Custodian
BNY Pershing
One report says that BNY Pershing stepped into custody for tax-aware long/short accounts after the Fidelity and Schwab limits.
- Their fee
- Charged by your advisor
- Minimum
- Not disclosed
- Onboarding
- Not disclosed
- Status
- Unknown
Not disclosed.
I found no Pershing terms or announcement.
Advisor-held accounts.
Products they offer
Tax-aware long/short
| Product | Product fee | All-in fee |
|---|---|---|
| Tax-aware long/short SMA custody (managers not named)Single source. | Not disclosed | Not disclosed |
Sources
Checked 2026-10. Confidence: low.