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Investment management software for financial professionals
$31 - $48Hourly
No H1B Sponsorship
Remote in USA
Seeking US and Canadian students only.
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Addepar provides investment management software designed for financial professionals like asset managers and financial advisors. Its platform aggregates and analyzes financial data, offering insights that assist users in making informed investment decisions. The software enables users to align portfolios with specific targets, model asset allocations, and evaluate hypothetical performance across various scenarios, including the management of illiquid assets. Addepar's subscription-based model includes features for billing and fee management, ensuring transparency in costs associated with portfolio management. This focus on data and technology distinguishes Addepar from competitors, as it empowers investment professionals to optimize their clients' financial goals in a dynamic market.
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$625.3M
Headquarters
New York City, New York
Founded
2009
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Equity: Stretch the idea of ownership beyond your day-to-day and take pride in being an owner in the growth of Addepar
Global Hybrid Workforce: Whether you work remotely or on-site, you’ll have the opportunity to build and collaborate with colleagues around the world
Flexible Time Off: Spend time traveling, celebrating with friends and family or relax on your schedule
Benefits Packages: Competitive medical, dental and vision benefits along with a monthly wellness allowance to keep you healthy and happy
Learning & Development Allowance: Your continued growth and development are important to us
Dynamic Team: Strong investment in the best talent at the intersection of technology and finance
Great-West Lifeco announced the acquisition of Pennsylvania-headquartered Plan Management Corp. in a release on Sept. 23, but did not disclose the deal's financial terms.
Addepar, a technology provider for RIAs and wealth managers, has announced the launch of its trading platform, the rollout of dashboard enhancements and other enhancements to its products.
NEW YORK, Sept. 24, 2024 /PRNewswire/ - Addepar, a leading global technology and data platform for investment professionals, today announced the launch of Addepar Trading, Dashboards, and other design enhancements to streamline advisor workflows and deliver deeper insights for clients.
Collaboration aligns Corient's growth goals and focus on client excellence with Addepar's robust technology, data foundation and scalable infrastructureNEW YORK, May 23, 2024 /PRNewswire/ -- Addepar , a global technology and data company for investment professionals, announced today that it has been selected by Corient Private Wealth LLC ("Corient") , a leading U.S. wealth management firm serving high- and ultra-high-net-worth clients, as its central platform for client portfolio data aggregation and performance reporting."Through this partnership, our advisors and clients will have access to unrivaled reporting and high-quality data analysis from Addepar's market-leading technology," said Lennie Gullan, Partner and Chief Operating Officer at Corient. "As one of the country's largest and fastest-growing integrated wealth management firms, we have built a highly differentiated technology platform through significant investments in best-in-class technologies. We believe Addepar is well-equipped to support the complex needs of our advisors and clients, while also being capable of innovating at the pace our business requires."Addepar will be the exclusive portfolio data aggregation and performance reporting solution across Corient's extensive client portfolio of $1601+ billion in assets."We are thrilled to partner with Corient," said Peter O'Brien, Global Head of Sales and Partnerships at Addepar. "With Addepar, Corient will be able to create firm-wide efficiencies and streamline its tech stack and data management, minimizing complexity while elevating both the advisor and client experience.""As the industry continues to consolidate, Addepar is committed to meeting our clients where they are to transform the way investment professionals manage important client relationships and deliver on a full offering to create lasting value," said Eric Poirier, Chief Executive Officer at Addepar. "Like Corient, Addepar is committed to delivering unrivaled client excellence, and we believe this partnership will do just that."The Addepar platform provides investment professionals with a complete portfolio solution for managing and aggregating data, performing analysis, reporting and communicating with clients in a modern way
