|By PR Newswire||
|February 13, 2013 01:30 PM EST||
NAPERVILLE, Ill. and PHILADELPHIA, Feb. 13, 2013 /PRNewswire/ -- Portfolio Pathway, the web-based portfolio management provider, announced today that Clark Capital Management Group has selected the Portfolio Pathway RebalX™ platform. The $3 billion RIA will utilize this new platform for their portfolio model management, rebalancing and trade order management needs.
"Portfolio Pathway has been a great partner servicing our performance reporting, billing and workflow needs," said Colene Bittone, COO of Clark Capital.
Steve Grant, CFO added "Considering the great job they have done on the reporting side, it was an easy decision to select them for our rebalancing and trade execution needs as well. Their solution will not only streamline our process, it consolidates multiple systems saving us real money."
"Clark Capital continues to grow at a significant pace," said Dave Miller, CEO of Portfolio Pathway. "We are pleased they continue to show their confidence in our technology and service."
About Portfolio Pathway
Portfolio Pathway provides web-based portfolio management reporting and back office tools for financial advisors, wealth managers and broker dealers. This next generation system encompasses performance reporting, account aggregation, a flexible billing and payout module, composite reporting and portfolio rebalancing. For more information about Portfolio Pathway, visit www.portfoliopathway.com.
About Clark Capital
Clark Capital Management Group is an independent, family- and employee-owned investment advisory firm with $3 billion in assets under management. The firm's Navigator® Investment Solutions help Financial Advisors and RIAs grow their businesses and protect investor assets through meaningful diversification and institutional-quality management. Clark Capital is a partner to RIAs, financial advisors and investment consultants across the U.S. and provides separately managed accounts (SMAs), unified managed accounts (UMAs), mutual funds, exchange-traded fund (ETF) portfolios, Strategist, 401(k), and third party asset management services. Founded in 1986 by Chairman and CEO Harry J. Clark, Clark Capital is headquartered in Philadelphia.
CONTACT: Jami Schlicher, 973.850.7309 – T, [email protected]
SOURCE Clark Capital
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