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Adhesion Wealth® Reports Over 60% AUM Growth for Second Year Straight
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CHARLOTTE, N.C., Feb. 17, 2021 /PRNewswire/
Adhesion Wealth®, a Vestmark company, today announced that its discretionary assets under management (AUM) grew by 61% in 2020. This is the second consecutive year the company has achieved AUM growth over 60%. The company also grew its advisory client base and discretionary accounts by 23% and 26%, respectively, and added 42 new asset managers to the Adhesion Wealth Manager Exchange over the same period. After a tumultuous year for the markets, it s rewarding to see the positive impact that Adhesion Wealth s flexible, scalable solutions continue to have on the RIA community, said Barrett Ayers, President of Adhesion Wealth. Our growth this year was really a testament to our advisory firm partners. In 2020, we had the good fortune of meeting more amazing advisors who embrace a client first philosophy and understand the