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Financial Advisory  + Wealth Management  | 
Pensionmark, Vestmark Join Forces to “Revolutionize” Wealth Management

Pensionmark, Vestmark Join Forces to “Revolutionize” Wealth Management

Wealth management software, services and solutions provider Vestmark has entered a strategic partnership with financial advisory firm Pensionmark Financial Group, the financial services division of World Insurance Associates LLC, “aimed at revolutionizing the landscape of wealth management” by delivering personalized, multi-asset investment portfolios and tax management services to financial advisors and clients.

The Pensionmark collaboration expands Wakefield, MA-based Vestmark’s footprint in the wealth management industry, where it currently supports over $1.5 trillion in assets and 5.5 million accounts, and will offer Pensionmark’s advisors access to offerings, including Separately Managed Accounts (SMA) and Unified Managed Accounts (UMA), curated, advisor-managed investment options, and more.

“Pensionmark’s extensive expertise in the retirement space and commitment to the wealth management space, combined with Vestmark’s innovative technology platform VestmarkONE, and breakthrough outsourced portfolio management solution VAST, positions us to deliver front-line solutions to Pensionmark’s advisors,” said Vestmark CEO Karl Roessner.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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