Adhesion Wealth® won two awards at the eighth annual WealthManagement.com Industry Awards on Sept. 8, taking home honors for excellence in Model Marketplaces in the Technology Providers category, and as RIA Innovator of the Year in the Individual RIA Firm Leaders category for President Barrett Ayers. This is the fourth consecutive year Adhesion has won a "Wealthie" for its model marketplace.
The Adhesion Wealth Manager Exchange is the industry's second-largest model marketplace. The marketplace connects investment advisors to a suite of over 4,000 models from nearly 500 institutional asset managers. Over the past two years, the Adhesion Wealth Manager Exchange launched several new initiatives that have provided advisors with greater access to rapid level distribution, offering full technical infrastructure with trading, models, reporting and portals.
Under Barrett's leadership over the last year, Adhesion launched various initiatives: Tax Alpha reporting, which shows investors the value of an advisor's decision to enable active tax management; first to market ability for a fixed income and options overlay within a UMA; Personal Indexes with ESG Overlay, which allows advisors to develop their own Direct Index models that can be run inside a UMA; and lastly, a TAMP solution where managers have a turnkey investment program to distribute their TAMP and models on Adhesion's Managed Account Platform.
For eight years, the WealthManagement.com Industry Awards have honored the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. This year, 105 awards were given out to 84 recipients from a pool of 225 finalists. Nearly 1,000 entries were received from more than 350 companies.
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 Wealth 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.