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.
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