Pershing vs. NFS

Jan 11, 2009 4:44 pm

Any thoughts - pros or cons of Pershing and/or NFS clearing firms. Now that Merrill has bought BofA and Wachovia is at Wells Fargo.

I suspect NFS is losing two of its best clients BofA and Wells Fargo, any word on how that is going to affect NFS?

Jan 11, 2009 4:53 pm

NFS sucks. Pershing is tolerable.

Jan 12, 2009 3:13 pm

I use pershing, have never had experience with NFS.. however the Pershing system needs to be updated...

I would like to try Mesirow, but my B/D doesn't offer it.

DeanWitter