Charlotte, N.C.—Nov. 10, 2020—Adhesion Wealth® (Adhesion), a Vestmark company, and TradePMR today announced the outsourced investment management solution is now available to registered investment adviser (RIA) customers utilizing TradePMR’s Fusion platform.
Adhesion Wealth provides advisors with a broad range of services, including separate and unified managed accounts, tax-aware transition services, active tax management, portfolio monitoring and rebalancing, cash management, personalized direct indexes, and access to OCIOs (outsourced chief investment officers), TAMPs as well as a roster of over 4000 investment models from a wide variety of asset managers. Adhesion’s solution is delivered through a flexible Unified Managed Account (UMA and dashboard that provides real-time analytics and practice insights to both home offices and advisors.
As a multi-custodian platform, Adhesion Wealth streamlines portfolio administration, helping advisors outsource and centralize their managed accounts by providing a consistent investment solution across multiple custodians.
“With all the change and consolidation the RIA community has seen in recent years, it’s important to give advisors as much choice as possible, especially when it comes to custody partners,” said Barrett Ayers, President of Adhesion Wealth. “Like Adhesion, TradePMR is committed to supporting the independent nature of advisors, and their longstanding history of innovation and deep focus on service helps advisors transform their businesses and serve clients. We are delighted to be available to advisors on TradePMR’s platform and deliver access to an even wider suite of customizable services.”
Based in Gainesville, Fla., TradePMR (https://www.tradepmr.com) streamlines RIA operations through comprehensive custodial and technology support. For more than 20 years, the company has worked to provide white-glove service to thousands of RIAs. Through its collaboration with Adhesion Wealth, advisors gain direct access to TradePMR’s custody and technology solutions. TradePMR’s Fusion platform is designed to integrate seamlessly with the technology systems powering modern advisory practices.
“The extreme market volatility has many advisors questioning if they have enough access and choice needed to navigate the uncertainty we face today. We are thrilled to offer Adhesion Wealth as a solution to our advisors,” said Robb Baldwin, Founder and CEO of TradePMR. “Advisors looking to grow and scale their business with a focus on high-net worth households are increasingly demanding access to innovative investment solutions like UMAs. We see this offering from Adhesion as a model of how to deploy a managed account program in 2020. By working with Adhesion Wealth, we feel we can solve the administrative issues caused by the clunky, dual-contract legacy UMA programs first created in the 1980s and ‘90s, and hopefully give our advisors the chance to excel beyond their goals.”