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Charlotte, NC, October 17, 2024 – Adhesion Wealth, a leading provider of innovative wealth management solutions for RIAs, has been recognized as the winner in the category of Digital Innovation Technology/Solution Provider at the 2024 MMI/Barron’s Industry Awards, now in its 16th year. This prestigious award highlights the most innovative and influential firms in the investment advisory solutions industry.
“Winning the MMI/Barron’s Industry Award is a tremendous honor,” said Barrett Ayers, CEO of Adhesion. “This recognition reflects the hard work and dedication of our entire team. We are committed to continuing our pursuit of excellence and innovation in the industry. Thank you to MMI and Barron’s for this prestigious award.”
Adhesion Wealth enables independent advisors to differentiate their offerings with investment options that are more personalized than larger wealth management firms. Advisors using the Adhesion managed account platform can demonstrate their value through:
- Tax efficiency
- Direct and Personal indexes
- Differentiated investment strategies
Through Adhesion’s Manager Exchange (AMX) advisors may access a marketplace of third-party investment models which, when combined with the visibility of Adhesion’s Tax Alpha offering, delivers an additional 51.59 basis points of value to client accounts by systematically reducing tax liabilities. In 2023, clients utilizing Direct and Personal Index Models saw increased Tax Alpha results of an additional 22.01 BPS, totaling 73.60 BPS.
The winners were chosen by the MMI Industry Awards Steering Council and the MMI Membership Experience Committee, which includes representatives from asset managers, wealth managers, and solutions providers. This year, nominations were evaluated based on innovation, potential industry impact, and the ability to improve outcomes for financial advisors and investors.
About the Award Category
Digital Innovation – Technology/Solutions Provider: Recognizing a new technological innovation by a technology/solutions provider firm that enhances the investor or advisor experience with advisory solutions.
About Adhesion Wealth Advisor Solutions
Adhesion Wealth®, celebrating its 25th anniversary in 2024, is a leading provider of outsourced investment management solutions for registered investment advisors (RIAs). Adhesion Wealth empowers advisors with the ability to build their own multi-manager (UMA) strategies, access SMA strategies and use other turnkey investment solutions on the Adhesion Manager Exchange. Adhesion Wealth also provides advisors with personal and direct indexing, tax management, tax transitions, portfolio administration, practice analytics and client reporting. With Adhesion, advisors gain access to a scalable, multi-custodian platform upon which to grow successful practices.
About the MMI/Barron’s Industry Awards Program
The winners were selected by a specially appointed MMI Industry Awards Steering Council. The Steering Council consists of representatives from all segments of the MMI membership. After carefully reviewing the nominations submitted, the Steering Council determined a slate of finalists in each award category. The primary contacts at each of MMI’s member firms were eligible to vote to determine the winners.
About the Money Management Institute (MMI):
Established in 1997, the Money Management Institute (MMI) is the industry association representing financial services firms that provide financial advice and investment advisory solutions to investors. Through conferences, educational resources, and thought leadership, MMI facilitates peer-to-peer connections, fosters industry knowledge and professionalism, and supports the development of the next generation of industry leadership. MMI member firms are dedicated to helping individual and institutional investors, at every level of assets, plan for and fulfill their financial goals. For more information, visit www.MMInst.org.
About Barron’s
Barron’s is America’s premier financial publication, known for its market-moving stories. Published by Dow Jones since 1921, it reaches an influential audience of professional fund managers, financial advisors, affluent individual investors, financial-services professionals, and senior corporate executives. With new content available every day online and every week in print, Barron’s provides readers with an intelligible recap of recent market action coupled with insights on what’s likely to happen in the market in the days and weeks to come. In addition, the Wealth & Asset Management Group’s annual series of exclusive conferences for financial advisors and investors is dedicated to identifying, enhancing, and expanding best practices in wealth management. As a result of these initiatives, Barron’s is the trusted financial-publishing brand that
people active in the market turn to for information, ideas, and insights they can use to increase their professional success and enhance their personal, financial well-being.
Media Contact:
Vesselina Davenport
Public Relations & Communications
vesselina.davenport@assetmark.com
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