The latest news in investment offerings, financial products, and other services relative to wealth advisors and their clients.
New York-based Benjamin F. Edwards, a wealth-management firm managing over $38 billion in client assets, has partnered with financial technology company Pontera to enable its financial advisors to manage clients’ retirement accounts, including held-away assets.
According to the Federal Reserve, the median American holds more than half of their net worth in retirement accounts. Now Edwards' advisors will be able to provide a better service to clients by integrating these assets into their personalized financial strategies, the firm said in a statement.
“Providing personalized advice and superior results for all of our clients is at the core of what we do at Benjamin F. Edwards,” said Tad Edwards, chairman, CEO and president of Benjamin F. Edwards.
“Partnering with Pontera is part of our commitment to putting clients first to create long-term value and ultimately a better retirement,” he added.