Addepar Hits $5T In Assets Tracked

Our platform is designed to help advisors make more informed decisions and deliver on what matters most — investor goals. In service of fulfilling a global client mission and a follow-the-sun approach, Addepar has expanded its team globally with 100+ employees across the UK in Edinburgh and London, and its new Pune office, opened in 2022, now has 80+ employees to date. The company will continue investing deeply in world-class talent to solve industry-wide problems on a global scale – all using its proven operating platform and ecosystem. Addepar has an ambitious growth trajectory and the company is on a path to be the technology and data platform that connects the $255+ trillion global investment ecosystem.

Diverse datasets such as client portfolios, market data feeds and custodial feeds were living in separate systems and formats. This fragmentation made it difficult to gain a unified view for actionable insights, particularly given the array of tools that spanned different business intelligence (BI) and visualization stacks. Analysts and engineers struggled to collaborate across these siloed systems, with development workflows for ingesting, transforming and analyzing data taking up to 16 weeks.

Products and services

Throughout her career at BlackRock, Rowena led strategic initiatives focused on development and launch of investment products, client solutions and servicing and business growth. Rowena led teams in Multi-Asset Strategies and Solutions, was the Head of Strategy and Development for Global Credit, led pillars in the firm’s global product development group and started her BlackRock career as the Chief Operating Officer for Asia Pacific Fixed Income. Initially established to address the complex needs of single-family offices, today we serve hundreds of clients and thousands of wealth managers — including family offices, independent advisors, private banks and broker-dealers — in more than 45 markets around the world. Addepar’s culture of constant innovation is key to keeping its leading portfolio aggregation, analytics and reporting platform on the cutting edge of game-changing technologies in fintech. Chief Product Officer Don Nilsson will discuss some of the latest updates to the Addepar platform, including Trading and Rebalancing, Integration Center and the next evolution of the client experience, and explain how these tools enable financial professionals to spend more time delivering value to their clients.

Senior Software Engineer jobs

“We’ve been growing and are working on our 2024 planning now—we’ve hired net new 150 people this year—now they are not all retained given the high performance culture but nonetheless,” he said, noting the firm had grown to 850 employees. Asked about layoffs, which have occurred at other large technology providers over the last few months, including Envestnet and Orion, Poirier said Addepar was continuing to hire. And while he said he could not break out the specific number of small and midsize advisory shops working with the firm—the range in AUM is wide, from RIAs with $100 million all the way to firms with more than $100 billion—investment advisory firms remained a growing and important constituent of Addepar’s customer base. “Independent RIAs were our first love because they share Addepar’s commitment to client centricity and delivering truly the best outcomes to each client in a sustainable way,” he said, noting xcritical official site that the company had worked closely with a wide range of RIAs. Our technology columnist sat down with CEO Eric Poirier to discuss the news and other developments at the firm, which is still hiring. Peter earned a master of science degree from University College Dublin (Smurfit School of Business), a bachelor’s degree in business administration from Cork Institute of Technology, and attended Harvard University Business School to study Business Analysis & Valuation, and Mergers & Acquisition.

The most common roles for green card positions are Software Engineer(12), Software Developers, Applications(7), Multimedia Artists and Animators(3), Implementation Project Manager(2), Statisticians(2), Product Designer(1). Yes, during the past three years, Addepar has filed 86 LCAs for H-1B Visa positions. Davis Janowski is a New York-based technology journalist whose work spans consumer, business and the FinTech sectors. Addepar, which remains a private venture-driven company, announced a $150 million Series F financing round in June 2021, bringing it to a total of about $475 million in funding. “Everyone should be able to understand the assets they own, where they are invested and how they are performing at any given moment.” We seek to bring together diverse ideas, experiences, skill sets, perspectives, backgrounds and identities to drive innovative solutions.

Embracing Resilience in Today’s Markets

Addepar adopted the Databricks Data Intelligence Platform to transform https://xcritical.online/ their data capabilities into a scalable, centralized ecosystem. Through lakehouse architecture, Addepar unified diverse datasets, enabling seamless collaboration across teams and transforming their ability to generate actionable insights. We’ve designed a multifaceted data security program that ensures the confidentiality and integrity of data managed on our platform.

• Karen brings over 20 years of experience building world-class risk, security and compliance programs to Addepar, leading the company’s security teams and managing all aspects of data and technology risks.
• “From a research and development and innovation perspective we’ve gone far beyond what most wealth management, retail brokerages and banks spend and are investing $100 million annually on technology and R&D,” said Poirier.
• Immediately assess your exposure, understand your risk and turn insight into action.
• For the $5 trillion of assets tracked on the platform, approximately 60% are in marketable securities that are held at custody banks.

Addepar Introduces Cutting-Edge Solutions for Managing Alternatives

“Today, we are privileged to be in the position of having the market-leading platform,” wrote Eric Poirier, chief executive officer at Addepar, in an announcement. “We started Curated Wealth Partners over five years ago to deliver a better, more integrated experience to a growing community of wealthy families,” said Lee Hutter, Co-Founder and CEO of Curated Wealth Partners. Unity Catalog provided Addepar with a centralized mechanism to manage data access, auditing and security. Advanced features like column masking and dynamic views ensured that sensitive client information was accessible only to authorized personnel. This governance model supported regulatory compliance globally, bolstered by auditability and seamless integration with other tools. With thousands of advisors globally managing $4 trillion in assets on our platform, our team is proud to power many of these important decisions for investors of all sizes.

