Adhesion Wealth

Charlotte, United States Founded: 1999 • Age: 27 yrs Acquired By AssetMark
Practice management solutions are offered to independent financial advisors.
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About Adhesion Wealth

Adhesion Wealth is a company based in Charlotte (United States) founded in 1999 was acquired by AssetMark in June 2022.. Adhesion Wealth has raised $2.25 million across 1 funding round from investors including AssetMark and Vestmark. The company has 20 employees as of December 31, 2017. Adhesion Wealth offers products and services including Adhesion Wealth Platform, Overlay Management, and Advisor Desktop. Adhesion Wealth operates in a competitive market with competitors including Altruist, GeoWealth, Nucleus Financial, xalts and SnapTrade, among others.

  • Headquarter Charlotte, United States
  • Employees 20 as on 31 Dec, 2017
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Adhesion Wealth Advisor Solutions, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.25 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.25 M (USD), Series A

    Jul 07, 2009

  • Investors
    AssetMark

    & 1 more

  • Employee Count
    20

    as on Dec 31, 2017

  • Acquired by
    AssetMark

    & 1 more

    (Jun 13, 2022)

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Products & Services of Adhesion Wealth

Adhesion Wealth offers a comprehensive portfolio of products and services, including Adhesion Wealth Platform, Overlay Management, and Advisor Desktop. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tools for investment operations and client reporting.

Monitors and coordinates portfolio restrictions.

Generates performance reports and practice insights.

People of Adhesion Wealth
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Jack Barber
Project Manager
People
Crystine Cleland
Executive Assistant To The CEO And President / Office Manager
People
Gregory Shepka
Portfolio Management
People
Kay Zaccardi
Director, Sales Enablement

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Funding Insights of Adhesion Wealth

Adhesion Wealth has successfully raised a total of $2.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.25 million completed in July 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $2.2M
  • First Round

    (07 Jul 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2009 Amount Series A - Adhesion Wealth Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Adhesion Wealth

Adhesion Wealth has secured backing from 2 investors. Prominent investors backing the company include AssetMark and Vestmark. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Wealth management and technology solutions are offered to financial advisors.
Founded Year Domain Location
Trade management solutions are offered for capital market brokers.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adhesion Wealth

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Adhesion Wealth

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adhesion Wealth Comparisons

Employees
+
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Competitors of Adhesion Wealth

Adhesion Wealth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Altruist, GeoWealth, Nucleus Financial, xalts and SnapTrade, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Portfolio management software for financial advisors
domain founded_year HQ Location
Integrated wealth management solutions are offered for advisors and institutions.
domain founded_year HQ Location
Portfolio management solutions are offered to financial advisors.
domain founded_year HQ Location
Wealth management solutions are delivered via an online platform.
domain founded_year HQ Location
Provider of API enabling brokerage account connectivity for data and trading
domain founded_year HQ Location
Digital wealth tools are provided to empower financial advisors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adhesion Wealth

Frequently Asked Questions about Adhesion Wealth

When was Adhesion Wealth founded?

Adhesion Wealth was founded in 1999 and raised its 1st funding round 10 years after it was founded.

Where is Adhesion Wealth located?

Adhesion Wealth is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Is Adhesion Wealth a funded company?

Adhesion Wealth is a funded company, having raised a total of $2.25M across 1 funding round to date. The company's 1st funding round was a Series A of $2.25M, raised on Jul 07, 2009.

How many employees does Adhesion Wealth have?

As of Dec 31, 2017, the latest employee count at Adhesion Wealth is 20.

What does Adhesion Wealth do?

Adhesion Wealth was founded in 1999 and is headquartered in Charlotte, United States. Practice management solutions are provided to registered investment advisors and wealth managers in the financial services sector. The WealthADV platform is utilized for investment operations, including unified managed accounts, overlay and tax-optimized portfolio management, investment program design and administration, client reporting, and managed back-office services.

Who are the top competitors of Adhesion Wealth?

Adhesion Wealth's top competitors include Altruist, Nucleus Financial and QPLIX.

What products or services does Adhesion Wealth offer?

Adhesion Wealth offers Adhesion Wealth Platform, Overlay Management, and Advisor Desktop.

Who are Adhesion Wealth's investors?

Adhesion Wealth has 2 investors. Key investors include AssetMark, and Vestmark.

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