A Vestmark Company | Innovating Wealth Technology Learn More

Vestmark

Press Release < Back to News & Events

Adhesion Wealth™ Wins WealthManagement.com 2019 Industry Award for Manager eXchange

Adhesion's Innovative Model Marketplace Recognized by Peers for Outstanding Contribution to the Financial Advisor Community

Charlotte, N.C.Sept. 24, 2019Adhesion Wealth (Adhesion), a Vestmark company, proudly announces that it has won the WealthManagement.com 2019 Industry Award for "Technology Providers: Model Marketplaces," in recognition of the Adhesion Manager eXchange offering.

For the last five years, the WealthManagement.com Industry Awards have acknowledged excellence among wealth management firms and vendors serving financial advisors. This year's winners were announced at the awards dinner on September 12, 2019 at the Ziegfeld Ballroom in New York City. A panel of judges consisting of top names in the wealth management sector selected the winners and finalists. To learn more about the WealthManagement.com Industry Awards program, visit https://events.wealthmanagement.com/.

"By providing seamless, cost-effective access to nearly 500 institutional-caliber asset managers, the Adhesion Manager eXchange can give independent advisors the edge they need to differentiate, optimize, and streamline their practices," said Barrett Ayers, President of Adhesion Wealth. "We are honored to be singled out by our industry peers for our contributions to the financial advisor community, and we will continue to enhance our innovative solutions and tools for advisors."

The Adhesion Manager eXchange (https://exchange.adhesionwealth.com/) allows advisors to leverage the expertise of one or more external managers, all within a single account outsourced to Adhesion, for portfolio administration, using an innovative process known as Overlay Portfolio Management (OPM).

Adhesion's WealthManagement.com 2019 Industry Award nomination focused on the recent introduction of a suite of industry-leading Manager Community tools, which allow advisors and asset managers to foster stronger connections. The Manager Community dashboard enables advisors to communicate directly with managers or send blind requests for proposals (RFPs), and gives advisors the ability to set manager visibility controls on the platform. In addition, managers can control shelf space on the Adhesion Wealth advisor desktop, and utilize tools to obtain valuable sales insights on models/sleeves. Managers can view flows by model/sleeve, advisor usage by model/sleeve, wholesaler trends, marketing effectiveness, and product usage (product clicks, marketing clicks, clicks in proposals, etc.). New trade entry features on the Manager Community dashboard include rotation tools and a shot clock for monitoring execution status.

More information about Adhesion Wealth's solutions is available at http://www.adhesionwealth.com/who-we-are/index.shtml.


The WealthManagement.com Industry Awards is the only awards program to honor outstanding achievements by companies and organizations that support financial advisor success. A panel of 14 judges from top names in the industry determined the 2019 WealthManagement.com Industry Awards. Winners were selected based on quantitative measures of their initiatives—such as scope, scale, adoption and feature set—along with qualitative measures such as innovation, creativity and new methods of delivery. Adhesion was evaluated against five other Model Marketplace providers and neither Vestmark nor Adhesion paid a fee to participate. The award may not be representative of any one client's experience and is not indicative of the investment adviser's future performance.

Back to News & Events


About Adhesion Wealth

Adhesion Wealth® is a leading provider of outsourced investment management solutions for registered investment advisors (RIAs). Adhesion Wealth empowers advisors with the ability to build their own multi-manager (UMA) strategies, access SMA strategies and use other turnkey investment solutions on the Adhesion Manager eXchange. Adhesion Wealth also provides advisors with personal and direct indexing, tax management, tax transitions, portfolio administration, practice analytics and client reporting. With Adhesion, advisors gain access to a scalable, multi-custodian platform upon which to grow successful practices.

Adhesion Wealth is a wholly-owned subsidiary of Vestmark, Inc. For more information, call (888) 295-8351 or visit www.adhesionwealth.com.

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 inquiry@vestmark.com, or visit www.vestmark.com.

Media Contact

Siobhan Nolan
JConnelly
(862) 217-9585
snolan@jconnelly.com