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Founder and CEO Evan Rapoport and Chief Marketing Officer Alex Smith-Ryland Shortlisted as Finalists

WEST PALM BEACH, Fla., August 11, 2021 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), today announced that it has been nominated in two categories for the 2021 Wealth Management Industry Awards.

Technology Providers – Chief Executive Officer of The Year: Evan Rapoport, CEO of SMArtX Advisory Solutions
Technology Providers – Chief Marketing Officer of The Year: Alex Smith-Ryland, CMO of SMArtX Advisory Solutions

Now in its 7th consecutive year, the WealthManagement.com Industry Awards program recognizes outstanding organizations and individuals that support financial advisor success. More than 900 entries were received from 346 companies—an increase of over 40% from previous years.

“It’s an honor to be shortlisted as a finalist by WealthManagement.com in two categories for the second consecutive year,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “This recognition certainly bodes well for the wonderful team at SMArtX, including my fellow nominee Alex Smith-Ryland, Chief Marketing Officer. It’s because of them we entered 2021 with strong momentum and delivered another two-quarters of record-setting growth, up by 62% year to date to $17.34 billion.”

SMArtX continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy that tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.

A panel of independent judges made up of top names in the industry will determine the WealthManagement.com 2021 Industry Award winners, announced during an in-person and virtual evening awards ceremony at the Ziegfeld Ballroom in New York City on September 9, 2021.

“SMArtX is proud to be recognized alongside such a distinguished panel of industry leaders,” said Jonathan Pincus, President & COO of SMArtX. “Over the course of the last 18 months, it became clear our team had to be more agile and adapt together in new and innovative ways. In their respective roles, Evan and Alex proved to be invaluable to SMArtX’s mission and vision amid a fast-paced, demanding environment.”

About SMArtX Advisory Solutions

SMArtX Advisory Solutions is the next generation managed accounts technology provider and manages SMArtX, a turnkey asset management platform and the only platform to seamlessly offer traditional, alternative, and passive direct index strategies in a unified managed account structure. The firm also licenses its proprietary managed accounts technology to help firms replace legacy technology and power several investment platforms for RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com.

Acknowledging Industry Leaders at SMArtX

SMArtX Advisory Solutions prides itself on recognizing the contributions of its leadership team. The nominations of Evan Rapoport and Alex Smith-Ryland for the 2021 WealthManagement.com Industry Awards highlight their exceptional leadership and innovative strategies that have propelled the company forward.

Under Evan's guidance as CEO, SMArtX has seen significant growth, achieving a remarkable 62% increase in assets under management. Similarly, Alex's strategic marketing initiatives have enhanced the company's visibility and reputation in the financial technology sector, solidifying its position as a market leader.

Impact of Technology on Asset Management

The role of technology in asset management is increasingly pivotal, and SMArtX Advisory Solutions is at the forefront of this transformation. The company's proprietary unified managed accounts (UMA) technology provides financial advisors with streamlined solutions that enhance operational efficiency and client satisfaction.

By integrating advanced technology with traditional asset management practices, SMArtX offers a unique turnkey asset management platform that caters to diverse investment strategies. This innovation allows financial advisors to manage traditional, alternative, and passive index strategies within a single framework, optimizing their service offerings.

Recent Achievements and Growth Metrics

SMArtX Advisory Solutions has experienced unprecedented growth, evidenced by its recent performance metrics. The company reported a year-to-date growth of 62%, reflecting its successful adaptation to market demands and the effectiveness of its technology solutions.

This growth trajectory underscores the increasing reliance on technology in the financial services industry, as more firms seek to leverage SMArtX’s capabilities to enhance their managed accounts offerings. The continued expansion of its platform showcases SMArtX's commitment to innovation and excellence in asset management.

Future Innovations at SMArtX Advisory Solutions

Looking ahead, SMArtX Advisory Solutions is dedicated to further advancing its technology to meet the evolving needs of financial advisors. The company is continuously exploring new strategies and tools that will enhance its platform and improve user experience.

Future innovations may include the integration of artificial intelligence and machine learning to provide deeper insights into investment strategies and client preferences. By staying ahead of technological trends, SMArtX aims to maintain its leadership position and deliver cutting-edge solutions to its clients.