"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 Pershings mutual fund supermarket," said Brian T. Shea, chief operating officer of Pershing.
"As we expand our third-party distribution efforts, we are pleased to partner with such a premier firm as Pershing," said Daniel J. Dart, chief operating officer for Merrill Lynchs third-party retail business.