January 26, 2017 | Jon Anderson, Senior Vice President, Business Analysis
Recent M&A activity among Wealth Managers was highlighted in a FamilyWealthReport guest article (“Don't Make These Mistakes When Acquiring A Wealth Management Firm,” James Poer, November 11, 2016). In it, the benefits of gaining scale, along with product expansion, are mentioned. It is noted that scale allows managers, "to make investments in technology and to realize reduced compliance and operational management costs."
The opposite can also be true in that outsourcing to the right operations solution can enable growth through acquisition. Solutions such as Archer, can provide a single solution that integrates new business with streamlined operations while enabling new products to be implemented across the combined firm. Outsourcing can accomplish this with predictable, scalable costs regardless of firm size.
Further, with cloud-optimized technology, this can be done regardless of geography, and allows for integration with existing tools and systems already in use, such as OMS and EMS. In short, in addition to seeking the right partners for financing acquisitions, wealth managers can also set themselves on a successful path of growth with the right operations solution.
Jon Anderson
Senior Vice President, Business Analysis
Jon Anderson, Senior Vice President, Business Analysis, works alongside other senior members of the Product and Technology team to identify and deploy solutions geared toward increasing investment managers’ operational efficiency. An experienced executive with 30+ years in the financial services and managed accounts industry, Jon has deep knowledge of data presentation and reporting, including building out reporting for new and existing clients. He has been with BNY Archer since 2007, holding various roles including Marketing and Solutions. Jon currently is the lead facilitator for BNY Archer’s Product and Reporting Committees and participates in the Performance Committee.
Get Started with Archer
Ready to accelerate your growth? Speak to a member of our business development team to see how Archer can help you hit your targets — faster.
Contact Us
