The Legent Approach to Correspondent Clearing

Headquartered in Omaha, Nebraska, Legent Clearing was formed when Mutual of Omaha sold its Kirkpatrick Pettis brokerage, asset management and clearing businesses in 2002.  Legent’s strategic mission to become an independent provider of clearing services was forged by industry veterans who understand the brokerage business and who hail from and have contributed to the success of some of Wall Street’s most prominent firms.  The Legent slogan “Custom Fit Clearing Solutions” evolved from our commitment to adapt to our correspondent partners’ needs rather than take a one-size fits all approach.

Since our founding, Legent’s executives have invested financial and intellectual capital to expand the firm’s infrastructure and diversify its service capabilities.  Under this guidance, Legent has experienced a substantial increase in correspondent relationships and in capital. But more importantly, Legent’s management possesses the vision and the business acumen that can truly help firms like yours operate more efficiently, entertain new revenue streams, and become more profitable.

You'll have access to modern trading and communications technology, expansive market data, global research, tax-lot portfolio management tools, numerous cash management options and sophisticated advisory/wealth management products that compare favorably to those offered by many larger clearing firms.

Our Omaha location resonates with mid-western values, high standards for service and reduced operating expenses that carry over to our correspondent partners. We invite you to contact us to discuss how Legent Clearing could be a good fit for your firm.