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From NorwalkPlus.com News Rockit’s Industry-Leading Wealth Data Aggregation, Reconciliation, and Reporting Solution A Strong Fit for Wells Fargo Ultra High Net Worth Clients
The wealth information management solutions and services offered by Rockit Solutions will enable the Wells Fargo Family Wealth Group to provide its clients with a full spectrum of advice, resources and information on their wealth, regardless of where their assets are held. The service agreement was announced by Michael Cole, Executive Vice President and National Director of Wells Fargo Family Wealth Group, and Roy C. King, Chief Executive Officer and President of Rockit Solutions. Through web portal access, which also serves as the electronic delivery method for packaged reports and query capabilities, clients can conduct detailed searches and receive summary reports of holdings and transactions, as well as realized and unrealized gain/loss reports. User access is applied at the Client, Account, and Consolidated Account levels. Numerous other reports and notices can also be delivered to individuals and other entitled parties via the web portal. "We are very pleased that the Wells Fargo Family Wealth Group selected Rockit Solutions, LLC for its data integrity service needs,” Roy C. King said. He added, "The due diligence performed by Wells Fargo further validates, as clients also tell us, that Rockit provides the most comprehensive and integrated wealth information solutions available in the market.” “It is imperative that we provide our clients with a robust reporting solution that gives them information about their investments across all their assets, regardless of where the assets reside, and our extensive search for the right wealth information solution over the past year led us to the flexibility, capability and depth of Rockit’s integrated wealth technology platform,” said Cole. He added, "Early feedback from clients has been very positive. Rockit not only provides superior technology that expertly addresses the complexities of managing ultra high net worth family wealth, but also provides experienced professionals and superior service that is well matched to our own.” According to King, Rockit Solutions, LLC has worked very closely with the Family Wealth Group to selectively train their professionals on how to best utilize and successfully integrate the Rockit™ technology into Wells Fargo Family Wealth Group’s existing infrastructure, consistent with the Wells Fargo Family Wealth Group’s goal of providing ultra high net worth families with the information, guidance and tools they need to promote responsible stewardship of wealth today and for generations to come.
Wells Fargo.” About Rockit Solutions, LLC Rockit Solutions, LLC, a wholly-owned subsidiary of Rockefeller & Co., Inc., provides an industry leading wealth data aggregation and reporting solution for single-family and multi-family offices, high net worth individuals and financial institutions. Since 2000, the Rockit™ solution suite has enabled wealth holders and their advisors to make better financial decisions through Rockit’s proprietary technology and services which allows complex data from multiple sources—custodians, managers, brokers, banks and others—to be aggregated, processed and reconciled daily with unsurpassed attention to accuracy and timeliness. Rockit™ Command, with a powerful transaction processing system and an integrated general ledger, is the technology platform at the center of Rockit’s comprehensive solution, providing a single view of information originating from multiple and diverse data sources. The integral component of the solution suite is Rockit™ Data Integrity Services, teams of professionals who leverage Rockit™ Command technology platform to provide family office services. Rockit™ Custom Reporting, Partnership and Trust Accounting Services are also available to meet the specific needs of our clients. For more information about the RockitTM solution suite and our professionals, please visit our website at http://www.rockitco.com/, or call 866.497.9111. About Wells Fargo Wealth Management Group Wells Fargo Wealth Management Group offers a full range of financial services and products to help individuals and families build, manage, preserve and transfer their wealth. Wells Fargo Private Bank and Private Client Services provide teams of experienced local professionals who advise clients on complex financial issues, and provide them with investment management, private banking, trust and estate, insurance and brokerage services provided through Wells Fargo Investments, LLC. Wells Fargo Wealth Management Group oversees more than $256 billion in assets. Wells Fargo & Company (WFC) is a diversified financial services company with $609 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores and the internet (wellsfargo.com) across North America and internationally. Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two banks worldwide, to have the highest possible credit rating from both Moody's Investors Service, “Aaa,” and Standard & Poor's Ratings Services, “AAA.” © Copyright by NorwalkPlus.com |
