WAKEFIELD, MA--(Marketwired - May 05, 2016) - Vestmark, a premier cloud-based technology provider for unified wealth management solutions, was named Advisory Solutions Provider of the Year in the Technology and Operations Platform award category by the Money Management Institute.

Vestmark was selected as the vendor that best exemplified excellence and qualities most valued by investment managers, program sponsors, and financial advisors. Vestmark received more nominations than any other candidate and was acknowledged for being a partner and not just a vendor.

Vestmark was also recognized for its continuous commitment to advancing its unified wealth management platform, VestmarkONE, with improved scalability, flexibility, and customizability, as well as the firm's outstanding support services.

Vestmark's award was presented during MMI's annual Gateway to Leadership Industry Recognition Dinner in Washington, DC on April 20, 2016. MMI members submitted nominations for the 2016 Industry Leadership Awards, and a special committee representing all segments of MMI's membership selected the finalists. The winners were determined by a vote of MMI member firms.

"We are proud to receive this industry recognition. Since our inception in 2001, Vestmark has maintained a firm commitment to developing scalable technology that enables our clients to efficiently deliver their advice," said John Lunny, CEO of Vestmark. "As we celebrate our 15 year anniversary, taking home this prestigious award validates our groundbreaking efforts."

Since 1997, The Money Management Institute has been the leading voice for global financial services organizations that provide financial advice and professionally-managed investment advisory solutions to individual and institutional investors. Through industry advocacy, educational initiatives, regulatory affairs, data reporting, and professional networking, MMI supports and advances the growth of a diverse spectrum of investment advisory solutions that serve an evolving worldwide financial landscape. MMI member organizations are committed to the highest standards of fiduciary responsibility and ethical conduct and to creating the most successful outcomes for investors at every level of assets. For more information on MMI and their Industry Leadership Awards visit, www.MMInst.org.

About Vestmark

Vestmark is the premier technology provider for comprehensive unified wealth solutions utilized by financial advisors and institutions. Vestmark provides VestmarkONE, the award-winning technology platform, to help clients gather more assets, increase operating efficiency, and minimize risk. Since 2001, the platform has grown to manage over 1.5 million accounts, representing over $500 billion in assets under management.

For more information about Vestmark's solutions, call (781) 224-3640, email inquiry@vestmark.com, or visit www.vestmark.com.

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Contact Information:

(781) 224-3640