ATLANTA, May 4, 2016 /PRNewswire/ -- Invesco Ltd.
today announced that it will collaborate with Pershing to offer
Jemstep Advisor Pro, the firm's digital advisor-focused digital
solution, to Pershing's clients. Jemstep Advisor Pro will
enable registered investment advisors (RIAs) and broker-dealers on
the Pershing platform to seamlessly onboard prospects and
effectively service investors. It is expected to be available
on Pershing's NetX360® platform in the third
quarter of 2016.
Jemstep Advisor Pro unites market-leading technology,
world-class investment management capabilities and expert human
advice to deliver a comprehensive digital advice solution. That
combination results in a powerful way for advisors to engage with
clients by providing a flexible platform that makes it easy for
investors to access professional advice online through
advisor-selected, customized asset allocations.
"Pershing serves a wide range of investment firms including RIAs
and broker-dealers, and the Jemstep Advisor Pro platform offers the
capabilities to satisfy the needs across our spectrum of clients,"
said Jim Crowley, chief relationship
officer at Pershing. "Jemstep Advisor Pro is distinct in that it
combines Invesco's leading world-class investment capabilities with
best-in-class digital technology to enhance the financial
experience for advisors and end investors."
Jemstep Advisor Pro is open architecture which allows investors
to access a variety of professionally selected investment options
across mutual funds and ETFs. Unlike peer tools that focus on
market-cap-weighted indexing, Jemstep Advisor Pro also gives home
offices new and differentiated insights to help track advisor
progress, view client data in aggregate, enhance portfolio
management offerings and services, manage risk, and an opportunity
to broaden their client reach to address intergenerational
needs.
"We believe investors are best served by partnering with a
financial advisor to reach their unique investment goals," said
Simon Roy, President of Jemstep.
"Jemstep's availability on the Pershing platform offers a digital
complement to the traditional method of investment advice and an
efficient means to access Pershing's Managed Investment and
Lockwood Advisors TAMP facilities. Pershing is committed to
providing its network of advisors with access to the services
needed to grow their businesses and we believe that Jemstep Advisor
Pro will help them expand their business, as well as provide
objective advice to their clients."
About Jemstep
Jemstep is a market-leading provider of
financial advisor-focused digital advice solutions. Established in
2008, it was one of the first digital platforms to focus on helping
advisors deliver professional advice to their clients online. The
Jemstep Advisor Pro platform helps advisors scale their business
efficiently by providing a full suite of highly flexible technology
solutions that can be easily integrated into existing systems and
business models. Invesco acquired Jemstep in January 2016.
About Invesco
Invesco Ltd. is a leading independent
global investment management firm, dedicated to helping investors
worldwide achieve their financial objectives. By delivering the
combined power of our distinctive investment management
capabilities, Invesco provides a wide range of investment
strategies and vehicles to our clients around the world. Operating
in more than 20 countries, the firm is listed on the New York Stock
Exchange under the symbol IVZ. Additional information is available
at www.invesco.com.
About Pershing
Pershing and its affiliates provide
global financial business solutions to advisors, asset managers,
broker-dealers, family offices, registered investment advisor firms
and wealth managers. A financial services firm located in 23
offices worldwide, Pershing provides business-to-business solutions
to clients representing 6 million active investor accounts on the
U.S. platform. Pershing affiliates are members of every major U.S.
securities exchange, and its international affiliates are members
of the Deutsche Börse, Australian Stock Exchange, Irish Stock
Exchange, London Stock Exchange and Toronto Stock Exchange.
Pershing LLC (member FINRA/NYSE/SIPC) is a BNY Mellon company.
Additional information is available on pershing.com, or follow
us on Twitter @Pershing.
Logo -
http://photos.prnewswire.com/prnh/20110131/MM39469LOGO-b
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/jemstep-added-to-pershings-platform-to-offer-digital-solution-300263106.html
SOURCE Invesco Ltd.