WAKEFIELD, MA--(Marketwire - Dec 5, 2012) - Vestmark, a leading innovator of advisory solutions and wealth management technology, today announced it has joined the American Bankers Association® (ABA).
Founded in 1875, the ABA represents banks of all sizes and charters and is the voice for the nation's $14 trillion banking industry and its two million employees. Combining industry experience, insights and in-depth expertise, the ABA strives to help strengthen the banking industry and communities they serve.
"Increasingly Vestmark has been providing wealth management technology solutions to banks and leading investment managers that offer subadvisory services to banks and their wealth management clients," said Rob Klapprodt, President of Vestmark. "Open architecture wealth management programs are growing rapidly and represent a tremendous opportunity for banks. Vestmark has developed unique capabilities to accommodate the evolving role of trust officers and client-facing investment professionals for banks seeking to capitalize on their wealth management opportunity." Mr. Klapprodt continued, "By joining ABA, we hope to deepen our relationships in the banking community as well as our understanding of the issues facing banks. We look forward to opportunities to provide ABA and member firms with our thought leadership on best practices in wealth management."
About American Banking Association
The American Bankers Association represents banks of all sizes and charters and is the voice for the nation's $14 trillion banking industry and its two million employees. Learn more at www.aba.com
Vestmark provides VestmarkONE, a unified wealth management platform offering comprehensive, real time technology that enables Broker-Dealers, investment managers, RIAs, bank trusts, and other financial firms to deliver holistic wealth management and a full range of advisory solutions. Vestmark's experienced team works closely with clients to implement tailored solutions incorporating best practices that help firms gather more assets, increase efficiencies and minimize operating risks. For more information about Vestmark's solutions, please call 781-224-3640, email email@example.com or visit www.vestmark.com.