Concord Forms Strategic Relationship with Argus Research
Matawan, NJ-
September 30, 2009 – Concord, a leader in
outsourced wealth management solutions, has formed a strategic relationship
with Argus Research,, a leader in independent equity research.
Within the framework of Concord’s
comprehensive Universal Architecture platform, Argus’ research driven investment
models will be available to portfolio managers using the Concord Wealth
Management Platform.
According to Nicholas Mariniello,
Executive Managing Director of Concord, “Incorporating Argus into our platform extends
Concord’s approach to wealth management, which grants banks, brokerages and
other Concord clients the ability to integrate a wide range of products,
processes and technological capabilities into their own operational
infrastructure.”
“Concord is pleased to have
Argus as a portfolio model provider within our UMA and SMA offerings. Argus has a long history of providing quality
equity research and portfolio management to the financial services community,”
said Mr. Mariniello.
“Concord’s ability to
provide a user-friendly platform enables clients to have more hands-on access to
our research driven models,” said James Tierney, Director of Marketing for Argus Investors’
Counsel, Inc., the asset management division of Argus. “We’re
excited to offer our clients these new technology options and look forward to the
growth and future synergies this relationship promises.”
About Concord Wealth Management
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. For additional information,
please visit their website www.concordwealthmanagement.com.
About Argus
Argus Investors' Counsel is the
asset management arm of The Argus Research Group. We specialize in equity
investment management for institutional and private investors. Argus Research is a leader in independent
equity research offering in-depth fundamental research on more than 400 US and
International firms. The Argus
Research Group’s history dates back to 1934, with the
founding of Argus Research Corporation. For additional information,
please visit www.argusgroup.com.
Press contact: Holly
Hankins, 732.335.0800 x 9719, h.hankins@concordwealthmanagement.com.