Marstone is offering its TAMP to community banks

Marstone is offering its TAMP to community banks
North Carolina’s Bank of Oak Ridge will use Marstone’s platform combined with advice from Detalus Advisors.
SEP 18, 2022

Marstone, a white-label digital advice platform, said it’s now offering its turnkey asset management platform to community banks. Marstone announced that the Bank of Oak Ridge, which has multiple locations in North Carolina, will use its platform in combination with the services of Detalus Advisors. Other community banks could use the platform with Marstone’s own registered investment adviser.

With the addition of Marstone’s platform, customers of the Bank of Oak Ridge can access digital wealth management services via the bank’s website.

Marstone said its offering allows any community bank to provide digital wealth management services to clients in less than a month.

“Marstone offers a complete digital wealth management platform and financial health and wellness tool kit that enables community banks to meet their clients’ needs at a fraction of the time — and cost — that it would take to create a comparable solution in-house,” Margaret J. Hartigan, co-founder and CEO of Marstone, said in a statement.

InvestmentNews checks in with 40 Under 40 alumni

Latest News

SEC bars ex-broker who sold clients phony private equity fund
SEC bars ex-broker who sold clients phony private equity fund

Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.

The key to attracting and retaining the next generation of advisors? Client-focused training
The key to attracting and retaining the next generation of advisors? Client-focused training

From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.

Chuck Roberts, ex-star at Stifel, barred from the securities industry
Chuck Roberts, ex-star at Stifel, barred from the securities industry

"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.

SEC to weigh ‘innovation exception’ tied to crypto, Atkins says
SEC to weigh ‘innovation exception’ tied to crypto, Atkins says

Chair also praised the passage of stablecoin legislation this week.

Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest
Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest

Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.