Fortigent™

Fortigent Welcomes Glassman Wealth Services

November 02, 2009

Rockville, MD, November 2, 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 Glassman Wealth Services, a family wealth management firm located in McLean, Virginia. The new firm will be headed by Barry Glassman, who recently left Cassaday & Company to start his own practice catering to the needs of High Net Worth clients. Fortigent will provide Glassman a fully integrated wealth management solution including investment research, manager due diligence, information management, and reporting.

“We were attracted by Fortigent’s considerable experience in investment research – in particular their ability to locate and monitor ‘boutique’ managers. I have been familiar with Fortigent for years and knew of their track record in helping successful HNW practices. When I decided to launch my own firm, it was a logical decision to partner with Fortigent. They know how to work with sophisticated clients and can offer top notch due diligence and state-of-the-art client reports. Their offering is a perfect fit for my business model and the high net worth clients I serve,” said Barry Glassman, President of Glassman Wealth Services.

“We are delighted to have Glassman Wealth Services join the Fortigent community,” said Andrew Putterman, Fortigent’s CEO and President. “When advisors make the decision to go independent, it is critical to select a support partner that knows their target market. Fortigent knows the High Net Worth space ‘inside and out’. Our entire offering is focused on delivering the solutions required to attract and maintain High Net Worth clients. Our investment and reporting solutions, together with Barry’s knowledge of and dedication to his clients, is an outstanding combination and we look forward to supporting him as he grows his practice.” 

According to John Mastal, Director of Sales at Fortigent, “Glassman Wealth Services and Fortigent are a perfect fit. We are in complete alignment with respect to delivering a superior wealth management experience to High Net Worth clients. We are confident we will develop a strong and mutually beneficial relationship.”

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. For more information, visit www.fortigent.com.

About Glassman Wealth Services. Glassman Wealth Services, LLC provides fully integrated investment management and comprehensive wealth planning services to help families manage their financial lives now and for future generations. GWS offers sophisticated investment management strategies along with tax, estate, philanthropic and multi-generational planning and coordination of financial services for a select number of high net worth clients. GWS is accepting new clients with $1 million minimum of investable assets. For more information, please call 703-534-4444. < previous page