Pershing LLC, a subsidiary of the Bank Of New York Mellon. Traces its roots to 1784 when the Bank of New York was founded by Alexander Hamilton.

With a state-of-the-art technology, a highly reliable and scalable infrastructure, and an ongoing list of innovative products -Pershing LLC provides an innovative global custody platform that includes online multi-currency reporting, portfolio accounting, corporate actions servicing and proxy services.

Pershing LLC, a subsidiary of the Bank Of New York Mellon, is the industry’s largest clearing provider, with a track record of more than 70 years. Its parent, BNY Mellon, is the oldest continuously operating financial organization in the United States, and the largest custodian in the world with $37.1 trillion in assets under custody and/or administration (as of December 31, 2019).

Pershing at a glance Document

Fidelity Institutional Wealth Services is a leading provider of trading, custody and brokerage services to RIA, Trust Institutions and Third-Party Administrators.

Fidelity Institutional Wealth Services is able to leverage the capital, resources and expertise of the entire Fidelity enterprise, one of the world’s largest financial services companies, on behalf of its clients. With more than 60 years, Fidelity has more than of $8.3T assets under administration (As of December 31, 2019), making it one of the strongest financial firms in the custody business today.

Fidelity by numbers Document