Inside Addepar, a quarterly update of Addepar platform developments, research insights and client, partner and company announcements has been released.Addepar says that it just “completed a strong first quarter, building on their momentum from 2023 and setting the stage for an even stronger 2024.”Addepar notes in a blog post that they “automated bill tracking and reconciliation and enabled you to make edits to your ownership map, directly within the module.”Addepar Research published a report “on managing exposure to breakthrough technologies like ChatGPT in collaboration with Stanford’s Research Initiative on Long-Term Investing, and we spotlight new integrations with Asset-Map, Orca and WealthHub.”Addepar’s approach to portfolio modeling remains focused and strategic, “defining complex ownership structures in a hierarchical view that enables you to click down into individual holdings or collapse entire portfolios.”Addepar says that it started 2024 by “making the ownership map more powerful.”Now clients can use the map “as a visual guide to edit ownership faster and with fewer mistakes. Create, link and unlink entities without leaving the page, and those edits will be immediately reflected across the entire application.”Addepar now reconciles fees “for you every hour, simplifying the billing process so you can focus on the exceptions. For every Bill to Account, bills will get marked as paid when a received account fee matches the bill within one cent.”Addepar clients can review the Release Notes “for details on latest product updates.”Many investors are considering “how new technologies – including ChatGPT and other forms of generative AI – may impact their portfolios.”Addepar Research, in partnership with Stanford’s Research Initiative on Long-Term Investing, released a study of “how professional investors manage such tech disruption risks and opportunities.”Addepar is also pleased to share new partnerships with Asset-Map, Orca and WealthHub.As explained in a blog post, Asset-Map creates reports “that visualize all of a household’s members, entities, financial assets, liabilities, cash flows and insurance policies, providing a straightforward way to quickly address gaps in a financial plan and uncover new opportunities.”Orca is an intelligent software application “built to help anyone who owns, manages or supports an ownership structure to gather, visualize and share legal, tax and compliance data.”WealthHub’s fiduciary management solution “integrates investment data and reporting with automated workflow, contact management and prospecting, task scheduling, document management, and compliance.”Addepar further noted that they announced Bob Pisani is now Addepar’s Chief Technology Officer, “leading global engineering teams to deliver ambitious, client-centric innovations.”Bob brings decades of deep hands-on engineering and financial services expertise “to accelerate business and drive client growth on a global scale. Learn more about his appointment here.”
Company closes 2023 with over $5 trillion in client assets on its platform and compounds its growth as the industry leading technology and data foundation for global financeNEW YORK, March 5, 2024 /PRNewswire/ -- Addepar, a global technology and data company trusted by the world's leading investment and advisory firms, announced today that Bob Pisani will serve as Chief Technology Officer, leading Addepar's global engineering teams to continue delivering ambitious, client-centric innovations. Pisani joined Addepar in 2020 to head Addepar's Platform Engineering, where he built and managed the teams driving Addepar's data, compute, and AI developments. Today this serves as the foundation for Addepar's global multi-product strategy.Prior to joining Addepar, Pisani served as CTO at Schonfeld Strategic Advisors, a multi-billion dollar global hedge fund. He also held a leadership role at Amazon Web Services (AWS) in Solutions Architecture for Private Equity. Pisani brings decades of deep hands-on engineering and financial services expertise to lead Addepar's world class technology teams. He has a proven record of aligning product, business and technology strategy to enable the delivery of best-in-class technology solutions that accelerate business and client growth."Bob has excelled at Addepar since day one, showcasing his passion for technology and finance paired with his outlier skills in leading exceptional people and teams to achieve extraordinary outcomes
Baker Tilly, an advisory, tax and assurance firm dedicated to custom solutions that generate and sustain growth has entered a new partnership.Baker Tilly, and their subsidiary, Baker Tilly Wealth Management, a registered investment advisor, provide “a range of private wealth services to high-net-worth and ultra-high-net-worth clients.”They partnered with Addepar in order “to help grow their Family Office client base, diversify revenue streams and continue to provide the best in personalized, transparent wealth solutions.”Leveraging Addepar’s clean data, tools, and open platform has “allowed them to deliver a more extensive offering to existing – and new – clients.”While they’ve found that every client is unique, many Family Offices require multiple services from Baker Tilly, such as wealth management, tax advisory and accounting services.They see many families who have “been overseeing their entire financial picture by themselves. Needless to say, that becomes both time-intensive and difficult to manage. So it felt like the right time to invest in their Family Office practice and bring an integrated and differentiated solution to our clients, taking that burden off of them and, ultimately, making their lives easier.”While expanding both Private Wealth and Family Office practices, Baker Tilly realized that the technology piece was “foundational to success.”That’s why they developed and “launched Family Wealth Insights, an investment reporting solution that leverages technology to give their clients a comprehensive view of