Overview

Automatically open Pershing custodial accounts and sync client information.

What you need

• An active Feathery account and form

Background

Pershing is a financial services company that provides brokerage and investment advisory services. It acts as a custodian for financial assets, offering clearing, operational, trading, and custodial support for broker-dealers and registered investment advisors (RIAs). Pershing's platform is designed to help financial professionals manage client accounts efficiently, access a wide range of investments, and leverage integrated technology solutions for better portfolio management and client engagement.

Custodial account openings on platforms like Pershing allow wealth managers and advisors to open investment accounts for clients. These accounts are managed by the custodian to save for the client's future expenses, like retirement or other significant life events, while potentially growing the investments over time.

Benefits

Using Pershing offers benefits such as access to a wide range of financial services and products, robust trading and investment platforms, and comprehensive support for broker-dealers and registered investment advisors. Their platform can enhance operational efficiency, streamline compliance processes, and provide advanced technology solutions for managing investments and client portfolios.

Considerations

Before using Pershing, consider the specific needs of your brokerage or advisory business, including the types of services and investments you require. Evaluate Pershing's platform capabilities, fees, and the level of customization and support offered. Also, consider how Pershing's offerings align with your business model and client needs, ensuring that the partnership will enhance your operational efficiency and client satisfaction.