We offer full broker/dealer service solutions to the institutional markets. Our focus is to meet the investment and liquidity needs of our bank, credit union, municipal and investment advisor customers. Our business model exclusively operates in the institutional sectors. Our goal is to build lasting relationship with our clients by providing sound investment solutions with efficient transactional executions. As an independent organization, we provide the broad market visibility that your interests require.
In order to accomplish our service goals, MBS incorporates the talents of seasoned professionals in the following areas: fixed-income management team, in-house IT, Compliance, Marketing and Administration Departments. MBS also utilizes the latest in technological advances to better serve our clients, including internal and external secured server networks, advanced communication technologies, and BNY Pershing (our clearing firm). MBS also remains compliant with all SEC, FINRA, and MSRB regulatory requirements.
As brokers, our account executives concentrate on specific areas of the institutional, fixed-income sector. They specialize in offering you sound investment solutions to maximize the yield of your investments and stay within the associated regulations and requirements unique to you.
As dealers, our trading desk professionals provide new issues and secondary offerings to our client base, as well as execute trades through an inter-dealer network consisting of more than 100 broker/dealers nationwide. This broad exposure to the market assures our customers that MBS can provide some of the best possible rate and terms available to the institutional customer.
Safety of Customer Assets – We understand the importance of safekeeping your investments and have chosen BNY Pershing to provide a full range of clearing and settlement services. BNY Pershing was selected for its financial stability, extensive product line and stellar reputation. Its core financial strength provides the foremost measure of the protection of assets held in its custody.
BNY Pershing participates in an annual SAS 70 Level II review, performed by a major independent audit firm, to provide additional evaluation of the design and operating effectiveness of BNY Pershing’s internal controls related to order and trade processing, clearance and settlement, corporate actions, physical custody, margin monitoring, account transfer, pricing, interest, broker-dealer billing, statements, confirmations and cash management functions. We are audited by a major independent audit firm and the audit team at our parent company, BNY Mellon. As required, BNY Pershing segregates fully paid-for, investor-owned assets from our own assets. Therefore, in the unlikely event of a financial failure at BNY Pershing, investors’ assets will remain untouched, separate from BNY Pershing’s own assets. BNY Pershing is required to maintain enough liquid assets, net of any liabilities, to ensure the return of investors’ assets in the event of firm failure and liquidation.
BNY Pershing is a member of the Securities Investor Protection Corporation (SIPC). As a result, securities in your account that are up to $500,000 are protected. For details, please see www.sipc.org. Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, BNY Pershing also provides coverage in excess of SIPC limits through a private insurer, Lloyd’s of London.