- Bolton plans to rollout the FolioDynamix platform over the next two months.
- The technology will be implemented for trading, portfolio management, and advisory services
Bolton Global Capital has recently signed an agreement with technology solution provider FolioDynamix for trading, portfolio management, and advisory services. Advisors will be able to leverage the institutional-quality trading interface to manage the entire client lifecycle, from account opening to rebalancing; they will also have access to a series of managed account options that have undergone extensive due diligence review.
“FolioDynamix offered a degree of flexibility that was very attractive to us,” says Steve Preskenis, President of Bolton Global. “The trading interface and overall solution was exactly what our advisors were asking for; many come to us from a wirehouse background, and this technology actually offers a better experience than what they were used to.”
Bolton plans to rollout the FolioDynamix platform over the next two months. As a multi-custodial solution with an integration already in place with Pershing, Folio offers an efficient onboarding experience.
“We believe strongly that the advisors who leverage technology—and the firms who invest in leading-edge solutions—are going to continue to grow exponentially,” says Joe Mrak, CEO of FolioDynamix. “We are thrilled to partner with a firm like Bolton that is actively seeking new markets and new opportunities, and we look forward to our collaboration.”
Increasing numbers of advisors are leaving the wirehouse model to join independent firms who have built an infrastructure leveraging technology tools. Bolton Global Capital, with headquarters in Massachusetts, has seen an influx of new advisors joining the firm, most notably from Merrill Lynch. Bolton continues to significantly expand in the Latin American market, “which is now underserved by the exit of major firms from the international space”, says the firm.