What the World Needs Now is....

What the world needs now is.... a way to lower the cost of advice. Being Chairman of the Vestmark board since its formation, I have seen the power of lowering costs at work at leading financial services firms.

What the world needs now is.... a way to lower the cost of advice. Being Chairman of the Vestmark board since its formation, I have seen the power of lowering costs at work at leading financial services firms.

My favorite memory from the early days is getting to know Mark, now my co GP. He envisioned how our software would bring value to the Advisory space. I envisioned the assets our new offering would generate. 

This led to the onboarding of LPL Financial as our first client. We saved the company about 15 basis points — a significant boost in a business where 50 basis points is often a starting point for services. 

Years later, many advisors and institutions are benefitting from Vestmark’s services. Leading players like JP Morgan and Fidelity rely on our platform.

What the world needs now is what we have at Vestmark: A low cost, intelligent platform to serve retail clients. 

Dave Blundin