SOURCE: Vestmark, Inc.

Vestmark, Inc.

March 20, 2013 08:30 ET

Vestmark Announces Inclusion by Fortigent on Advisory Platform

BOSTON, MA--(Marketwire - Mar 20, 2013) - Vestmark, a comprehensive technology platform for integrating portfolio management, trading and back office functions, today announced its inclusion on the advisory platform of Fortigent, LLC, a leading provider of high-net-worth solutions and consulting services.

Under this new relationship, Vestmark will serve as a provider to Fortigent with capabilities to support unified managed accounts (UMAs), mutual fund and ETF advisory programs, and other multi asset class investment solutions. The company's VestmarkONE platform will further facilitate the efficient recordkeeping of accurate portfolio holdings across asset classes and sub-advisors, spanning the multiple custodians utilized by Fortigent's clients. By integrating with Fortigent's proprietary technology, VestmarkONE will enable Fortigent to deliver a holistic approach towards achieving the investment goals of the high net-worth investors managed by Fortigent's clients.

"Fortigent's breadth of services, from investment research and strategy to performance reporting and practice management advice, requires a platform that will enable accuracy, flexibility and efficiency in a seamless package. We look forward to working with Fortigent as they continuously strive to exceed the unique and complex needs of the high net worth market they serve," said Rob Klapprodt, president of Vestmark.

Andy Putterman, Chief Executive Officer of Fortigent, LLC, said, "We are pleased to add VestmarkONE as a provider to our advisory platform. Vestmark's industry leading platform and first class customer service will further enhance our ability to provide our customers with the rich functionality and robust capabilities they have come to expect."

About Vestmark
Vestmark provides VestmarkONE, 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 Vestmark's solutions, please call 781-224-3640, email or visit

About Fortigent, LLC
Fortigent, LLC delivers a fully integrated and customizable business-to-business outsourced wealth management solution to banks, trust companies, MFOs, and independent advisory firms. Services include a broad and open investment platform with particular expertise in alternative investments, a flexible unified managed account program, and consolidated wealth reporting. Fortigent's web-based portal interface allows access to proposal and rebalancing tools, client portfolio reporting and accounting, as well as industry articles, research papers, and other practice management and business development resources.

Fortigent was purchased in 2012 by LPL Financial Holdings Inc. (NASDAQ: LPLA), the ultimate parent company of LPL Financial LLC, the nation's largest independent broker dealer (*based on total revenues, Financial Planning magazine, June 1996-2012), a leading RIA custodian and institutional service provider. For more information about Fortigent, please visit For more information about LPL Financial, please visit

Contact Information

  • Media Contacts:

    For Vestmark

    Max Leitenberger / Justin Meise
    River Communications, Inc.
    845 592 4530 / 845 226 8970
    Email Contact / Email Contact

    For Fortigent, LLC

    Sharon McEvoy
    Fortigent, LLC
    301 816 1202
    Email Contact