FolioDynamix said Davenport is making FDx Connect available to all of its investment executives and overlay managers for access to a broader range of investment strategies.
Davenport & Company senior vice president Lee Chapman said they selected FolioDynamix as a way to provide their clients with access to pre-screened, top-tier investment managers at a reasonable cost.
"In less than a month with the FDx Connect solution, we were able to give all of our investment executives centralized access to twelve new investment strategies and complete integration of the solution to our existing platform," added Chapman.
FolioDynamix president and CEO Joseph Mrak their FDx Connect solution was designed to enable rapid access to a comprehensive set of money managers and investment models, and to reduce the cost, time and complexity of screening and contracting managers and integrating new investment strategies into a wealth management firm’s existing offerings.
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