NEW YORK--(BUSINESS WIRE)--Marstone, Inc., a leading digital wealth management platform, today announced the launch of BlackRock (NYSE: BLK) Model Portfolio Solutions on its platform. This partnership with BlackRock, one of the world’s largest asset management and financial services organizations, enables strategies such as the Target Allocation ETF to be accessed by and offered to Marstone’s broad client base efficiently, and at scale.
“Partnerships with leading asset managers like BlackRock enable our institutional clients to offer differentiated investment strategies to their end-clients ensuring that as an individual’s financial profile evolves their needs can continue to be met by their preferred partners,” said Margaret J. Hartigan, CEO and Founder, Marstone. “BlackRock’s Managed Portfolio Solutions is a perfect fit for Marstone as our clients seek to offer solutions from well-known and respected industry players. We continue to see tremendous interest in solutions that add ease to financial services and investment management, especially in the banking channel.”
Following an intensive review of Marstone’s model management capabilities, BlackRock’s model portfolios were made available to Marstone clients, with Marstone operating as a sub-advisor. In keeping with the company’s commitment to transparency, Marstone offers strategies from a select group of asset managers without charging any additional fees. BlackRock’s model portfolios are comprised of low cost, passive Exchange Traded Funds (ETFs) that are constantly monitored and updated several times per year.
About Marstone, Inc.
Marstone, Inc. is a leading digital
wealth management platform with a mission to enhance financial literacy,
deepen financial inclusion, and humanize finance for all. Its
enterprise-ready solution, Powered by MarstoneTM, enables
financial institutions to efficiently and affordably reach, acquire, and
retain clients who seek straightforward information and engagement
around their finances. As a proven and trusted technology partner,
Marstone has comprehensive integrations with custodians including
Pershing, core banking platforms including Fiserv, account aggregation
platforms, and investment managers, offering organizations the
opportunity to deploy a technology that will help future-proof their
businesses as consumer expectations for digital wealth management
evolve. To learn more about Marstone’s offering, please visit www.marstone.com
or contact us at info@marstone.com.
