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Adhesion Enhances its WealthADV UMA Program Through Vestmark Partnership

Wakefield, MA - February 2, 2009 - Vestmark, the leading technology innovator in the managed account solutions market, today announced that Adhesion Wealth Advisor Solutions has successfully implemented the Vestmark Managed Accounts Platform (VMAP) as part of enhancements to its WealthADV Unified Managed Account program for independent investment advisors.

"For us, the Vestmark platform is an ideal fit for our flexible approach to the Independent Advisory market," according to Barrett Ayers, Managing Director of Overlay Portfolio Management at Adhesion. "As Overlay Managers, VMAP helps us manage portfolios and report at the manager/sleeve level as well as the program level. This allows us to offer the most robust, flexible and feature-rich UMA program in the industry today." The WealthADV UMA program provides users with an open-architecture managed account solution where advisors construct multi-manager composite strategies and outsource the Overlay Management to Adhesion. Added Ayers, "Other technology options paled in comparison with Vestmark's sophisticated tax-aware, multi-sleeve rebalancing capabilities coupled with advanced trading, cash handling, and dynamic rule-based workflow capabilities."

"Adhesion's WealthADV UMA program offers comprehensive multi-manager/multi-strategy managed accounts, with sophisticated overlay portfolio management services, independent of and portable across the custodians an investment advisor utilizes," said Rob Klapprodt, President of Vestmark Software. "This flexibility is critical and VMAP is unique in the marketplace in providing this multi-custodian support combined with a breadth of overlay portfolio management functionality. As a result of coupling their proprietary technology and services with the Vestmark platform, Adhesion's WealthADV innovative platform is very well positioned to meet the needs of independent investment advisors and their clients."

About Adhesion:
Adhesion has been delivering wealth advisor solutions since 1999. Its WealthADV platform is a comprehensive Managed Investing service, providing the complete unified managed account, client reporting and back office solutions RIAs need to stay at the forefront of the market and grow successful practices. For more information regarding WealthADV please visit www.WealthADV.com or contact Rich Conley at 888.295.8351 extension 1.

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About Vestmark

Headquartered in Wakefield, Mass. and founded in 2001, Vestmark is a leading provider of portfolio management solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage customized client portfolios through an innovative technology platform. Supporting over $1.5 trillion in assets and 5.5 million accounts, Vestmark is a partner to some of the largest and most respected wealth management firms. For more information about Vestmark’s solutions, call (781) 224-3640 or visit www.vestmark.com.

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