FundVest adds Calamos to fund platform

Pershing has added Calamos Asset Management to its FundVest no-transaction-fee mutual fund platform.
OCT 31, 2007
Pershing LLC has added Calamos Asset Management Inc. to its FundVest no-transaction-fee mutual fund platform. Mutual funds from Calamos Investments are 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 LLC. Pershing's FundVest mutual fund platform contains 2,200 mutual funds, managed by more than 170 fund companies. Calamos, which is based in Naperville, Ill., offers equity, fixed-income, convertible and alternative investment strategies. Calamos managed $46.7 billion in assets as of Sept. 30. Pershing LLC, a Jersey City, N.J.-based subsidiary of The Bank of New York Mellon Corp., is a provider of financial business solutions to more than 1,150 institutional and retail financial organizations and independent registered investment advisers. The Bank of New York Mellon Corp. has more than $20 trillion in assets under custody and administration.

Latest News

Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools
Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools

First Trust models, Schwab-linked data tools and Orion transition tech headline a busy week for RIA wealthtech

Two LPL executives jump to competitors as 2026 comes to a close
Two LPL executives jump to competitors as 2026 comes to a close

The change in senior personnel occurs days after LPL Financial tapped a new head of recruiting.

Osaic names new CMO and Empowered Independence head
Osaic names new CMO and Empowered Independence head

Former PulteGroup and Citizens executives join the broker-dealer network after a year of senior leadership departures

RIA moves: Prospera lands $600M Cornerstone team in Rochester
RIA moves: Prospera lands $600M Cornerstone team in Rochester

Independent RIA Concurrent adds over $1B across six moves, while OnePoint BFG opens West Palm Beach with a $240M team

Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse
Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse

The mega-RIA keeps absorbing independent fiduciary firms as Cerulli data shows the fee-only segment losing asset share

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor