Pershing to distribute MorningStar mutual fund analytics

Source: Pershing LLC

Pershing LLC, will provide its introducing broker-dealer customers with access to Morningstar Fund Analytics through its NetExchange Pro(R) online brokerage platform.

Investment professionals using NetExchange Pro(R) will now be able to access Morningstar's custom set of mutual fund analytical tools, including:

  • Morningstar Fund Research, which provides instant access to comprehensive fund information; screening tools for the 16,500 mutual fund share classes in Morningstar's database, including underlying holdings data; fund analyst reports; and profile pages that are designed to be NASD-compliant for client use.
  • Morningstar's popular fund commentaries, such as Fund Spy, Fund Times, Fund Analyst Update, Bond Squad, and Fund Analyst Picks, which provide updates on the latest developments in the changing mutual fund industry.
  • Morningstar Fund Hypotheticals, which enable investment professionals to illustrate investment scenarios, such as initial and systematic investments/withdrawals, custom fees, and rebalancing, for their clients.

    John Colao, managing director at Pershing, said, "Morningstar's sophisticated tools will allow the more than 70,000 investment professionals who use NetExchange Pro(R) to help their clients make informed mutual fund investment decisions. We will continue to expand our online platform to deliver industry-leading solutions that enable our customers to help their clients meet their investment goals and objectives."
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