The Bank of New York Mellon's Pershing Unit Launches Innovative Program to Help Introducing Broker-Dealers Attract and Retain To
August 13 2007 - 9:00AM
PR Newswire (US)
JERSEY CITY, N.J., Aug. 13 /PRNewswire-FirstCall/ -- Pershing LLC,
a unit of The Bank of New York Mellon, has launched Talent
Connect(SM), a new program designed to offer broker-dealer
customers and their investment professionals innovative solutions
and best practices for attracting and retaining top talent. Talent
Connect is a component of Ideas Without Limits(SM), a comprehensive
practice management program for broker-dealers and their investment
professionals. Talent Connect provides valuable research, insights
into trends shaping the recruiting market, workshops led by
industry-leading consultants and a wide range of tools for
attracting top talent, such as podcasts, white papers and marketing
support. It is being launched in connection with a new independent
study commissioned by Pershing and independently executed by Moss
Adams LLP entitled The Race for Top Talent. The study will seek to
uncover motivations behind investment professionals' loyalty and
will provide home office executives and recruitment managers with
best practices for attracting and retaining investment
professionals and expanding their advisor network. Findings from
the report will be released in the third quarter of 2007. Larry
Gekiere, a Pershing client and divisional director of advisor
recruitment at Lincoln Financial Advisors/Sagemark Consulting,
said, "At Lincoln Financial Network, we are always looking for ways
to expand our recruitment footprint. Pershing's marketing
consultants have played an integral role in helping us develop our
strategy to enter the institutional market and position Lincoln
Financial Advisors' go-to-market strategy. We believe this level of
interaction and Pershing's breadth of experience across all markets
will be instrumental in helping Lincoln Financial Network expand
our recruitment program." James T. Crowley, managing director at
Pershing, said, "Broker-dealers and their investment professionals
are continually looking for ways by which they can differentiate
themselves and enhance their competitive positioning. Our
comprehensive suite of practice management solutions will help
provide broker- dealers and their investment professionals with the
tools and support they need to grow their businesses." Ideas
Without Limits provides Pershing's broker-dealer customers and
their investment professionals with a broad array of business and
practice management solutions to help them maximize the growth and
profitability of their businesses. It offers a wide range of
solutions ranging from marketing and business consulting, to
exclusive roundtables, events and educational tools. Through the
program, Pershing distributes valuable information to help
customers analyze their business challenges, interpret implications
and develop customized solutions leveraging experts from both
Pershing and industry-leading consulting firms. Pershing's
affiliate, Pershing Advisor Solutions LLC, recently launched the
Ideas Without Limits program for independent registered investment
advisors. To learn more about Ideas Without Limits or Talent
Connect, please e-mail Pershing LLC at . Pershing LLC is a leading
global provider of financial business solutions to more than 1,150
institutional and retail financial organizations and independent
registered investment advisors who collectively represent over five
million active investors. Financial organizations, investment
professionals and independent registered investment advisors depend
on Pershing's depth of experience and consultative approach to
provide them with forward-thinking solutions that help them to grow
their businesses. Located in 19 offices worldwide, Pershing is
committed to service excellence and to providing dependable
operational support, robust trading services, flexible technology,
an expansive array of investment solutions and practice management
support. Pershing (member NASD/NYSE/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 Mellon Corporation. Additional information is available at
http://www.pershing.com/. Pershing Advisor Solutions LLC (member
NASD/SIPC) is an affiliate of Pershing LLC and a leading provider
of financial business solutions to independent, fee-based
registered investment advisors and dually-registered advisors
working in conjunction with many of Pershing LLC's introducing
broker-dealer customers. Through an innovative custody platform,
Pershing Advisor Solutions delivers superior expertise and scalable
and customizable solutions to help its customers manage and grow
their fee-based businesses. Additional information is available at
http://www.pershingadvisorsolutions.com/. The Bank of New York
Mellon Corporation is a global financial services company focused
on helping clients manage and move their financial assets,
operating in 37 countries and serving more than 100 markets. The
company is a leading provider of financial services for
institutions, corporations and high-net-worth individuals,
providing superior asset management and wealth management, asset
servicing, issuer services and treasury services through a
worldwide client-focused team. It has more than $20 trillion in
assets under custody and administration and more than $1 trillion
in assets under management. Additional information is available at
http://www.bnymellon.com/. DATASOURCE: The Bank of New York Mellon
Corporation CONTACT: Barbara Gallo, +1-201-413-2930, , for The Bank
of New York Mellon Corporation Web site: http://www.bnymellon.com/
http://www.pershing.com/ http://www.pershingadvisorsolutions.com/
Copyright