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Vestmark Continues Relationship with Fidelity Investments’ Personal Investing Unit

Wakefield, MAOctober 25, 2018 Vestmark, a leading provider of portfolio management and trading software and services, announced that Fidelity Investments’ Personal Investing unit will continue to use the firm’s award-winning technology, VestmarkONE.

VestmarkONE, which was selected by Fidelity for its retail unified managed account (UMA) offering in 2009, now provides the firm with highly scalable, true sleeve lot accounting functionality, model-based rebalancing, and efficient trading capabilities for several of its retail wealth management programs.

“Fidelity is one of the largest UMA providers in the country, and the VestmarkOne platform is an important component to our wealth management offering, helping facilitate the delivery of personalized investment solutions to our clients,” said Rich Compson, head of managed accounts at Fidelity Investments.

Fidelity’s UMA offering has since grown to the third largest UMA program in the industry. Leveraging the platform flexibility of VestmarkONE to drive additional scale and operational efficiency, Fidelity has launched several other products, including an ETF wrap, mutual fund wrap, and a retail digital advice program.

“We appreciate our long-term relationship with Fidelity,” said John Lunny, CEO of Vestmark. “Fidelity has helped to make Vestmark what it is today, a firm that delivers highly efficient portfolio management and trading capabilities at very large scale. We hope to continue to grow our relationship with Fidelity to deliver the best wealth management platform in the industry for many years to come.”

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About Vestmark

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 trillion in assets and 4 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, or visit

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Siobhan Nolan
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