Pershing has added ING Fund Services, LLC to FundVest, the broker-dealers no-transaction-fee mutual fund platform.
Mutual funds from ING Fund Services are now available to Pershing’s introducing broker-dealer customers and the clients they serve, and to independent registered investment advisors and their clients through Pershing’s affiliate, Pershing Advisor Solutions LLC.
“The addition of ING Funds to our platform demonstrates our continued commitment to expanding our no-transaction fee mutual fund platform and 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, says Sandy Motusesky, director of investment solutions in the product management and development group at Pershing.
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.