News

August 11, 2014 6:44 pm

Securities Service Network Launches Encompass, Goes Live on FolioDynamix Wealth Management Technology Platform

Leading independent broker dealer rolls out full wealth lifecycle technology platform supported by overlay management and turnkey advisory services

NEW YORK, NY – August 11, 2014 – FolioDynamix, a leading provider of web-based technology, content and services for managing the full investment and wealth advisory lifecycle, today announced that Securities Service Network (SSN), a leading independent broker dealer, has deployed the FolioDynamix wealth management technology platform for its rep-directed investment programs. SSN has branded the platform Encompass, and it is now available to SSN’s network of independent financial advisors nationwide.

“We are excited to begin the roll out of this next generation technology platform to our independent advisor network,” stated Wade Wilkinson, president and CEO of Securities Service Network. “The new technology was well received by advisors at our recent annual conference. Since a large majority of our reps act as portfolio managers, they will now have a streamlined system to manage all of their accounts from a single web interface with improved visibility, more timely information and greater portfolio management flexibility. FolioDynamix proved to be a great partner during the implementation, and we were pleased with the flexibility we had in tailoring the platform to fit our unique needs.”

“We are happy to have Securities Service Network up and running on our platform,” said Joseph Mrak, chairman and CEO of FolioDynamix. “By providing SSN with innovative technology and managed solutions, we look forward to helping the company accelerate the growth of its business and continue to deliver exceptional service to its nationwide network of investment advisors.”

In the future, SSN advisors will also have access to turnkey unified managed account (UMA), mutual fund wrap (MFW) and exchange traded fund (ETF) products with full-service overlay management and advisory research.

 About FolioDynamix

Bringing innovation, insight and agility to the wealth management and investment advisor communities, FolioDynamix offers the most comprehensive web-based technology platform for managing the full wealth advisory lifecycle – including proposal and onboarding, research, model management, portfolio accounting, trade order management, operations, reporting, and performance analytics – across all account types. The FolioDynamix wealth management platform is truly unified – eliminating silos and empowering advisors with a single platform to manage all customer accounts. The platform provides registered investment advisors, broker-dealers, banks, custodians and service providers with leading-edge technology to attract and retain top advisors, accelerate client acquisition and gain end-to-end visibility into all assets under management for improved efficiency, better compliance, and enhanced client service.

About Securities Service Network

Securities Service Network, Inc. (SSN) is a locally owned and operated independent broker dealer, founded in 1983 and headquartered in Knoxville, Tennessee. SSN currently has more than 400 affiliated financial professionals nationwide, offering a wide array of financial products and services to the investing public. In trade publications like Investment News, Investment Advisor, and REP., SSN consistently ranks as one of the nation’s leading independent broker dealers. The company was named to the INC. 500 Hall of Fame in 1999 after many years of qualifying for the magazine’s well-known award to the fastest growing companies in America. Through SSN subsidiaries, advisors also offer portfolio management, investment advice, financial planning and insurance services. For more information on SSN please visit www.joinssn.com.

Press Contacts:

FolioDynamix – Vickie Nutter = +1 916-288-6404 – vickie.nutter@foliodx.com

SSN – Cindy Winchester – 800-264-5499 – Cindy.winchester@ssnetwork.com