Broker Dealer & Clearing Firm
BNY Mellon’s Pershing
At at a glance...
To ensure that we are well equipped to serve your needs, we have established our clearing relationship with Pershing and have devoted significant energies and capital into becoming a paperless environment with our back office systems.
Clearing
Independent Financial Group, LLC, clears our brokerage business through Pershing LLC, a subsidiary of the Bank of New York. Pershing has been serving broker–dealers since 1939 and currently holds client assets in excess of $1.8 Trillion in global assets. Pershing is a strong force standing behind and working for Independent Financial Group.
Pershing continually enhances their menu of best-of-breed financial products and services including:
ProCash Plus: A comprehensive asset management account that combines all brokerage, checking, money market fund, and MasterCard debit card activity into one cohesive package, and consolidates the assets and transactions on a monthly statement.
Resource Checking: Enables our clients to access the assets in their brokerage accounts, including cash and all money fund shares, with this free checking service.
Systems
NetExchange Client: The cornerstone for offering brokerage services to clients online.
Albridge Solutions: We understand the value of time, so we’ve partnered with Albridge Solutions to offer you a convenient online system that automatically gathers, scrubs, and creates reports from client data collected from a variety of sources, generating up-to-date consolidated statements.