Vestmark

Vestmark

Portfolio management and trading software solutions

About Vestmark

Simplify's Rating
Why Vestmark is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Fintech

Financial Services

Company Size

201-500

Company Stage

Series B

Total Funding

$40.3M

Headquarters

Wakefield, Massachusetts

Founded

2001

Overview

Vestmark provides portfolio management and trading software tailored for broker-dealers, investment managers, bank trusts, and financial advisors. Its main product, the VestmarkONE platform, simplifies the management of personalized, multi-asset portfolios by offering features like portfolio construction, advanced trading, rebalancing, tax-sensitive trading, compliance, risk management, and automated reconciliation. This integration allows clients to enhance their operational efficiency and reach new audiences. Unlike many competitors, Vestmark focuses on improving middle and back-office operations, enabling clients to concentrate on strategic goals and client interactions. The company's goal is to help financial institutions operate more effectively and drive growth through its software-as-a-service model.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for personalized investment solutions boosts Vestmark's direct indexing offerings.
  • AI integration in billing solutions through PureFacts partnership enhances operational efficiency.
  • Consolidation in wealth management creates opportunities for Vestmark's scalable solutions.

What critics are saying

  • Emerging fintech startups offer similar SaaS solutions at lower costs, threatening market share.
  • Continuous platform updates needed to stay competitive may impact Vestmark's profit margins.
  • Integration challenges with PureFacts partnership could disrupt service delivery if mismanaged.

What makes Vestmark unique

  • Vestmark's VestmarkONE platform integrates portfolio management, trading, and compliance in one solution.
  • The company offers award-winning direct indexing solutions, recognized in 2024 WealthManagement.com Awards.
  • Partnerships with industry leaders like BlackRock enhance Vestmark's portfolio management capabilities.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$40.3M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Medical, Dental, and Vision - Vestmark pays 90% of our employees’ medical and dental coverage which are administered through Blue Cross Blue Shield (BCBS) along with Eyemed for vision.

Vestmark 100% Paid Benefits - Vestmark is proud to offer maternity and parental leave, Life, Short-Term and Long Term Disability Benefits at no cost to the employee, and Employee Assistance Program and work-life benefits.

Generous PTO - Vestmark employees receive between 15 and 25 days per year of paid time off based on years of service in addition to receiving 10 days per year of paid sick leave.

Diversity - At Vestmark, we strive to create an inclusive workplace that fosters, embraces and celebrates diversity and fairness. We continue to build a comprehensive culture where all employees are Welcomed, Valued, Respected and Heard.

Flexible Spending Account (FSA) - Vestmark employees can contribute annually to health care and dependent care FSAs and participate in our employer-matched HSA program.

401(k) with Employer Matching - Vestmark will match the employee’s 401(k) and ROTH contribution up to 50% of the first 8% per pay period with a two-year vesting component.

Company Equity - Vestmark also offers additional compensation in the form of Restricted Stock Units (RSUs). Our RSUs are issued through a vesting and distribution schedule after achieving required milestones.

Match Charitable Contributions - Vestmark is very proud of our Charitable Giving Program. We will match up to $250 annually to an approved charity of our employee's choice.

Stay Fit - Exercise your mind and your body with our on-site gym located at our Wakefield, MA headquarters. If you can't take advantage of our corporate gym, our Blue Cross Blue Shield plan offers fitness reimbursement.

Pet Insurance - Employees may choose to enroll in pet insurance at a discounted rate.

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

0%
Montreal Gazette
May 7th, 2025
Vestmark Partners with Corient to Provide Consolidated Trading and Portfolio Management Across Entire Network of Advisors

Vestmark, Inc., a leading wealth management software and services provider, announced today a strategic partnership with Corient, one of the nation's largest and fastest-growing wealth advisors.

VentureFizz
Mar 10th, 2025
International Women's Day 2025 - How Tech Companies are Recognizing the Day

Vestmark will be hosting a SheTo event which is the largest private network of women and non-binary engineering leaders.

Vestmark
Oct 30th, 2024
Vestmark Names Freedom Dumlao Chief Technology Officer

Vestmark, Inc. is pleased to announce that Vestmark has named Freedom Dumlao the company's new Chief Technology Officer (CTO).

Wealth Management
Sep 25th, 2024
Vestmark Partners with BlackRock on Custom Model Portfolios

Vestmark announced a partnership with BlackRock meant to combine advanced portfolio management with tax management capabilities.

Vestmark
Sep 6th, 2024
Vestmark Wins Award for Direct Indexing Solution at 2024 WealthManagement.com Industry Awards

WAKEFIELD, Mass. - September 6, 2024 - Vestmark, Inc., a leading provider of wealth management software and services, has won the "Wealthies" award for Outstanding Achievement in Direct Indexing by Technology Providers at the 2024 WealthManagement.com Industry Awards.

Recently Posted Jobs

Sign up to get curated job recommendations

Java Software Engineer

Wakefield, MA, USA

Full Stack Software Engineer - Ruby on Rails

Cambridge, MA, USA + 1 more

Associate Application Performance Engineer

Wakefield, MA, USA

See All Jobs

Vestmark is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Vestmark's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Vestmark

Vestwell

Vestwell

New York City, New York

Atomic

Atomic

San Francisco, California

Vise

Vise

New York City, New York

Full Stack Software Engineer - Ruby on Rails

Cambridge, MA, USA + 1 more

Associate Application Performance Engineer

Wakefield, MA, USA

See All Jobs

Vestmark is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Vestmark's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Vestmark

Vestwell

Vestwell

New York City, New York

Atomic

Atomic

San Francisco, California

Vise

Vise

New York City, New York