Software Engineer jobs

Addepar was founded over a decade ago with the goal of creating a more transparent financial system. We believe that everyone should be able to understand the assets they own, where they’re invested and how they’re performing, at any given moment. It has come to our attention that there may be people posing as Addepar recruiters online.

Since joining Addepar in 2014, Peter has built and led a number of teams within the sales organization including the enterprise sales and enterprise account management teams. Prior to Addepar, he was an investment banker at Citi, where he advised firms on initial public offerings, financial restructuring and M&A activity. John brings over 30 years of experience in the trading and financial technology fields. As Chief Revenue Officer, John leads go to market (GTM) at Addepar, inclusive of sales, client management, services, partnerships and multi product solutions. Addepar leveraged Delta Lake to bring their client portfolio data, market data and custodial feeds into a single, centralized platform.

Consumer Products & Retail

Hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and better advice over the last decade. With client presence in more than 40 countries, Addepar’s platform aggregates portfolio, market and client data for over $5 trillion in assets. Addepar’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Dublin, Edinburgh, Scotland and Pune, India. Addepar is a global technology and data company that helps investment professionals provide the most informed, precise guidance for their clients.

It’s truly a game changer for innovation,” Doug Judice, Engineering Manager​ at Addepar, concluded. Data pipeline development also saw remarkable improvements with the adoption of the Databricks Data Intelligence Platform. By automating key aspects of data ingestion and processing, Addepar reduced development times, which not only sped up client onboarding but also enabled the team to iterate on new products and data models faster than ever before. Addepar is delighted to be named Best in Class in this year’s Aite-Novarica report – an exciting recognition of our dedication to building innovative products for wealth managers and investment professionals around the globe who seek to deliver exceptional results for the portfolios in their care. Addepar was purpose-built to offer greater clarity into and intelligence on the portfolios in your care. Using our complete data aggregation capability and powerful modeling and calculation tools, you can view, model and share portfolio performance with clients in the way that works best – for you and your clients – while reducing drain on your team.

With over 30 years of experience in financial services and leadership, Scott leads all client teams, business development, and how the firm delivers the highest quality client experience consistently and for all clients. Karen joined from Symphony, an enterprise collaboration tool built for global financial institutions, where she was the Senior Director of Security. Prior to Symphony, she was a Director of Technology Risk Management at BlackRock and a Vice President of Information Risk Management at JP Morgan Chase. She started her career at Accenture and EY, where she focused on technology, security and risk services.

Addepar empowers investment professionals across the globe with data, insights and cutting-edge technology so that you can do what you do best—even better. Learn how one family office dramatically improved quality, flexibility and timeliness of reporting. Summary of Labor Condition Applications (LCAs) for H-1B visas and Labor Certifications (LCs) for green cards filed by Addepar. The data includes new employment, continuation or changes to previously approved employment, new concurrent employment, changes in employer, and amended petitions. Overview of the backgrounds of foreign workers sponsored by Addepar for permanent employment, highlighting up to 12 categories in each field along with the number of workers.

In total, Addepar said it works with more than 1,000 client firms, ranging from RIAs to multifamily offices, wealth managers, large banks and other global institutions. Rowena Carreon brings over 25 years of global financial services experience across investment banking, corporate finance and asset management to Addepar. As the Head of Investment Advisory Solutions, Rowena leads a newly formed department to expand client relationships by leveraging Addepar’s unique data and insights. Don is the Chief Product Officer at Addepar, focused on driving the development of the company’s platform which specializes in data aggregation, analytics, and portfolio reporting to provide insights and clarity into investment portfolios. Highly adept at user-centric solutions, Don brings a design-centered approach to development. We provide wealth managers with xcritical rezension real-time portfolio reporting and insights required to make and implement better investment decisions.

Summary of the occupations and job titles of foreign workers sponsored by Addepar for permanent employment, highlighting up to 12 roles in each field along with the number of workers. To increase your chances of receiving visa sponsorship, focus on positions that Addepar has historically hired foreign workers for. As a dynamic global leader in the field of Human Resources, Sally currently steers the people and workplace initiatives at Addepar. Her career highlights include building a People & Workplace organization grounded in credibility, expertise, and service excellence. She is recognized for developing innovative strategies and implementing consultative services to foster rich, diverse, engaging, and creative work environments. With a proven track record of success, Sally brings over twenty-five years of experience to Addepar, having previously served as Senior Vice President, People, Workplace, and IT at Twitch.

He is charged with accelerating the company’s growth across different market segments and geographies. Prior to joining Addepar, he spent more than two decades at FactSet, most recently serving as Senior Vice President of Product Development, responsible for running their global product development function and overseeing development across the entire platform. Our digital tools provide your clients with encrypted access to their financial information anytime and anywhere. Industry-leading analytics and performance reporting software allow you to tailor insights and conversations for each client and build long-lasting, trusted relationships.

Addepar allows you to make smarter decisions, faster, while delivering much more robust guidance. View complex client portfolios holistically – even held away, private and real assets – to make smarter investment decisions and generate superior outcomes. Whatever your strategy, Addepar’s family office software helps you handle complexity efficiently — preserving family wealth for generations to come.