BNY Mellon's Pershing Advisor Solutions has been selected as a custody partner for Peter Raimondi's newly launched investment management firm, Dakota Wealth Management.
Pershing Advisor Solutions has powered Dakota advisors transition to their new platform.
Pershing was selected for its private banking, bank and brokerage custody capabilities.
Ben Harrison, managing director and head of new business development at BNY Mellon's Pershing Advisor Solutions, commented: "Our comprehensive and unique set of capabilities allows us to bring strategic value to firms like Dakota and provide them with long-term value as their businesses evolve and grow.”
He added: “To that end, we are thrilled to count an industry leader and a visionary such as Peter Raimondi among our clients and very much look forward to being an integral part of Dakota's success."
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