COR Clearing began as part of the Mutual of Omaha and evolved into the independent execution, clearing, settlement and custody platform known as Legent Clearing. Initially serving clients principally located in the Midwest, the firm expanded and developed its services to support a wide range of broker dealer clients in the USA and abroad. In 2011, Legent was acquired by COR Securities Holdings Inc. and in 2012 became COR Clearing LLC.
COR Clearing’s parent, COR Securities Holdings Inc., is led by a group of executives and industry leaders, including the former Chairman of Pershing, a former Senior Managing Director Bear Steams Clearing, the former Financial Services Group President at ADP Clearing, and the former President of Sterne Agee Clearing.
COR Clearing’s Omaha headquarters continues to provide its clients high standards for service and reduced operating expenses that benefit their correspondent partners. As a leading independent securities clearing firm, COR Clearing is an excellent choice of partner for broker-dealers who seek a clearing firm singularly focused on serving broker-dealers.