Marstone Wins 2017 WealthManagement.com Industry Award for Digital Advice
Monday, October 16, 2017 12:00 PM
NEW YORK, NY / ACCESSWIRE / October 16, 2017 / Marstone, Inc., an enterprise financial technology company focused on digital wealth management, today announced it received the 2017 WealthManagement.com Industry Award for Digital Advice at an awards ceremony on October 11, 2017, in New York City. The award highlights Marstone's recent collaboration with Fiserv, Inc. to create the most comprehensive institutional digital advisory platform.
Now in its third year, the WealthManagement.com Industry Awards recognize firms for innovation and leadership in support of financial advisor success as selected by a panel of industry-leading judges. Marstone was the first digital advice solution to fully integrate with Pershing, a BNY Mellon Company, and offer the Powered by Marstone™ suite of digital advice solutions, including robo advice, to their clients. This full vertical integration allows institutional clients, including banks, credit unions, insurance companies, and investment firms, to offer digital and paperless account opening and money transfer, external account aggregation, a customized risk tolerance questionnaire, portfolio proposal, and portfolio management capabilities to their clients.
Marstone is taking that functionality and offering it across custodians by partnering and integrating with Fiserv. Powered by Marstone's integrated platform offers a truly unified experience across channels like banking, investing, and lending. This partnership increases Marstone's ability to deploy institutions across various custodians onto the Powered by Marstone digital advice platform.
"We are honored to be recognized by WealthManagement.com for this prestigious award," said Margaret J. Hartigan, CEO and Founder of Marstone. "We are humbled by the tremendous interest in our platform by some of the leading financial institutions both domestically and internationally and are excited to have Fiserv as a partner."
"From the start, Fiserv recognized Marstone as a winner, as well as a company with whom we would want to partner. Together, we set out to enhance and expand digital investment and advice tools to elevate the experience for all users," said Cheryl Nash, President, Investment Services at Fiserv. "Our collaboration has successfully led to seamless, integrated digital advice technology and a flexible, scalable solution. Marstone's 'Digital Advice' award from WealthManagement.com is both validating and well-deserved."
Marstone continues to be viewed as a best of breed partner by financial firms and the flexible digital advice platform allows each institution to tell their distinct story.
Marstone is a financial technology company based in New York, with additional offices in Providence, Rhode Island and San Francisco, California. The company provides banks, credit unions, mutual funds, insurance, and investment companies the ability to private label (white label) the Powered by Marstone platform, complete with custom branding, messaging and, if desired, investment and financial product mix. Marstone was conceived and developed to address three major challenges: Demystify finance for the retail investor; help financial advisors deepen their engagement with households, and help institutions retain and grow assets and talent. Additional information is available on www.marstone.com, or follow us on Twitter @MarstoneInc. Inquiries can be sent to [email protected].
Fiserv, Inc. enables clients worldwide to create and deliver financial services experiences that are in step with the way people live and work today. For more than 30 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiserv is a member of the FORTUNE® 500 and has been named among the FORTUNE Magazine World's Most Admired Companies® for four consecutive years, ranking first in its category for innovation in 2016 and 2017. For more information, visit fiserv.com.
SOURCE: Marstone Inc.