Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=07d165f5-64f2-4ed8-8188-1ffca88eda70&Preview=1
Date 12/22/2010
Company Name FolioDynamix
Mailing Address 52 Vanderbilt Ave. 18th Floor New York, NY 10017
Company Description FolioDynamix is an established leader in the fast growing managed account industry providing innovative and industry leading solutions to support Unified Managed Accounts (UMA), Unified Managed Households (UMH), Separately Managed Accounts (SMA), Mutual Fund Advisory (MFA), Rep-As-Manager, and Fee-based Rep-As-Advisor programs.
Proceeds Purposes FolioDynamix will use the funds to extend the breadth of their technology platform and invest in sales and marketing, allowing them to continue to capitalize on their position as a sophisticated solution for wealth management sponsor firms of all sizes and their affiliated financial advisors.