As part of the managed account offerings, Cambridge will integrate FolioDynamix for proposal generation, investment model management, trade order management and reporting with overlay management.
Cambridge president Amy Webber said that the company opted for the FolioDynamix wealth management platform as part of its managed account offerings due to integrated wealth management technology capabilities and the configurability of the platform.
FolioDynamix president and CEO Joseph Mrak stated the selection by Cambridge demonstrates that FolioDynamix is emerging as a leading wealth management technology option for the broker-dealer channel due to its ability to address the full wealth management lifecycle across the business with a single integrated and scalable platform.
FolioDynamix provides web-based technology platform for managing the full wealth advisory lifecycle – including proposal and on boarding, research, model management, portfolio accounting, trade order management, operations, reporting, and performance analytics.
Cambridge Investment Research operates as an independent, privately owned broker-dealer with over 2,200 independent registered representatives and $47.3bn assets under management.
