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Laxman Pai, Opalesque Asia:

A turnkey managed account solution designed to help advisors realize increased efficiencies and drive scale is now available to clients of BNY Mellon's Pershing Advisor Solutions.

The wrap program Managed360, first offered by BNY Mellon's Lockwood Advisors, is now available to registered investment advisors (RIA) via the Pershing Advisor Solutions brokerage platform, said a press release from the provider of business management, execution and financing and custody solutions.

The announcement comes on the heels of the introduction of ManagedConnect - a dual contract managed account offering- underscoring Pershing's commitment to supporting growth in RIA market.

Managed360 is a wrap program offered through BNY Mellon's Lockwood Advisors, Inc. (Lockwood), an affiliate of Pershing LLC. The program brings Lockwood's long history of expertise in managed accounts to Pershing Advisor Solutions clients.

"As investor attitudes and demands change, advisors are increasingly being challenged to define their unique value proposition and investor experience," says Gabriel Garcia, managing director and head of relationship management at BNY Mellon's Pershing Advisor Solutions.

Gabriel added: "In addressing these challenges, solutions that help advisors serve investors more effectively and efficiently are becoming all that more critical to the success and scalability of the business. By bringing Managed360 to our cl......................

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