Pershing and Merrill Lynch announced Monday that Pershing will make Merrill’s family of 70 mutual funds funds available on its supermarket, reaching 4.7 million investors through 850 broker/dealers.

"Merrill Lynch is a highly respected financial services organization, and we are excited to be able to offer our customers and their clients access to the Merrill Lynch Investment Managers mutual funds through Pershing’s mutual fund supermarket," said Brian T. Shea, chief operating officer of Pershing.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.