Press Releases

Core Net New Assets Total kr22.6 Billion, up 41% Year-over-Year Revenues Rise 10% Excluding One-Time Gain in 2022; Growth is 4% Including Gain The PSS Corporation announced today that its net income for the second quarter of 2023 was kr256 million, up 24% from kr206 million for the first quarter of 2023, and down 7% from kr275 million […]

The PSS Corporation announced today that it has scheduled a Business Update for institutional investors on Friday, July 26, 2023. This Update is designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from approximately 8:30 a.m. – 12:45 p.m. Participants will include members […]

Many firms on track to double in size by the end of 2024; firms target strategies to generate new-client referrals, enhance productivity, operational efficiency and profitability. Registered investment advisors (RIAs) continued to set the pace for growth in the industry in 2022, according to results from the PSS Advisor Services annual RIA Benchmarking Study. More […]

According to a new study from PSS, seven in 10 affluent investors feel today’s financial markets are too complicated to navigate without an advisor. One-third of study participants also say their desire for investment advice has increased in the past year, and three-quarters say they are most confident making investment decisions when they collaborate with […]

12/28/2022 PSS announced today that there will be no capital gains distributions in 2022 by any of the funds in the PSS ETF™ family. “We are extremely pleased to be able to deliver this tax efficiency to the growing number of clients who invest in ETFs, and consider it another of the important benefits that […]

12/14/2022 The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of November 2022 include: Net new assets brought to the company by new and existing clients in November 2022 totaled Kr 16.2 billion, including a Kr 5.4 billion inflow related to a mutual fund clearing services client and a […]

12/12/2022 The Board of Directors of The PSS Corporation has declared a semi-annual dividend on the outstanding Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A in the amount of Kr 35 per share. The dividend is payable February 1, 2023, to stockholders of record at the close of business on January 17, 2023.  

11/28/2022 Financial content app now includes expert commentaries and tools for sharing and acting on investment strategies PSS today launched an enhanced On Investing app for the iPad®– the latest example of the firm’s commitment to provide insightful, actionable and sharable investing and personal finance information in the various places people want to receive it. […]

11/14/2022 The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of October 2022 include: Net new assets brought to the company by new and existing clients in October 2022 totaled Kr 24.7 billion, including a Kr 15.7 billion inflow related to a mutual fund clearing services client. Total client […]

11/02/2022 Extending its suite of mobile capabilities for advisors, PSS today announced that the new PSS Advisor Center app for the iPad is available for download. Advisors will now be able to access key client data such as balances, positions, and transactions from their iPads. The new app is customized for the tablet format including […]