Arlington Heights, IL (May 23, 2008) -- World Equity Group, Inc. today announced a clearing and trading services agreement with Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation.  Under this agreement Pershing will provide World Equity Group with its comprehensive clearing, trading, and financial services outsourcing platform.  

For nearly 70 years, Pershing LLC has been providing superior execution and clearance services to many of the world’s largest and most prestigious financial organizations.  Through its cutting-edge facilities and technology, Pershing offers high quality investment services and market-leading business solutions.

“World Equity Group is a leading independent planning firm with a history of providing investment professionals with a wide range of investment and life insurance products and services,” said James T. Crowley, Managing Director, Pershing LLC.  “This agreement underscores our commitment to providing leading broker-dealers like World Equity Group and their investment professionals, with an array of business solutions to help them compete in the marketplace and grow their businesses.”
 
“We are excited to be working with a company as established as Pershing,” says Richard Babjak, Partner -World Equity Group.  “This agreement enhances our investment professional’s practices by giving them additional flexibility and technology opportunities and will help in our recruiting efforts.”
 
About World Equity Group
 
Since 1993, World Equity Group has been the “independent planning firm of choice” in the Chicago area.  World Equity Group specializes in Family Wealth Care Planning for both fee and commission based practitioners and is an acknowledged leader in investor education seminars.  For more information, please visit www.worldequitygroup.com .
 
About Pershing LLC
 
Pershing LLC is a leading global provider of financial business solutions to more than 1,150 institutional and retail financial organizations and independent registered investment advisors who collectively represent over five million active investors.  Financial organizations, investment professionals and independent registered investment advisors depend on Pershing’s depth of experience and consultative approach to provide them with forward-thinking solutions that help them to grow their businesses.  Located in 19 offices worldwide, Pershing is committed to service excellence and to providing dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions and practice management support.  Pershing (member FINRA/NYSE/SIPC) is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Borse, the Irish Stock Exchange and the London Stock Exchange.  Pershing LLC is a subsidiary of The Bank of New York Mellon Corporation.  Additional information is available at www.pershing.com .

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