Bank of New York Co. Inc.'s Pershing LLC said its broker-dealer customers now have access to RiverSource Annuities' products through the Subscribe annuity platform.
Variable and fixed RiverSource annuities can be viewed on Pershing's NetExchangePro online brokerage platform and on monthly statements, Pershing said Wednesday.
The annuities are issued by American Enterprise Life Insurance Co. and American Centurion Life Assurance Co. of New York.
Pershing, of Jersey City, provides clearing and financial services outsourcing to more than 1,100 financial organizations and independent investment advisers, who collectively represent nearly 6 million individual investors.
