Pershing, a BNY Mellon company, has added Janus Funds and Pacific Life Funds to FundVest, its no-transaction-fee mutual fund platform.
Mutual funds from these financial organisations are now available to Pershing’s introducing broker-dealer customers and the clients they serve, and to independent registered investment advisers and their clients through Pershing’s affiliate, Pershing Advisor Solutions.
FundVest offers investors access to over 3,700 mutual funds, managed by more than 230 fund companies. Through FundVest, investors can buy, sell or exchange an array of load and no-load mutual funds through their financial intermediary without incurring regular transaction fees.
Sandy Motusesky, director of investment solutions in the product management and development group at Pershing, says: "Janus Funds and Pacific Life Funds are among the most highly regarded mutual fund companies in the US. The addition of these premier fund companies to our platform demonstrates our continued commitment to provide our customers with access to a wide range of market-leading solutions from high caliber financial institutions that will help them grow their businesses and assist their clients in achieving their financial goals."
