EMPOWERED THROUGH STRATEGIC PARTNERSHIPS
Choosing the right custodian for the protection of our clients’ assets is crucial. After extensive due diligence, Next Generation Wealth Management elected to work with several custodians, including:
Pershing, LLC, (a wholly owned subsidiary of The Bank of New York). The Bank of New York is the oldest bank in the United States and is a global leader in the securities industry.
Goldman Sachs is a leading provider of execution and clearing services to the institutional investment community. They provide cost effective and technologically advanced clearing solutions utilizing Straight Through Processing.
Schwab Institutional, a division of Charles Schwab & Co. Inc., allows our clients access to several hundred investment management firms across multiple account platforms. The Charles Schwab Corporation has approximately $1.2 trillion customer assets in custody (as of December 31, 2005).
Lockwood Advisors, Inc., a service of Pershing, LLC, provides clients an extensive platform for separately managed accounts. Through this arrangement with Lockwood, we can offer access to over 50 institutional asset managers.
Together, with many of our partners, Next Generation Wealth Management, Inc. reviews your portfolio managers’ performance as well as conducts periodic on-site visits to their offices.