.

The new model provider additions provide a diverse menu of goals-based and target-date models. Each manager was selected for its unique perspective on model construction and management.

In addition to providing professionally managed investment options, Pershing´s Retirement Plan Network features Retirement Model Manager for plan advisors who wish to manage their own investment options. Through this new manager, advisors can create and manage models– which they can deliver across recordkeepers and plans– without having to log into separate systems.

Pershing and its affiliates provide global financial business solutions to advisors, asset managers, broker-dealers, family offices, registered investment advisor firms and wealth managers. A financial services firm located in 23 offices worldwide, Pershing provides business-to-business solutions to clients representing 6 million active investor accounts on the US platform. Pershing affiliates are members of every major US securities exchange, and its international affiliates are members of the Deutsche Borse, Australian Stock Exchange, Irish Stock Exchange, London Stock Exchange and Toronto Stock Exchange.