To attract and retain digitally-native consumers, Detalus taps Marstone to ensure financial wellness can be easily accessed and managed from a single platform
NEW YORK–(BUSINESS WIRE)–Marstone Inc., a leading independent digital wealth technology provider, and Detalus Advisors, an investment advisory firm focused on attaining the diverse financial goals and objectives of individuals, families, and businesses, today announced a commercial relationship bringing Marstone’s digital wealth platform to Detalus clients. Detalus, which manages or advises over $1.6 billion in client assets, has offered Marstone to its customers since 2020.
“Our partnership with Detalus Advisors underscores the innovative and in-demand nature of Marstone and our evolution into a true financial wellness platform,” said Margaret J. Hartigan, Co-Founder and CEO, Marstone. “The pandemic, as well as the generational wealth transfer to digital natives, is forcing many institutions to realize that digital financial management and education is a must-have offering. Choosing Marstone as its partner for digital wealth services proves Detalus’ commitment to providing expertise and guidance to its clients, and we’re thrilled to support them as they acquire and retain customers with our essential digital toolkit.”
With this partnership, Marstone will power and act in a sub-advisory capacity for the day-to-day management of Detalus Advisors’ digital accounts, offering clients access to risk-based personalized portfolios, investment education, and a look into their complete financial picture to further learn and grow their financial understanding.
“Objectivity is at the heart of our mission at Detalus. In order to help our clients achieve their financial goals, it’s imperative that we offer a premier solution available to the market,” said Clint Lewis, Managing Director at Detalus Advisors. “The onset of the pandemic brought a significant increase in demand for digital offerings, and it became imperative that we offer a solution to meet and exceed customer expectations. With Marstone, we were able to launch an online investment offering faster than we ever could on our own, driving continued retention and revenue while meeting clients where they are.”
Marstone 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 Marstone™, 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. These integrations, in addition to Marstone’s partnerships with globally recognized foundations including the World Economic Forum Centre for the Fourth Industrial Revolution and leadership participation in the Milken Institute’s FinTech Advisory Committee, provide organizations the opportunity to deploy a technology that will help future-proof their businesses as consumer expectations for digital wealth management evolve.
About Detalus Advisors
Headquartered in St. Louis, Detalus Advisors (an SEC Registered Investment Advisor) is an investment advisory firm focused on attaining the diverse financial goals and objectives of individuals, families, businesses, and other institutions. Detalus’ team creates customized investment strategies, implements the plan, and continually monitors to drive client portfolios towards their goals. Detalus’ experience is balanced with innovation, technology, and state-of-the art analytical reporting to provide its clients with quality investment advisory and portfolio management services.