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Vestmark Enhances Broker-Dealer Platform with Expanded Functionality for Hybrid Advisors

Wakefield, MA - October 18, 2011 - Vestmark, a leading innovator of advisory solutions and wealth management technology, today announced the introduction of new functionality for its VestmarkONE technology platform specifically tailored to the needs of Broker-Dealers seeking to integrate fee and commission business. VestmarkONE is the first custodian and broker-neutral wealth management technology solution optimized for hybrid advisors.

Advisors with commission and fee-based relationships benefit from complete portfolio management, trading and performance reporting across their book of business spanning the entirety of every client relationship. VestmarkONE's unique visualization and proactive alerting capabilities surface relationships and portfolios requiring attention. From there, VestmarkONE provides a range of modeling, rebalancing, and block trading tools which simplify and streamline the implementation of trading ideas across brokerage accounts, and discretionary and non-discretionary accounts across all advisory programs – this includes rep as advisor, advisor as portfolio manager, advisor as sleeve manager in UMAs, and advisor as overlay manager. VestmarkONE includes built-in pre-trade compliance checks and tax management decision-making for each and every order, and captures all audit trail information including OATS data capture and SEC-compliant trade recordkeeping. These capabilities can be easily leveraged via the Vestmark Custodial and Trade Network which includes connectivity to Thomson BETA, Broadridge, and the major clearing providers.

"Top-line growth and bottom-line profit margin pressures coupled with the changing regulatory environment require Broker-Dealers to evolve their business practices and how they support registered representatives, independent financial advisors, and independent registered investment advisors," said John Lunny, CEO of Vestmark. "VestmarkONE provides Broker-Dealers with a single solution to accommodate any advisor's book of business while providing state of the art compliance and home office surveillance tools."

Over the past two years, assets managed on Vestmark have increased to more than $200 billion representing more than 1 million accounts. Vestmark counts 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.

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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 $1.4 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, or visit

Media Contact

Andrew Murray
JConnelly for Vestmark
(973) 850-7370