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Over $200 Billion in Assets Managed on Vestmark Technology Platform

Demand for the comprehensive suite of wealth management tools drives growth

Wakefield, MA - March 16, 2011 - Vestmark today announced continued momentum in the wealth management and advisory solutions market with over $200 billion now managed on the Vestmark Platform. Driven largely by new clients converting to the Vestmark Platform, this level of assets underscores the deep and impressive client base Vestmark has quietly served and expanded since launching in 2001.

"Vestmark has the best, most complete suite of wealth management tools in the industry to support all portfolio types including discretionary and non-discretionary accounts, unified managed accounts (UMAs), and unified managed households (UMH) supported by a large network of custodial and straight-through trade connections - all available on ONE Platform," said John Lunny, CEO of Vestmark. "We view our growth as validation of our ability to deliver a unified wealth management platform to our clients so that they can consolidate platforms and achieve operational efficiencies while providing innovative investment solutions to the investors they serve."

Over the last year, assets managed on Vestmark have increased more than $100 billion from new clients as well as net asset growth from existing clients. The firm boasts a number of the world's largest banking, wealth management and asset management firms, several of the nation's largest broker-dealers and several of the nation's premier custodians among its clients.

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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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Haven Tower
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©2024 Vestmark, Inc. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission is prohibited. Vestmark, VAST, and the Vestmark icon are registered trademarks. Other trademarks contained herein are the property of their respective owners. Vestmark believes that the information in this publication is accurate as of its publication date; such information is subject to change without notice.

Vestmark Advisory Solutions, Inc. (“VAS”), a wholly-owned subsidiary of Vestmark, Inc., is an investment advisor registered with the U.S. Securities and Exchange Commission (“SEC”). VAS acts as a paid sub advisor and/or overlay portfolio manager offering VAST and tax optimization services. Registration does not imply a certain level of skill or training. VAS has its principal place of business in Wakefield, MA. Investing involves risk. The value of an investment will fluctuate over time, and an investor may gain or lose money. Past performance is no guarantee of future returns and individual investor results will vary. Please consult our full disclosure document for a discussion of risks related to the services provided by VAS.