SOURCE: Vestmark, Inc.

Vestmark, Inc.

March 16, 2011 08:30 ET

Over $200 Billion in Assets Managed on Vestmark Technology Platform

Demand for the Comprehensive Suite of Wealth Management Tools Drives Growth

WAKEFIELD, MA--(Marketwire - March 16, 2011) - Vestmark today announced continued momentum in the wealth management and advisory solutions market with over $200 billion now managed on the Vestmark Platform. Driven largely by new clients converting to the Vestmark Platform, this level of assets underscores the deep and impressive client base Vestmark has quietly served and expanded since launching in 2001.

"Vestmark has the best, most complete suite of wealth management tools in the industry to support all portfolio types including discretionary and non-discretionary accounts, unified managed accounts (UMAs), and unified managed households (UMH) supported by a large network of custodial and straight-through trade connections -- all available on ONE Platform," said John Lunny, CEO of Vestmark. "We view our growth as validation of our ability to deliver a unified wealth management platform to our clients so that they can consolidate platforms and achieve operational efficiencies while providing innovative investment solutions to the investors they serve."

Over the last year, assets managed on Vestmark have increased more than $100 billion from new clients as well as net asset growth from existing clients. The firm boasts a number of the world's largest banking, wealth management and asset management firms, several of the nation's largest broker-dealers and several of the nation's premier custodians among its clients.

About Vestmark
Vestmark provides a Unified Wealth Management platform offering comprehensive, real time technology that enables broker dealers, investment managers, RIAs, bank trusts, and other financial firms to deliver holistic wealth management and a full range of advisory solutions. Vestmark's experienced team works closely with clients to implement tailored solutions incorporating best practices that help firms gather more assets, increase efficiencies and minimize operating risks. For more information about the Vestmark Platform solutions, please call 781-224-3640, email, or visit

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