their wealth.”And, as they work with new clients, they continue “to shape Family Wealth Insights, customizing it to what each specific client needs.”The result is a Family Office practice centered “around providing a custom, bespoke experience that streamlines and simplifies each client’s life.”Their Family Wealth Insights offering “leverages the power of Addepar to aggregate our client’s investments into a single personalized financial dashboard. With all of their assets in one consolidated, continually updated view, our clients can gain a full picture of their wealth and then use that information to make more informed decisions.”Their advisors also use that information “to suggest strategic solutions and provide advice.”This solution also enables clients to “connect their general ledger accounting systems, like Sage Intacct, and streamline their outsourced accounting.”That makes it unique, helpful and a truly differentiating offer.In doing their due diligence, Addepar rose “to the top of our list as the clear choice for two reasons. First, it has an investment reporting platform. Second, they appreciated that Addepar was a stand-alone, specialized performance reporting system on an open platform with integrations like eMoney and KnowLedger that could connect to Sage Intacct, a cloud financial management software key to our custom financial management solutions.”The connection between KnowLedger and Sage Intacct has “been altogether invaluable to our general ledger accounting work.”The ability to seamlessly transmit data “has maximized efficiency for us and for our clients
One of the books tech founders consistently quote is “Crossing the Chasm” by Geoffrey Moore. It has become something of a bible for tech sales and marketing. Although Moore wrote the book in 2006, some of his thinking could have been written about the current state of artificial intelligence. “To get an early market started requires an entrepreneurial company with a breakthrough technology product that enables a new and compelling application…,” one quote reads. “[It needs] a technology enthusiast who can evaluate and appreciate the superiority of the product over current alternatives, and a well-heeled visionary who can foresee an order-of-magnitude improvement from implementing the new application.”
Addepar has shared its latest platform updates, along with providing research insights, and client, partner and company-wide developments.For this past month, Addepar is highlighting product updates “that elevate the Client Portal, as well as new attributes in Calculations.”Addepar also share a number of company updates “to wrap up 2023.” Starting in 2024, Inside Addepar will shift “to a quarterly cadence to give readers more in-depth and well rounded updates.”Product Updates:Auto-publish reports to the Client PortalWith this update, you can now set up Addepar to automatically “share scheduled and manually-run reports to the Client Portal and notify contacts of shared reports according to every contact’s preference.”You can also see which portfolios “have a PDF shared in the Portal on the report’s new Published status tab.”Auto-publish reportsCalculationsTwo new attributes are “available in Calculations this month. Uses Average Cost calculates net average cost for positions and minimizes cost basis issues from international data feeds, while Cost Basis Source shows the method used to determine a position’s cost basis.”Uses Average Cost attributeAddepar clients can “review the Release Notes for details on their latest product updates.”As mentioned in a blog post, earlier this month, Requisite Capital Management Managing Partner Bryn Talkington and Addepar Head of Client Engagement and Success Management Rob Sheahan joined WealthManagement.com “to discuss the unique challenges and opportunities facing the RIA industry in 2024.”Addepar is also pleased to celebrate “a monumental milestone at Addepar – surpassing $5 trillion in client assets managed on our platform.”This achievement reflects “the trust, commitment and partnership we share with the 1,000+ client firms we serve around the globe.”Addepar has also acknowledged Sally Buchanan, Addepar’s Chief Human Resources Officer, for being recognized in the HR Executive of the Year category as part of the Best in Biz Awards 2023. Sally and her team are consistently “investing in Addepar’s culture with clear focus and intention as we grow on a global scale.”Addepar is also pleased to announce “that Delisha Grant and Janeen France have both been named to the NYC Fintech Women Inspiring FinTech Females 2023 list, which recognizes the amazing work so many inspirational leaders in fintech have achieved this year.”As covered, Addepar is “a software and data platform that is purpose-built for professional wealth, investment and asset management firms to deliver outstanding results for their clients. We’re helping our clients unlock the power and possibility of more informed, data-driven investing and advice.”Their platform was created “to empower investment managers to make data-driven and more confident investment decisions, and to clearly see how assets are performing and where they might be exposed.”Most recently, they’ve expanded capabilities to “include Navigator for scenario modeling and AdvisorPeak Trading & Rebalancing to address portfolio drift.”
This month, Addepar are excited to partner with SideDrawer.