NEW YORK -- (BUSINESS WIRE) -- FolioDynamix, a leading provider of web-based technology, content and services for managing the full investment and wealth advisory lifecycle, today announced the appointment of Aaron Schumm as Chief Customer Officer. Previously serving as senior vice president of products for FolioDynamix, Aaron Schumm is a recognized leader in the wealth management industry and was the recipient of a Money Management Institute 2012 Advisory Solutions Award earlier this year for his thought leadership and active participation in establishing new guidelines and leading innovation in the wealth management industry. The move is consistent with FolioDynamix’ goal of maintaining its unique and industry-differentiating focus on client success.
Aaron was one of the original founders of FolioDynamix in 2007 and in his most recent role as senior vice president and head of products, he was instrumental in establishing the product vision and strategy that led to FolioDynamix’ emergence as an industry leader in wealth management technology and fee-based advisory solutions. Prior to joining FolioDynamix, Aaron was a vice president at Citigroup focused on global asset manager solutions. Other past positions include head of wealth solutions products at BISYS (now part of Citigroup) and product manager at CheckFree Investment Services (now part of Fiserv). Aaron holds a B.S. degree from the University of Illinois, Urbana-Champaign and an M.B.A. degree from Duke University, The Fuqua School of Business. In his new role as Chief Customer Officer of FolioDynamix, Aaron will oversee account management, business development and sales.
“When asked what differentiates FolioDynamix from other wealth management solutions providers, clients often cite our commitment and team’s willingness to serve as a true partner in helping them successfully grow their wealth servicing business as really standing out from other firms in the industry,” said Joseph Mrak, president and CEO of FolioDynamix. “By placing an established wealth management industry thought leader and FolioDynamix product expert into the Chief Customer Officer role, we can ensure that client success remains a key focus and differentiator as we grow and that our wealth management technology platform continues to evolve in ways that truly benefit the firms that rely on the platform for business growth.”
More background on Aaron Schumm and the FolioDynamix executive team can be found at www.foliodynamix.com.
Bringing innovation, insight and agility to the wealth management and investment advisor communities, FolioDynamix offers the most comprehensive web-based technology platform for managing the full wealth advisory lifecycle – including proposal and onboarding, research, model management, portfolio accounting, trade order management, operations, reporting, and performance analytics – across all account types. Unlike other wealth management technology platforms, FDx SingleSight is completely developed, hosted and supported by FolioDynamix – eliminating silos and empowering advisors with a single platform to manage all customer accounts. The platform provides broker dealers, banks, custodians and service providers with leading-edge technology to attract and retain top advisors, accelerate client acquisition and gain end-to-end visibility into all assets under management for improved efficiency, better compliance, and enhanced client service. Visit www.foliodynamix.com.