Pershing, a division of The Bank of New York, has added Putnam Investments to FundVest, its no-transaction-fee mutual platform of more than 1,800 funds from 160 providers.

“FundVest is widely acknowledged as one of the most comprehensive and premier no-transaction-fee mutual fund platforms in the industry,” said Jeff Aaron, senior vice president and senior relationship manager for Putnam Retail Management. “We are pleased to join FundVest and look forward to offering our funds to a broad array of advisers and investment professionals.”

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