Sanlam UK’s wealth management division has chosen BNY Mellon’s Pershing for custody, books and records services as well as outsourced trading services.
By selecting Pershing, Sanlam will be able to focus on working with its clients to achieve their financial goals.
Geoff Towers, CEO of Pershing, commented: “We are excited to have been appointed by Sanlam and to be part of supporting its growth aspirations. The wealth management industry is undergoing a transformation as firms seek to focus their time and attention on delivering best-in-class advice and service to their clients.”
He added: “This is driving greater collaboration across the industry, with wealth managers seeking trusted partners to help them grow their businesses. Our partnership with Sanlam Wealth UK is testament to this, and we expect this trend will gain further momentum.”
Jonathan Polin, CEO of Sanlam UK, said: “Pershing is a highly respected global leader in the provision of custody solutions and our decision to select them reflects our ambition to provide the very best service to our clients.”
