Vestmark
Vestmark provides wealth management solutions through its VestmarkONE® platform, supporting over $1.5 trillion in assets and more than 72,000 financial advisors.
Services
Vestmark provides a robust suite of services for the wealth management industry, including back office services, model trading service, and a manager marketplace. The company offers tax management services, personalization options through its VAST™ Portfolios, and automated workflows for tax-sensitive trading and rebalancing. Additionally, Vestmark delivers a unified managed account (UMA) platform featuring sleeve-level accounting, performance measurement, and fee billing. Clients also benefit from outsourced services, such as reconciliation, corporate actions, performance reporting, and account administration.
VestmarkONE® Platform
VestmarkONE® is a SaaS solution designed to simplify the construction and management of highly tailored portfolios. The platform supports over $1.5 trillion in platform assets and more than 72,000 financial advisors, managing over 5 million accounts. It offers automated workflows, a manager marketplace with over 180 managers and 1000+ strategies, and tools for proposal generation and enrollment automation. The platform also includes client-facing investor portals, enhancing client reporting and engagement.
VAST™ Portfolios
Vestmark offers VAST™ Portfolios, which include personalized portfolios and focused index portfolios. These portfolios provide tax management services and various personalization options, allowing clients to tailor their investments to meet specific financial goals. VAST™ Portfolios utilize advanced technology to manage investments efficiently, offering features like sleeve-level accounting and performance measurement.
Corporate Locations
Vestmark is headquartered in Wakefield, MA, with additional operations at Vestmark Labs in Cambridge, MA. These locations serve as hubs for the company's innovation and development efforts, supporting the continuous improvement and scaling of its wealth management solutions. The corporate headquarters in Wakefield functions as the central point for corporate governance and overall business operations.
Unified Managed Account (UMA) Platform
Vestmark provides a unified managed account (UMA) platform that supports multi-custody connectivity. The UMA platform includes features like sleeve-level accounting, performance measurement, fee billing, and automated reconciliation. It facilitates compliance and risk management with features such as pre- and post-trade compliance, ensuring a streamlined and regulated investment management process.