The Bank of New York Company, Inc.'s Pershing Unit Adds William Blair Funds to FundVest®
JERSEY CITY, N.J., August 9, 2006 -- Pershing LLC, a subsidiary of The Bank of New York Company, Inc., has added William Blair Funds to FundVest®, Pershing's no-transaction-fee mutual fund program.
Pershing's FundVest mutual fund program offers investors access to over 1,700 mutual funds, managed by nearly 150 fund companies. Through FundVest, investors can buy, sell or exchange an array of load and no-load mutual funds without incurring regular transaction fees.
Heather Gardner, national account manager at William Blair & Company, said, "Pershing's FundVest program is widely acknowledged as one of the premier no-transaction-fee mutual fund programs in the industry. We are excited to join FundVest and look forward to the services and solutions it offers."
Ron Fiske, managing director at Pershing, said, "The addition of William Blair Funds to our FundVest program further reinforces our commitment to providing our customers with best-of-breed products, services and solutions that will assist them in enhancing their product offerings and competitive positioning."
William Blair & Company, L.L.C. is an independent investment firm based in Chicago offering investment banking, asset management, equity research, institutional and private brokerage, and private capital to individual, institutional, and issuing clients. As of
Pershing LLC is a leading global provider of clearing and financial services outsourcing solutions to more than 1,100 institutional and retail financial organizations and independent investment advisors who collectively represent nearly six million individual investors. Located in 18 offices worldwide, Pershing provides customers with innovative technology solutions and a wide range of value-added products and services, including asset-gathering products and managed account services, extensive trading and financing capabilities, and web site development. Pershing LLC (member NYSE/NASD/SIPC) is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Borse, the Irish Stock Exchange and the London Stock Exchange. Pershing LLC is a subsidiary of The Bank of New York Company, Inc. Additional information is available at www.pershing.com.
The Bank of New York Company, Inc. (NYSE: BK - News) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and private banking. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com.
| « Back to Press Releases | « Previous Next » |
