The exclusive partnership combines FinFolio’s investment management, trading, billing and client portals with StoneX Group Inc.’s extensive and world-class custodial and clearing services.
DENVER, CO, April 11, 2022 /24-7PressRelease/ — FinFolio, a modern solution for investment management and trading software, today announced a partnership with StoneX Group Inc., the market-leading custodial solution for US and international broker dealers and investment advisers. The partnership allows investment and wealth managers that custody with StoneX Group Inc. to download and import account data and activity, streamlining workflows and operations.
“StoneX Group Inc. is very excited to provide our custody and clearing clients with the ability to update their FinFolio investment management system on a daily basis,” said Steven zum Tobel, Managing Director, Correspondent Clearing Division of StoneX Group Inc. “We are glad to have partnered with FinFolio leveraging for our clients their modern, best-of-breed technology.”
FinFolio makes back-office software for professional wealth managers. The software does performance reporting, dashboards, billing, trade order management, rebalancing, composites, client portals, and has a comprehensive REST API for extensibility. FinFolio clients include investment advisers, financial planners and other wealth managers. FinFolio offers a fully outsourced, web-based solution that includes for each day the import & reconciliation of their StoneX Group Inc. client data.
“I am delighted to announce this partnership with StoneX Group Inc.,” said Matt Abar, CEO of FinFolio. “One of the most unique and valuable advantages that they offer is the personal connection that their colleagues have to the markets they serve. In addition, StoneX Group Inc. provides the service and solutions that their correspondents need to succeed which is the driving force behind the development of the interface with FinFolio. I look forward to working with StoneX Group Inc. and would like to thank their team for the assistance.”
FinFolio makes wealth management simpler! FinFolio makes an investment management software platform for financial professionals. The company has embraced an expanded definition of portfolio management which includes trading, rebalancing, billing, reporting, client portal, a REST API, and other elements of a financial adviser’s back office. FinFolio’s clients include investment advisers, financial planners and other wealth managers. For more information about FinFolio visit http://www.finfolio.com.
About StoneX Group Inc.
StoneX Group Inc. (formerly INTL FCStone Inc.), through its subsidiaries, connects clients with the global markets across all asset classes – providing execution, post-trade settlement, clearing and custody services through one trusted partner. Clients use its global financial services network to pursue trading opportunities, make investments, manage their market risk, and improve their performance. A publicly traded company (NASDAQ:SNEX) headquartered in New York City, StoneX Group Inc. and its 3,000 employees serve more than 35,000 commercial and institutional clients, and 340,000 active retail accounts, from approximately 70 offices spread across six continents.
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