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NEW YORK, July 18, 2017 -- FolioDynamix, a leading provider of wealth management technology and advisory services, announced a bridge for the communication gap between investment managers, overlay portfolio managers and model program sponsors. Amidst the industry’s effort to centralize and standardize a messaging hub for model use, the FolioDynamix Model Exchange presents a solution for all to use.
FolioDynamix Model Exchange introduces a solution designed for both large enterprise firms and smaller RIA’s seeking access to a large list of institutional quality managers, at no fee to program sponsors. The Model Exchange can also be configured to include access to FolioDynamix’s market-leading research.
“We’re proud to continue to deliver this level of innovation to the industry, especially without a true standard established in the marketplace,” Joe Mrak, CEO of FolioDynamix, said. “We have been providing a hub to our managers and clients for over a decade, and it is time to offer it up to all that want to take advantage of our network of more than 700 model-based products. We are experts in model delivery and can offer up the hub at no direct cost to program sponsors.”
FolioDynamix continues to support the Money Management Institute’s efforts to develop a “hub of hubs” for the wealth management industry, and intends to integrate with it upon completion. Meanwhile, many firms currently integrate models through the FolioDynamix Model Exchange, a proven and time-tested investment model hub developed over the past decade. This platform will be maintained separately to help foster greater synergy and collaboration across the industry.
FolioDynamix handles all rotational issues, fees and manager reporting. The company continues to expand the number of managers currently connected to the Model Exchange and is actively growing the number of users. For more information on how to leverage the service, visit www.foliodynamix.com.
ABOUT FOLIODYNAMIX
FolioDynamix is leading the evolution of the wealth management experience, with an integrated end-to-end technology solution paired with a suite of advisory services including model portfolios, institutional quality manager research and overlay management. Through our powerful technology platform, advisors can manage the entire client lifecycle from proposal generation to account opening to account management (trading and rebalancing) to reporting, all through a sophisticated but easy-to-use secure cloud-based solution. FolioDynamix is an Actua company (Nasdaq:ACTA). Visit www.foliodynamix.com.
Contact: FolioDynamix Dan Ciavarella, EVP 201-500-5408 [email protected]
