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BBVA Global Wealth Advisors collaborates with BNY Mellon’s Pershing to provide brokerage services to its clients

BBVA Global Wealth Advisors, Inc. (BBVA GWA), the U.S. subsidiary and registered investment advisor (RIA) of Madrid-based BBVA, has selected BNY Mellon's Pershing as its clearing and custody provider. BBVA GWA’s advisory clients will access broker-dealer services from Pershing Advisor Solutions (PAS), a wholly-owned subsidiary of BNY Mellon. PAS is an SEC-registered broker-dealer, member of the Financial Industry Regulatory Authority, Inc. (FINRA), and the Securities Investor Protection Corporation (SIPC).

BBVA GWA launched its Miami-based business in March to offer investment advisory services primarily to clients from Latin America. Its international investment advisory solutions will generally be available to non-U.S. resident clients with a minimum of $500,000 in assets under management.

“Trust is one of the most important aspects of our business, and collaborating with a global, industry-leading player like BNY Mellon’s Pershing has been one of the key enablers of our ability to launch an RIA and serve clients,” said Murat Kalkan, Head of BBVA Global Wealth Advisors. “Our focus is to strive to bring the best service and solutions to our clients. We believe that this collaboration aligns well with our strategic objectives as it helps us to meet our goal of serving our clients in an effective and efficient manner.”

“We’re delighted to support BBVA Global Wealth Advisors as it launches its wealth management business to clients in Latin America,” said John Ward, Managing Director, Global Client Relationships, BNY Mellon’s Pershing. “This collaboration reflects our strategic focus to bring our breadth of clearing, custody and brokerage services to wealth management businesses seeking to scale and better serve their clients.”

About BBVA Global Wealth Advisors, Inc.¹

BBVA GWA is a SEC-registered Investment Adviser and wholly owned subsidiary of BBVA, S.A., a publicly held global financial services institution and financial holding company, founded in Spain in 1857 and traded on the New York Stock Exchange (ticker: BBVA). BBVA S.A., one of the largest banks in Spain, owns leading financial services franchises in Latin America. As a fiduciary, BBVA GWA upholds a duty of loyalty, fairness, and good faith towards each client. In providing investment advice, BBVA GWA strives to act with a degree of care, skill, prudence and diligence under the circumstances that a prudent person acting in a fiduciary capacity would use.

¹Investment advisory services are offered through BBVA Global Wealth Advisors, Inc., an SEC-registered investment adviser. Registration with the SEC does not imply that GWA or any associated person has achieved a certain level of skill or training.  The opinions expressed and material provided are for general information and should not be considered a solicitation for purchasing or selling any security. Past performance is no indication of future results; investing involves risk, including the possible loss of principal.  Additional information about BBVA Global Wealth Advisors, Inc. is also available on the SEC's website at

About BNY Mellon's Pershing

BNY Mellon’s Pershing is a leading provider of clearing and custody services. We are uniquely positioned to help complex financial services firms transform their businesses, drive growth, maximize efficiency, and manage risk and regulation. Wealth management and institutional firms outsource to us, or one of our affiliates, trading and settlement services, investment solutions, bank and brokerage custody, middle- and back-office support, data insights and business consulting. Pershing brings together high-touch service, an open digital platform and the BNY Mellon enterprise to deliver a differentiated experience for every client. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. With offices around the world, Pershing has over $2 trillion in assets and millions of investor accounts. Pershing affiliates include Pershing X, Inc. and BNY Mellon Advisors, Inc., an investment adviser registered in the United States under the Investment Advisers Act of 1940. Additional information is available on, or follow us on LinkedIn or Twitter @Pershing.