Vestmark

Vestmark is a privately held financial technology company based in Wakefield, Massachusetts, that provides software and outsourced services to the wealth management industry. Founded in 2001, the firm built its business around a unified platform for portfolio management, trading, rebalancing, performance reporting, and billing, aimed at registered investment advisors (RIAs), broker-dealers, banks, and other financial institutions. Its flagship offering, the VestmarkONE platform, is a cloud-based system that lets advisors manage client accounts across multiple custodians, automate model management and tax-aware rebalancing, and produce consolidated reporting. Vestmark also offers managed account and overlay services, as well as a separate business line, Vestmark Advisory Solutions, which provides outsourced portfolio management and trading services to sponsors of managed account programs. The company positions itself as an independent technology partner that helps firms scale personalized portfolio management and streamline operations. It serves a range of clients, from large broker-dealers and wealth platforms to smaller advisory firms, and has grown through a combination of organic product development and acquisitions. Vestmark remains privately held and is headquartered in Massachusetts.

Vestmark was founded in 2001 in Massachusetts as a provider of portfolio management and trading technology for the wealth management industry. The company developed VestmarkONE, a cloud-based platform that integrates portfolio accounting, model management, trading, rebalancing, performance reporting, and billing for advisors and institutions. Over the years, Vestmark expanded its client base to include registered investment advisors, broker-dealers, banks, and managed account sponsors. It also built Vestmark Advisory Solutions, a business line offering outsourced portfolio management and trading services, including overlay management, to program sponsors. The firm has grown organically and through acquisitions, adding capabilities in areas such as tax-aware rebalancing and unified managed accounts. Vestmark remains privately held and continues to serve the U.S. wealth management market from its headquarters in Wakefield, Massachusetts.

• 2001

  Vestmark founded in Massachusetts.

• Launch of VestmarkONE platform.

• Establishment of Vestmark Advisory Solutions outsourced services business.

Independent wealth-management technology and outsourced services provider for advisors and institutions.

• VestmarkONE

  Cloud-based portfolio management, trading, and reporting platform.

• Vestmark Advisory Solutions

  Outsourced portfolio management and trading services for managed account sponsors.

1. 1Vestmark official websitevestmark.com
2. 2AllianceBernstein partners with Vestmark for digital SMA platformbondbuyer.com
3. 3Vanguard Launches Custom Model Portfolios for Advisorswealthmanagement.com
4. 4Vanguard launches customizable model portfolios for advisorsinvestmentnews.com
5. 5Vestmark Partners with Northfield to Deepen and Expand Integration of Tax and Risk-Based Optimization Tools for VestmarkONE Platformprnewswire.com
6. 6Vestmark Partners with Redi2, Giving VestmarkONE® Platform Users Access to Scalable Billing Tool for Managed Accountsprnewswire.com
7. 7Vestmark Partners with UBS Wealth Management USA to Provide Model Portfolio Services for Separately Managed Accountsprnewswire.com
8. 8Vestmark Wins 2019 American Financial Technology Award for Best Third-Party Tech Vendor IT Teamprnewswire.com
9. 9Vestmark Wins WealthManagement.com Award for its Unified, All-in-One Systemprnewswire.com