Vestmark, Invesco Partner to Expand RIA Channel
Vestmark, Inc., a wealth management software and services provider, and Invesco, a global investment management firm, have joined forces to provide portfolio solutions to registered investment advisors (RIAs) channels.
The Invesco platform of model portfolios offers multiple investment styles, managers and asset classes, including alternative assets.
RIAs using Invesco models will gain access to Vestmark VAST, a portfolio management service providing personalized investing and individual tax management, Vestmark said.
“This partnership marks a significant step toward providing RIAs with innovative portfolio solutions, combining Invesco’s investment experience with Vestmark’s breakthrough tax transition and tax management service, VAST, said Karl Roessner, CEO at Vestmark. “We are confident that this strategic partnership will be a game-changer in the RIA channel.”
Headquartered in Wakefield, MA and founded in 2001, Vestmark supports more than $1.5 trillion in assets and 5.5 million accounts.