WAKEFIELD, Mass., May 16, 2019 /PRNewswire/ -- Vestmark congratulates Chief Executive Officer John Lunny on being named FinTech Person of the Year in the 2019 FTF News Technology Innovation Awards. The annual awards, presented by the Financial Technology Forum and FTF News, spotlight professionals, financial technology vendors, service providers, industry organizations, and regulators who have made noteworthy achievements during 2018, as chosen by industry peers.
"I am honored to receive this recognition from my peers in the industry," said Mr. Lunny. "This accolade is a tribute to the entire Vestmark team. We are all committed to streamlining the delivery of advice; our team will continue to work together to innovate technology and service solutions that enable our wealth management clients to grow their businesses and improve client outcomes."
Mr. Lunny and the other winners will be honored at the FTF News awards gala dinner at The Loeb Boathouse at Central Park in New York City on June 27, 2019. For more information, please visit www.ftfnews.com/awards/the-ftf-news-technology-innovation-awards-2019.
Today, under his direction, Vestmark underpins the success of some of the largest financial institutions, powering managed account platforms at 6 of the 10 largest sponsors, as ranked by Cerulli. Under his leadership and lasting vision, Vestmark has also grown to serve over 4 million investor accounts with more than $1.3 trillion in assets on the platform. Vestmark also recently completed the acquisition of Adhesion Wealth, enabling the firm to immediately become competitive in the rapidly growing RIA marketplace.
Vestmark enables financial institutions and advisors to efficiently manage and trade their clients' portfolios through an innovative software as a service (SaaS) platform, VestmarkONE®. Financial institutions and advisors use Vestmark's dynamic suite of portfolio and practice management tools and services to build customized solutions that meet their business needs and help to improve outcomes for clients.
Founded in 2001 and headquartered outside of Boston, Vestmark is a trusted partner to some of the largest and most respected players across the wealth management industry. More than $1.3 trillion in assets and 4 million accounts are currently managed on the VestmarkONE platform. For more information about Vestmark's solutions, call (781) 224-3640, email email@example.com, or visit www.vestmark.com.
JConnelly for Vestmark Laura Simpson (973) 850-7319 firstname.lastname@example.org
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Source: Company press release.