Articles from Marstone, Inc.

AltaOne Federal Credit Union is excited to announce a new chapter in financial empowerment by partnering with Marstone, Inc., a leading digital wealth management solutions provider, to bring an innovative and accessible wealth management experience to its members. This collaboration will empower AltaOne members with personalized investment options, professional guidance, and an intuitive platform designed to simplify their financial journey. By offering Marstone Wealth, AltaOne enhances its commitment to helping members achieve their financial goals with confidence.

Marstone, Inc., a leading digital investment and wealth planning firm, today announced it has raised an $8M Series B financing round led by Mendon Venture Partners and South Rose Capital, alongside new investors including the Castle Creek Launchpad Fund. The round also includes existing investor Equity Bank (NYSEEQBK). Marstone enables financial institutions to retain and generate deposits, increase non-interest income, and improve client servicing and satisfaction by launching a wealth practice for less cost than an average full-time hire.

Marstone, Inc., a leading digital investment and planning firm, today announced it has partnered with Woodforest National Bank® (Woodforest), headquartered in The Woodlands, Texas with over 760 branches nationwide, to bring its digital wealth offering to Woodforest’s customers.

Marstone, Inc., a leading digital wealth technology firm, today announced its collaboration with Jack Henry™ (Nasdaq: JKHY). The partnership allows bank customers who use Jack Henry’s Banno™ digital banking platform to also access Marstone’s digital wealth platform via a single sign-on (SSO).

Marstone, Inc., a leading digital wealth technology firm, today announced its partnership with Equity Bank, to help make personal investing simpler for the Bank’s customers.

Marstone, Inc., a leading digital wealth technology firm, today announced it has partnered with Grupo Bancolombia (CIB), the largest bank in Colombia by total assets, and the first Colombian financial institution listed on the New York Stock Exchange (NYSE), to provide its cutting-edge digital investment platform to Bancolombia Capital’s Latin American customers. To frictionlessly provide this product, Marstone is working with BlackRock, Inc. (BLK), a multinational investment firm based in New York City to provide Bancolombia Capital clients with access to select UCITS strategies. To allow for a more seamless customer experience, Marstone’s platform is now multilingual, supporting Bancolombia Capital clients in Spanish as well as English. Clients will now be able to open US-based accounts and invest completely digitally while diversifying their exposure.

Marstone, Inc., a leading digital wealth technology firm, today announced it has been named one of American Banker’s “2023 Best Places to Work in Financial Technology.” Created in 2017, the awards program is led by Best Companies Group as well as Arizent, whose brands include American Banker, National Mortgage News, PaymentsSource, Financial Planning, and Digital Insurance.

Marstone, Inc., a leading digital wealth technology firm, today announced it has partnered with Red River Credit Union (RRCU), a premier financial institution with more than $1.3 billion in assets, to provide its business-ready, digital wealth management platform and Wealth Management-as-a-Service offering to RRCU’s 115,000 members. RRCU is based in Texarkana, TX, with thirty branches across Texas, Arkansas, Louisiana, and Mississippi.

Marstone, Inc., a leading digital wealth technology firm, today announced it has partnered with American Bank & Trust, N.A., a $500 million community bank, to provide its turnkey digital wealth management platform and Wealth Management-as-a-Service offering across American Bank & Trust’s branches. A wholly-owned subsidiary of AmBank Holdings, Inc., American Bank & Trust is based in Davenport, IA, with seven branches across Iowa and Illinois.

Marstone, Inc., a leading digital wealth technology firm, today announced it is expanding its Board of Directors with the addition of Anton V. Schutz, founder and president of Mendon Capital Advisors Corp. Schutz was elected to Marstone’s Board in January 2023.

Marstone, Inc., a leading digital wealth technology firm, today announced the launch of its Marstone@Work solution, delivering its turnkey digital wealth management platform to corporate employee bases. The product was launched earlier in 2022, with broader rollout planned for the end of 2022. Engagements with Marstone@Work as a workforce solution are now available alongside traditional financial benefits for employees including 401K plans that are material drivers of employee retention.

Marstone, Inc., a leading digital wealth technology firm, today announced it is expanding to offer its turnkey digital wealth management platform to community banks across the country via direct engagement with Marstone’s Registered Investment Advisor (RIA) or through partnerships within Marstone’s RIA network. The solution is being deployed as a tri-party partnership between Detalus Advisors, an investment advisory firm focused on attaining the diverse financial goals and objectives of individuals, families, and businesses, and the Bank of Oak Ridge, a community bank with multiple locations in North Carolina. Future community bank clients can also select to utilize Marstone’s own (RIA) depending on their wealth management strategy.

Marstone, Inc., a leading digital wealth technology firm, today announced its newest product, Marstone Maps™, a financial health and wellness platform for institutions that enables end clients to set, plan for, and evolve their financial goals. Benefitting from a dynamic, digital-first solution, end clients are offered strategies from Marstone’s team of industry experts to meet their unique financial situation and ambitions. Marstone Maps is launching with its first institution to provide sophisticated, personalized, and transparent financial health and wellness experiences to existing and new clients without both the technical lift and material expense of building an in-house solution.

Marstone, Inc., a leading digital wealth technology firm, today announced a commercial relationship with American Century Investments, the $230 billion* global asset manager, providing clients with Marstone’s digital wealth management platform. This relationship marks the start of a new, digital-first business line for American Century, opening up its portfolios to a broader client base due to lower initial investment amounts, and providing Marstone’s digital advice services via its trusted client portal. As end clients’ investment needs change and new clients seek out advanced digital wealth solutions from their chosen financial partners, Marstone provides a modern, unified customer experience that enables clients to open and manage their unique digital advice accounts. Together, Marstone and American Century are striving to provide a futureproof investment platform for the next generation of investors.

Marstone, Inc., a leading digital wealth technology firm, today announced the second close of a $5 million Series A financing round bringing the company’s total funding to over $20 million. The first close, led by Apex Fintech Solutions LLC, the “fintech for fintechs” powering innovation and the future of digital wealth management, was completed in May 2020, with Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (“Amerant”) leading the latest with a $2.5 million investment. Other Series A participants include Peter Kraus, John Thain, Kristen Dickey, Tom Freeman, Michael Rafferty, Richard Wastcoat, and other early investors. Founded in 2013 by Margaret Hartigan and Robert Stone, Marstone is a one-stop digital wealth platform accelerating customer-facing strategies for global organizations.