Pershing LLC

Have you ever wondered what happens to your funds once you’ve decided to make an investment? Your brokerage account assets are not held at my firm, nor are they held at Osaic Wealth, Inc. They are held at a clearing firm, a separate and independent entity. Osaic Wealth works with Pershing LLC (Member, FINRA, NYSE, and SIPC), a subsidiary of The Bank of New York Mellon Corporation, the nation’s oldest continuously operating bank. Pershing is a leading provider of global financial services to institutions, corporations, and high-net-worth individuals, and custodies $1.7 trillion in global client assets.*

Pershing handles confirmation, delivery and settlement of your financial transactions. Additionally, it prepares and sends you periodic account statements and transaction confirmations. It also employs technology and procedures designed to ensure that transactions are processed in a timely and efficient manner. Pershing is regulated by the SEC and FINRA, the regulatory bodies that also oversee broker-dealers.