Concord to Provide Alaska Trust Company

With Universal Architecture Wealth Management Platform

Matawan, NJ- September 25, 2008 – Concord, a leader in outsourced wealth management solutions, will provide Alaska Trust Company (“Alaska Trust”) with a universal architecture wealth management platform.

Lisa Russell, Alaska Trust’s Chief Investment Officer, said the firm was attracted to Concord’s platform because it offers a wide range of competitive managed account solutions for high-net-worth clients and institutions. “Concord’s powerful, customized platform will help to strengthen Alaska Trust’s presence in the wealth management arena, and provide our financial advisors with powerful tools to attract clients and manage their accounts,” said Russell.

“Our universal technology will allow Alaska Trust to integrate its service and product strengths into a proprietary, private-labeled platform that promotes the Alaska Trust brand,” said Nicholas Mariniello, Concord’s Executive Managing Director. He noted that Concord’s universal architecture platform provides bank sponsors with the flexibility to seamlessly combine a broad range of SMAs, managed models, mutual funds, ETFs and proprietary bank products, within or external to a UMA.

“The platform also provides for a high degree of automation that facilitates greater productivity and oversight as the firm grows,” he added.

About Concord
Concord designs, develops, and administers wealth management programs for numerous financial institutions including Trust and Private Banking Firms, independent financial advisors, broker dealers and family offices.  Concord’s team of experienced financial and technology professionals is frequently called upon to consult on open architecture wealth management platform design elements resulting in customized solutions for the wealth management intermediary.  By integrating some of the world’s best money managers with the financial institution’s existing asset management talent, Concord is able to dramatically expand the firm’s asset management capabilities.  Thorough manager due diligence, comprehensive portfolio design techniques, trust accounting and custodial interfaces, performance reporting, and numerous analytical tools are delivered to the client via an extremely robust technology platform.  Please visit www.concordwealthmanagement.com.

About Alaska Trust Company
Headquartered in Anchorage, Alaska Trust Company provides a full range of fiduciary services, including investment management, trustee, and custodial services, as well as customized wealth management.  Please visit www.alaskatrust.com for further information.

For further information, please contact Holly Hankins, 732.335.0800 ext. 9719, h.hankins@concordwealthmanagement.com.