Total Platform Assets Reach Record High of $99.1 Billion at June End
"Total Platform Assets reached another month-end record at the end of June at $99.1 billion due to Investment Advisory Net Deposits," said CEO David Fortunato. "These figures include continued strength in net cross-account transfers to and cross-product adoption of Investment Advisory accounts, driving asset-weighted cross-product adoption up to over 63% at June-end. We are encouraged by our recent, sustained success in driving higher asset-weighted cross-product adoption as well as the increased month-over-month growth in Funded Clients in June, highlighting the diversified and durable nature of our business model."
