Mariner, a national financial services firm, will be implementing the investment management solution (IMS) by Charles River Development, State Street’s IMS provider. The implementation will enable Mariner to streamline its operations and support its long-term growth strategy.
Mariner will leverage Charles River’s IMS in portfolio management, advisor workflows, custodial data integration, and enterprise data management. Tools on the Charles River platform include unified managed account (UMA) and separately managed account (SMA) capabilities, representative-as-portfolio manager (Rep-as-PM) streamlining, and fund wraps.
Mariner has revealed in a press release that it aims to establish “a scalable, centralised technology foundation designed to support continued growth without adding operational complexity or disrupting the advisor or client experience”. The firm has a current count of more than 2,080 advisors and has plans to expand to 5,000 advisors
