Vestmark Inc

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23 Years

in Business

Accredited

Business

(781) 224-3640Call Visit WebsiteVisit Website Map & DirectionsDirections100 Quannapowitt Pkwy Ste 205Wakefield, MA 01880 Write a ReviewWrite Review

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Hours

Regular Hours

Mon - Fri:	9:00 am - 5:30 pm

Places Near Wakefield with Financial Services

Woburn (7 miles)
Burlington (9 miles)
Malden (10 miles)
Medford (11 miles)
Danvers (13 miles)
Lynn (13 miles)
Arlington (13 miles)
Peabody (13 miles)
Lexington (14 miles)
Somerville (14 miles)

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General Info

Founded in 2001, Vestmark is a full-service investment technology company. It offers services to the investment and overlay managers, sponsors and outsourcing service providers in the managed accounts industry in the United States. The company also provides a Web-based technology, Vestmark Managed Accounts Platform. Additionally, Vestmark is engaged in the data and communications standardization efforts of the Money Management Institute (MMI) and the Depository Trust and Clearing Corporation (DTCC). It provides a variety of training programs and implementation solutions. The company specializes in managed and support services. Vestmark has a range of operations in Massachusetts and New Jersey.

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Extra Phones

TollFree: (855) 626-8281

Location

One Kendall Square

Neighborhood

Other Links

http://www.vestmark.com

https://www.vestmark.com/contact

Categories

Financial Services, Financial Planners, Financial Planning Consultants, Investment Advisory Service, Investment Management, Investments, Mutual Funds, Stock & Bond Brokers, Tax Return Preparation

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Details

Phone: (781) 224-3640

Address: 100 Quannapowitt Pkwy Ste 205, Wakefield, MA 01880

Website: http://www.vestmark.com

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Vestmark Inc

Charitable Giving
Estate Taxes
Tax Services
VAST is an entirely new way of bringing personalization and tax management to retail investors. VAST seeks to harness the unique capabilities of Separately Managed Accounts (SMAs) to enhance the investment experience of an entire portfolio.
Income Tax
VAS can implement trades in accounts that may trigger significant tax consequences as it seeks to manage accounts consistently with strategy investment objectives, including, if required, to sell securities used to fund an investor’s account. Therefore, assets in accounts may be sold for a taxable gain or loss at any time. While VAS makes a good-faith effort to make tax-optimal investment recommendations for investors, VAS cannot guarantee the effectiveness of its tax-efficient optimization methodologies in serving to reduce or minimize an investor’s overall tax liability. Additionally, while VAS will monitor for wash sales within an account, VAS does not prevent wash sales in all cases, and as a result, wash sales may occur from trading in multiple accounts held by an investor, including multiple accounts held by the same investor. Furthermore, VAS cannot prevent wash sales that may occur due to investor or financial advisor requests that impact trading in a particular account, including trades that may occur within 31 days preceding or following account inception. VAS considers the ability to harvest losses as part of its tax-efficient optimization methodologies employed for an account. There is no guarantee that the tax-loss harvesting optimization used for VAST will reduce, defer or eliminate the tax liability generated by an investor’s investment portfolio in any given tax year. Individual stock positions can experience price declines, possibly below an investor’s adjusted tax basis in the security (as determined by the tax basis information on record for the investor’s account). In such instances, losses can be realized in the investor’s account for tax purposes. In cases where a position is sold to realize a capital loss for tax purposes, the position usually will be replaced with investments VAS believes will maintain consistent benchmark exposure. Such replacements may be guided or constrained by the sponsor firm, and such limitations on replacements may cause the portfolio's performance to deviate from the underlying model(s) or benchmark(s) or incur an unintended tax liability. In harvesting tax losses, VAS does not attempt to harvest every tax loss that occurs in an investor’s account. Furthermore, each specific lot of securities in an investor’s account—a block of shares bought at a particular time at a particular price—is reviewed and the potential federal and state income tax burden associated with selling that lot is weighed against the potential investment merits of the sale, such as performance potential, added diversification, and support of risk-management strategies. Once VAS decides to sell an eligible security, it will attempt to sell the lot(s) that will generate the lowest overall federal income tax burden (or generate a loss for tax purposes) using the tax basis and holding period information on record. While VAS attempts to apply the investor's anticipated federal and state tax rates based on informa
Capital Gains Taxes
VAS is not a tax advisor, and VAST is not designed to address client-specific tax objectives. VAS considers the potential federal and state capital gains tax consequences to individuals of holding, buying and selling securities within the strategies VAS sub-advises. VAS does not consider other taxes, including (but not limited to) alternative minimum tax, foreign taxes (including those applied to dividends and potential reclaim), tax rules that apply to entities, estate taxes, gift taxes, or generation-skipping taxes. Federal and state laws are complex and subject to change, and any such changes may have a material impact on pretax and/or after-tax investment results. Investors should seek professional tax advice.

Investment Management
A multi-custody solution enabling scale, flexibility and powerful advisor tools and services to optimize your outsourced investment management offering.
Mutual Funds
VAST Focused Index Portfolios are model SMAs, based on Indices developed by S&P Dow Jones Indices, and exclusive to VAST™. These index strategies can be customized with a small number of security-level restrictions and included in a diversified allocation of index-based SMAs and select ETFs and mutual funds.
Bonds
Wealth Management
An innovative wealth management SaaS solution that simplifies the construction and management of highly tailored portfolios. Request a Demo

Accounting Services

Financial Planning
With Vestmark’s robust trading and custody network and ever-expanding API library, you can leverage your other technology investments across CRM, financial planning, account aggregation, digital onboarding, and more.
Asset Management
Vestmark Advisory Solutions, Inc. (“VAS”), a wholly-owned subsidiary of Vestmark, Inc., is a registered investment advisor registered with the U.S. Securities and Exchange Commission (the “SEC”). VAS provides asset management and related services for clients nationally. VAS files and maintains all applicable licenses as required by the state securities regulators and/or the SEC, as applicable. VAS renders individualized responses to persons in a particular state only after complying with the state’s regulatory requirements, or pursuant to an applicable state exemption or exclusion.

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