JERSEY CITY, N.J., February 27, 2013 — Pershing Advisor Solutions, a BNY Mellon company, has been recognized as the Best Multi-family Office Service Provider at the Private Asset Management (PAM) 2013 Awards, hosted by Private Asset Management magazine. Selected by an independent panel of industry experts, the award honors outstanding achievement in four areas: financial progress over the course of the previous year, growth, client satisfaction and product innovation.

"We are proud to receive this recognition from Private Asset Management, which is a testament to our continued ability to innovate and serve the specialized needs of the multi-family office market," said Mark Tibergien, Chief Executive Officer of Pershing Advisor Solutions. "The multi-family office space is evolving rapidly, and we are committed to providing advisors with the high level guidance, technology solutions and personalized service to enable them to grow and effectively serve the full needs of their clients."

The third annual PAM Awards ceremony, held on February 12, 2013 in New York, recognized investment professionals and wealth advisors operating within the private asset management industry for their exceptional work with high-net-worth investors.

"Pershing has established itself as a force in the multi-family office space, and continues to offer superior service to advisors and their clients, even amid challenging market conditions," said Kristen Oliveri, Managing Editor, Private Asset Management magazine.

Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent approximately 5.5 million active investor accounts. Located in 23 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Borse, Australian Stock Exchange, Irish Stock Exchange, London Stock Exchange and Toronto Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at www.pershing.com.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of December 31, 2012, BNY Mellon had $26.7 trillion in assets under custody and administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.