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Rating:Which Niche Rings Pershing's Bell? Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, March 08, 2010

Which Niche Rings Pershing's Bell?

Reported by Armie Margaret Lee

Mitch Bell, a key contact for mutual fund firms seeking to get on Pershing's FundVest platform, has transitioned to another post within the firm, The MFWire has learned. The exact date of the change could not immediately be confirmed.

Mitch Bell
Pershing
FundVest -- Pershing's no-transaction-fee mutual fund platform -- now falls under the responsibilities of Natalie Wolfsen as part of her broader role as managing director of the product management and development group, Pershing spokeswoman Barbara Gallo told The MFWire.

Bell now serves as a relationship manager responsible for business development and based at Jersey City-headquartered Pershing's Lake Mary, Florida offices. (Jim Crowley serves as head of relationship management.)

Natalie Wolfsen
Pershing
Bell's previous title was director in Pershing's product management and development group.

It was not immediately clear when the change took place.

Since the spring of 2008, Bell had been quoted in Pershing's press releases about mutual funds becoming available through FundVest. The most recent press release issued by Pershing regarding additions to FundVest was on October 7, 2009. Bell was quoted in that release -- about the addition of Franklin Templeton and MFS funds to the platform -- as director in the product management and development group.

Bell has been with Pershing for 13 years.

Wolfsen joined Pershing last July from Schwab, where she led the equity product management and development group and was responsible for the Schwab ETF product development and delivery efforts.

As of last October, FundVest carried more than 3,000 mutual funds from more than 200 fund firms. 

Correction: A previous version of this story mischaracterized Mitch Bell's new role at Pershing. He is now a relationship manager responsible for business development.

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