Fortigent™

Fortigent Welcomes Rex Capital Advisors, LLC

February 09, 2009

Rockville, MD, February 9, 2009 — Fortigent LLC, a leading provider of outsourced wealth management solutions for financial advisors and institutions targeting ultra high net worth clients, today announced it has been retained by Rex Capital Advisors, LLC, a Providence, Rhode Island -based SEC Registered Investment Advisor providing extensive investment advisory services as well as financial planning, estate planning, risk management and tax advisory services to a select group of individuals and families with substantial wealth. Following an exhaustive search, Rex Capital Advisors selected Fortigent as its partner in delivering a highly sophisticated reporting solution.

“We were attracted by Fortigent’s high attention to detail, extensive reconciliations, and commitment to investing in a state of the art technology platform,” says Arthur Duffy, Rex Capital Advisors’ CEO. “We currently provide exceptional investment and performance tracking and reporting to our clients, which is a cornerstone of our advisory services. As we have grown we have looked for a technology platform that we could incorporate into our reporting process – one that would meet our high standards as well as allow us to redirect more resources to investment oversight. Many of our clients have large movements of money intra-month, as well as complex hedge fund positions and accurate reporting is essential. Fortigent has the experience and systems to handle these types of situations and provide accurate reports. By working with Fortigent, we will be able to focus more on our clients’ investing needs and our business.”

“We are delighted to have Rex Capital Advisors, a growing investment advisor, join the Fortigent community,” says Jamie McIntyre, CTO and Senior Managing Director at Fortigent. “Its complex reporting needs, especially with hedge fund and other alternative positions, continues to be a competitive advantage for Fortigent. We have been reporting on these types of assets for well over 10 years. Rex Capital Advisors has very high standards for investment and performance reporting. With our platform, Rex Capital Advisors will maintain these high standards and continue to keep its clients informed by retrieving real time values for their holdings. Given today’s market and increased investor demand for complete transparency with timely and accurate information, this feature is essential for Rex Capital Advisors to provide both information and insight to clients, as it gives RCA the ability to communicate what is happening in their accounts.”

According to John Yackel, Managing Director of Sales at Fortigent, “Rex Capital Advisors’ extensive search for and selection of a reporting solution shows a strong commitment to its clients. Rex Capital Advisors provides an exceptional level of service to its clients and is expected to provide a timely, accurate, and consolidated review of client portfolios. Fortigent and Rex Capital Advisors make terrific partners in delivering this sophisticated reporting solution, thereby enhancing the overall client experience.”

About Fortigent. Fortigent, LLC delivers a fully integrated and customizable business-to-business outsourced wealth management solution to banks, trust companies, and independent advisory firms. Services include an “open architecture” investment platform with particular expertise in alternative investments, a flexible unified managed account program, and consolidated wealth reporting. Fortigent’s web-based portal interface allows access to proposal and rebalancing tools, client portfolio reporting and accounting, as well as industry articles, research papers, and other practice management and business development resources. 

About Rex Capital Advisors, LLC. Rex Capital Advisors (RCA) is an SEC Registered Investment Advisor that provides extensive investment advisory services to a select group of individuals and families with substantial wealth and to the foundations, trusts and other entities that they control. RCA provides comprehensive family office services which include advice on investments as well as financial planning, estate planning, risk management and tax advisory services that enable its clients to achieve their financial goals. RCA also provides investment advisory services to the foundations, trusts, children and parents of its current family office clients and to other individuals and families with investment assets of more than $15 million. < previous page