Pershing marshals its forces in the service of securities clearing, execution, and settlement services to financial institutions and brokerages worldwide. The company deals in domestic and international equities, fixed-income products, and foreign exchange. It also performs compliance support, custody, and brokerage account reporting services, and provides managed account programs, cash management, retirement accounts and plans, access to mutual funds, and other products and services to brokerage firms and investment advisors. Pershing has more than $700 billion in assets held in custody. It operates about 20 offices around the globe and is a member of more than 60 exchanges.