Rapid Advisory Solutions’ growth and continued development of AI-enabled wealth technology reflect the firm’s 25-year focus on innovation in wealth management

WAKEFIELD, Mass.: Vestmark, Inc., a leading provider of wealth management technology and services, today announced a major milestone in the continued expansion of its investment advisory capabilities, with Vestmark Advisory Solutions (“VAS”) surpassing $50 billion in assets under management following fivefold growth over the past 18 months. The milestone comes as Vestmark marks its 25th anniversary and builds on its core portfolio management platform through rapidly expanding advisory services and accelerated development of AI-enabled wealth technology.

VAS, Vestmark’s SEC-registered investment adviser subsidiary, has grown rapidly over the past 18 months, reflecting increased demand from wealth management firms seeking to expand personalized, tax-aware portfolio management at scale. Through VAS, Vestmark helps firms extend their investment advisory capabilities with services including tax management, tax transitions, direct indexing, Model Marketplace access and outsourced investment support. VAST, offered through VAS, is Vestmark’s industry-leading tax overlay solution, providing active tax overlay and optimization across indices, separately managed accounts, ETFs, fixed income, and other securities within a unified managed account structure.

Founded in 2001 to offer a modern alternative for portfolio accounting, trading, and rebalancing, Vestmark has grown into one of the industry’s leading wealth management technology platforms, supporting 6 of the 10 largest managed account program providers. Today, the company supports more than $2 trillion in assets, more than five million investor accounts, and more than 72,000 financial advisors, providing capabilities across unified managed accounts, direct indexing, tax optimization, model portfolio delivery, and fixed-income management.

“Surpassing $50 billion in assets under management through VAS reflects both the strength of our platform and the trust our clients continue to place in Vestmark,” said Karl Roessner, Chief Executive Officer at Vestmark. “Over the past 25 years, Vestmark has nurtured a culture of innovation that has led to groundbreaking solutions, from our enterprise UMA capabilities to our newest AI-enabled offerings. As we look ahead, we remain focused on listening to our clients, investing in our technology and teams, and supporting wealth managers in their mission to operate more efficiently and serve the individuals and institutions who rely on them for sound financial guidance.”

As Vestmark looks to its next chapter of growth, the company is accelerating development of AI-enabled solutions and workflows that build on its core platform foundation. Vestmark recently appointed Freedom Dumlao as Chief AI Officer, expanding his role as Chief Technology Officer. Under his leadership, the company launched Vestmark Pulse, a first-of-its-kind AI intelligence solution that shifts AI from a reactive tool to embedded intelligence that continuously monitors client portfolios, surfaces timely insights, and enables efficient action within existing workflows.

“The question is not whether AI belongs in wealth management,” said Dumlao. “The question is where it can be used responsibly to help firms make better decisions. The real value comes when AI is connected to trusted data, established workflows and the controls firms already rely on. That is the foundation Vestmark has spent 25 years building, and it is what enables solutions like Pulse to help wealth managers identify what needs attention and act with greater consistency across client portfolios.”

For Roessner, while the milestone and technology show the firm’s progression, it is the people and relationships that have defined Vestmark over 25 years.

“While technology has always been at the center of what we do, our success has ultimately been built on relationships,” added Roessner. “We are grateful to the clients, partners, and employees who have been part of our journey. Their trust and collaboration continue to inspire our next chapter of innovation.”

For more information, visit www.vestmark.com.

About Vestmark

Headquartered in Wakefield, Massachusetts, and founded in 2001, Vestmark is a leading provider of portfolio management solutions and outsourced services for financial institutions and their advisors. Vestmark enables firms to efficiently manage customized client portfolios through an innovative, enterprise-ready platform. Supporting more than $2 trillion in assets and more than five million investor accounts, Vestmark partners with some of the largest and most respected wealth management firms.

For more information, visit www.vestmark.com or call (781) 224-3640.

Fonte: Business Wire