A Fusion of Resources
While Fusion Family Wealth may look like a boutique from the outside we have all the resources, muscle and scale of larger Wall Street firms – without the constraints, corporate mandates and limitations.
More important, we have fused our focus on providing the highest personal and professional standard of care with a corporate structure – SEC registered investment adviser – that holds us to the highest legal fiduciary standard. We now have complete transparency with respect to all we do and a fee-only structure that eliminates product bias and potential conflicts of interest. Independence gives us the freedom to work with any provider – from custodians to research, technology and more, we can look anywhere that we need to look.
- Dynasty Financial Partners
Dynasty offers independent registered investment advisors like Fusion one of the industry’s most respected wealth management and technology support platforms. Dynasty’s comprehensive open-architecture platform is comprised of wealth management solutions to help independent advisors protect and grow their clients’ wealth with absolute objectivity. From a business development standpoint, we have a lot of autonomy. All of which helps us address the sophisticated needs of our private and professional services clients in a manner that ensures objectivity and transparency.
Dynasty’s senior executives represent the wealth management industry’s premier organizations. Board members include former American Express Chairman Harvey Golub, former SEC Chairman Bill Donaldson and former Citigroup CFO Todd Thomson.
- Custodians — Fidelity and Pershing
We understand that clients want their assets housed with a company that is stable financially, has total name recognition and provides a technology platform that delivers a user-friendly web experience. Therefore, we offer two options for clearing and custodial services: Fidelity Institutional Wealth Services and Pershing .
They are both well established custodians who provide of trading support and brokerage services to Registered Investment Advisors, Trust Institutions, and Third-Party Administrators.
Fidelity Institutional Wealth Services is able to leverage the capital, resources and expertise of the entire Fidelity enterprise, one of the world’s largest financial services companies, on behalf of its clients. A family managed, privately held company with more than 60 years of experience, it has assets under administration of $5.7 trillion, including managed assets of $2.1 trillion as of December 31, 2016.
Pershing Advisor Solutions LLC is an affiliate of Pershing LLC, the industry’s largest clearing provider, with a track record of more than 70 years. Its parent, BNY Mellon, is the oldest continuously operating financial organization in the United States, and the largest custodian in the world with $29.9 trillion in assets under custody and/or administration as of December 31, 2016.
Envestnet provides us with state-of-the-art technology for delivering institutional-level performance reporting capabilities, automatic rebalancing capabilities, institutional level access to professional money mangers and the ability to create live links to client investments held away from Fusion — providing a truly holistic portfolio monitoring experience.
Envestnet may not be a household name, but as the a provider of integrated wealth management services, serving more than $316 billion in total platform assets with more than 1.5 million investor accounts, we tap their expertise for diversified, rigorously researched portfolio solutions, manager and fund research and selection and comprehensive, unbiased coverage of asset classes and strategies.