Ayco is likely to focus on larger RIAs that can work with C-suite executives, while BNY Pershing may be more suited to ...

Bill Ackman's Pershing Square has made about $5 billion in profits from a pair of shrewd hedges. It pocketed $2.6 billion during the pandemic crash, and has made $2.3 billion betting on rate hikes.

The ongoing BNY Mellon | Pershing INSITE conference in Orlando, Florida, is playing host to a major debut for the firm as it formally enters the wealthtech platform race. Pershing X, a technology ...

BNY Pershing’s plans to create a new charge on client cash held in accounts of RIAs that custody with Pershing and broker-dealers that use it for clearing are taking shape, with senior industry ...

The Pershing Square Foundation today announced the 2026 Lotus Award (formerly the Ovarian Cancer Challenge Grant), a competitive funding program to accelerate breakthrough research in ovarian cancer.

BNY Pershing, the giant clearing and custody firm, is gingerly introducing new fees based on assets to its registered investment advisor clients, including a charge on customers’ cash held in accounts ...

BNY Mellon Pershing announced Thursday that it plans to acquire Optimal Asset Management, a step into the world of direct indexing that signals the firm’s intentions with its new technology business ...

BNY Mellon’s Pershing X announced partnerships with Salesforce, PureFacts and Pontera to provide more functionality for advisors on its new wealth management platform, Wove. The announcement Wednesday ...

Pershing Square has a solid track record of delivering returns that have averaged 15.7% per year, after fees since the fund's launch in 2004. With 26% insider ownership, management has a significant ...