NEW YORK, NY – December 15, 2014 – FolioDynamix, a leading provider of web-based technology, content and advisory services for managing the full investment and wealth advisory lifecycle, today announced that Lebenthal Wealth Advisors, the wealth advisory arm of Lebenthal Holdings, has selected FolioDynamix to serve as its turnkey asset management platform (TAMP). FolioDynamix will provide a comprehensive wealth management technology platform, unified managed account (UMA) and mutual fund wrap (MFW) programs, and full-service overlay management for Lebenthal Wealth Advisors nationwide.
“In keeping Lebenthal’s long-standing company history, Lebenthal Wealth Advisors places client service as our number one priority,” stated Andrew Grillo, president and COO for Lebenthal Wealth Advisors. “We want to ensure our clients get access to institutional-quality investment programs while maintaining our focus on building and maintaining strong client relationships. In evaluating TAMP options, FolioDynamix offered the right combination of flexibility, services and next-generation wealth management technology we need to achieve our growth and quality objectives. We are excited to deploy an open architecture program that is fully-integrated at all stages of the portfolio lifecycle and deliver a seamless and customized experience to each of our clients.”
“We are pleased that Lebenthal Wealth Advisors has selected FolioDynamix as its turnkey asset management platform,” said Joseph Mrak, chairman and CEO of FolioDynamix. “We continue to see an increase in demand for our TAMP services as wealth management firms recognize the value of ramping up a successful advisory practice quickly, without compromising the quality of investment programs and portfolio management services it offers. FolioDynamix is uniquely positioned with the technology, advisory expertise, vetted programs and full-service overlay management skills needed to serve as the de facto wealth management platform for these fast-growing firms.”
About Lebenthal Wealth Advisors
Lebenthal, established in 1925, has always been known for its distinguished service to their clients. In an era of ever larger bureaucratic institutions, Lebenthal remains a customer-centric firm steeped in a culture of integrity and putting the client first. The firm recently added Lebenthal Wealth Advisors, LLC, a registered investment advisor, enhancing its ability to continue to serve both institutional and retail clients by providing a broad range of products and services. Lebenthal Wealth Advisors is a firm where financial advisors and clients experience a mutually respectful, entrepreneurial, client-driven business culture. Lebenthal Wealth Advisors is proud to be a leader for the continuance and expansion of the firm’s history of focusing on outstanding client service. For more information, visit www.lebenthal.com/lebenthal_wealth_advisors.
FolioDynamix offers the most comprehensive web-based wealth management technology platform for managing the full advisory lifecycle – proposal generation, research, model management, portfolio accounting, trade order management, reporting and performance analytics. The FolioDynamix wealth management platform is truly unified, eliminating silos and empowering advisors with a single platform to manage all customer accounts. FolioDynamix provides registered investment advisors, banks, broker dealers, custodians and wealth service providers with leading-edge technology to attract and retain advisors, accelerate client acquisition and gain visibility across all assets under management. The results are improved efficiency, stronger compliance, enhanced client service and faster growth. FolioDynamix is an Actua company (Nasdaq: ACTA).