CHARLOTTE, N.C., March 5, 2019 /PRNewswire/ -- Three months after being acquired by Vestmark, Adhesion Wealth Advisor Solutions (Adhesion) is pleased to announce multiple milestones and new growth initiatives.
Adhesion has successfully served the RIA market with an outsourced managed account solution that leverages Vestmark’s customized software-as-a-service (SaaS) wealth management platform, VestmarkONE. In doing so, Adhesion provides RIAs with better service, greater control, and more flexibility than other technology providers.
Since the acquisition closed in the fourth quarter of 2018, Adhesion and Vestmark have begun implementing a strategic plan to accelerate growth and provide RIAs with a premier outsourced managed account platform. Over the last three months:
“We’re thrilled to be part of the Vestmark team and have spent the past three months laser-focused on two things: continuing to provide great service to our clients and finalizing an aggressive strategy to accelerate our product and services roadmap,” said Barrett Ayers, President of Adhesion Wealth. “We couldn’t be happier with Vestmark’s commitment, level of investment, and culture as we work together to build a better company for our clients.”
“Barrett and the Adhesion team have already made many positive contributions to Vestmark. We’ve been impressed with their deep knowledge of the RIA marketplace and passion for providing unparalleled client service,” said John Lunny, CEO of Vestmark. “They’ve developed a strategic vision to make Adhesion one of the biggest and best outsourced managed account platforms for RIAs. We’re excited to invest in that vision and provide the resources required to continue to meet that goal.”
About Adhesion Wealth Advisor Solutions:
Vestmark’s Adhesion Wealth software enables the software as a service (SaaS) VestmarkONE platform to manage an RIA’s entire investment process using a high-touch service model—empowering advisors to seamlessly deliver tailored separately managed account (SMA) and unified managed account (UMA) portfolios at scale.
Founded in 1999, Adhesion Wealth is a $3.5 billion UMA platform focused on developing and delivering innovative managed account solutions to investment advisors who desire to bring their clients—and their practices—to the next level. For more information, call (888) 295-8351 or visit www.adhesionwealth.com.
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Headquartered outside of Boston, MA and founded in 2001, Vestmark is a leading provider of portfolio management/trading solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage and trade customized client portfolios through an innovative SaaS platform. Supporting over $1.4 trillion in assets and 4.5 million accounts, Vestmark is a trusted partner to some of the largest and most respected wealth management firms. For more information about Vestmark’s solutions, call (781) 224-3640, email firstname.lastname@example.org, or visit www.vestmark.com.
JConnelly for Vestmark