Pershing names Hardwick COO as Dolly steps into CEO role

Pershing names Hardwick COO as Dolly steps into CEO role
Lori Hardwick is joining from Envestnet and will start at the end of the month.
FEB 04, 2016
Pershing has named Lori Hardwick chief operating officer of the Bank of New York Mellon Corp.-owned brokerage and custody services business. Ms. Hardwick is joining Pershing from Envestnet Inc., a wealth management technology company, and will begin her new role on Feb. 29, according to a company statement Tuesday. She's replacing Lisa Dolly, who last week was appointed Jersey City, N.J.-based Pershing's chief executive officer. Ms. Hardwick worked for Evestnet for almost 16 years, most recently as president of advisory services for the Chicago-based company, overseeing enterprise relationship management, sales and strategic partnerships, according to the statement. Before that, she was a regional vice president at Nuveen Investments, where she worked with independent advisers in 10 Midwestern states. (More: Hardwick: Women need support at work and at home in order to succeed)

Latest News

SEC fines Zoe Financial $450K over undisclosed referral conflict
SEC fines Zoe Financial $450K over undisclosed referral conflict

Salespeople at the firm often went beyond the matching algorithm to recommend network advisors on its Zoe Wealth platform, according to the regulator.

Senate vote on NIL bill could reshape college athletes' paydays
Senate vote on NIL bill could reshape college athletes' paydays

The Protect College Sports Act would cap school payments and codify NIL rights, with implications for advisors guiding young athletes.

'I'm done': Pandemic memories push business owners toward the exit
'I'm done': Pandemic memories push business owners toward the exit

"I know the number that I want to be able to retire on, and now I just want out," says Wilmington Trust's Marguerite Weese, describing a common refrain among business-owner clients.

Northern Trust bulks up family office team with New York hires
Northern Trust bulks up family office team with New York hires

Bessemer and Brown Brothers Harriman veteran Robert Ludricks III and private markets specialist Olof Akesson join the ultra-high-net-worth push on the East Coast.

SEC accuses trucking operator of running $127 million Ponzi scheme
SEC accuses trucking operator of running $127 million Ponzi scheme

765 investors were promised 260% annual returns on truck leases

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

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains