The Bank of New York Mellon's Pershing Unit Names Mark Tibergien Chief Executive Officer of Pershing Advisor Solutions LLC
September 06 2007 - 10:30AM
PR Newswire (US)
JERSEY CITY, N.J., Sept. 6 /PRNewswire-FirstCall/ -- Pershing LLC,
a subsidiary of The Bank of New York Mellon, announced today that
Mark Tibergien has joined Pershing Advisor Solutions LLC as chief
executive officer and a member of Pershing LLC's Executive
Committee. Mr. Tibergien will report to Richard Brueckner and Brian
Shea, Pershing LLC's chairman and chief executive officer and
president and chief operating officer respectively. The addition of
Mr. Tibergien will further strengthen Pershing Advisor Solutions'
management team and will enhance its ability to deliver market-
leading solutions to the rapidly growing registered investment
advisor (RIA) marketplace. Mr. Tibergien is a nationally recognized
expert and consultant on management issues within the financial
services industry. Prior to joining Pershing, he was a principal at
the accounting and consulting firm, Moss Adams LLP, where he was
partner-in-charge of the Business Consulting Group, chairman of the
Financial Services Industry Group and partner-in-charge of the
Business Valuation Group. Mr. Tibergien has been working with
public and private companies on matters related to business
management, transition planning and strategy formulation since
1973. He is the co-author of Practice Made Perfect and How to
Value, Buy, or Sell a Financial Advisory Practice, both published
by Bloomberg Press. Mr. Tibergien has worked closely with hundreds
of independent RIAs, broker-dealers, investment managers, insurance
companies, and other financial services organizations in the United
States, Australia and Canada. For the past eight years, Accounting
Today has recognized Mr. Tibergien among the "100 Most Influential"
in the accounting profession. In 2003, Financial Planning magazine
recognized him as a "Mover & Shaker" in their annual review of
industry professionals, and for the fifth time in 2007, Investment
Advisor magazine recognized him among the "25 Most Influential" in
the financial services industry. Richard F. Brueckner, chairman and
chief executive officer of Pershing LLC, said, "Mark is a renowned
expert in his field, and his knowledge and broad range of
experience will help us to take further advantage of the
significant opportunities in the RIA marketplace. His expertise
will guide us as we continue to deliver innovative products,
services, practice management support and technology solutions to
meet the complex needs of this important market segment." 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
FINRA/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
FINRA/SIPC) is an affiliate of Pershing LLC 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 of Pershing, +1-201-413-2930,
Web site: http://www.bnymellon.com/ http://www.pershing.com/
http://www.pershingadvisorsolutions.com/
Copyright