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Wakefield, MA – March 24, 2016 – Vestmark, Inc., the leading innovator of advisory solutions and wealth management technology, today announced that Nichlaus Thacker joined as Senior Vice President of Business Development. In this role, Thacker will be responsible for expanding the Vestmark client base, building strategic relationships with broker-dealers, investment managers, registered investment advisors, bank trusts, and wealth management platform providers.
Thacker comes with a wealth of experience in financial services. Prior to his role at Vestmark, he spent 12 years at RBC Wealth Management U.S. and RBC Correspondent and Advisor Services. During his tenure, he spearheaded the growth of the overlay portfolio management business, developing the technology infrastructure that underpins the fee-based managed accounts platform. He later transitioned to the custody and clearing side of the business, where he drove top line business growth attracting advisors, broker dealers, and registered investment advisors to the service.
“Vestmark’s commitment to improving wealth management service delivery, deep roots in technology innovation, and vision for growth compelled me to make the move from RBC,” said Thacker. “I am excited to join Vestmark at such an important time for the business and look forward to steering the company toward new growth opportunities, capitalizing on my experience and history in the wealth management industry.”
“Nick is a critical addition to our team. He introduces a wealth of domain knowledge and field expertise to our business - we are fortunate to have him on board,” said Peter Jantzen, EVP, Vestmark. “His appointment is a sign of our unwavering commitment to fulfilling the needs of broker dealers, asset managers, advisors, and bank trusts for Vestmark’s leading technology solutions and services. I am confident that Nick will contribute immediately to our growth based on his excellent track record of success.”
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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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