Cheetah News
Headquartered in Gainesville, Texas, First State Bank implemented the new Cheetah and AssetMark unified wealth management solution in January 2024, and the results have been “powerful and compelling” according to Curtis Groves, Senior Vice President of Wealth Management & Trust.
According to Cheetah Executive Director Brandon Jeffress, “Investors are seeking a full-service organization that can serve them across their entire wealth and trust portfolio. They’re looking for a unified, frustration-free experience. As part of this convergence, you must meet clients where they are.”
A crossover is happening between the fiduciary and investment worlds, “with an increased emphasis on managing trust assets with the efficiency and data-driven scalability of a Registered Investment Advisory.” Cheetah and AssetMark are addressing this paradigm shift, according to consultant Michael J. Dixon.
Accutech Systems Corp., Cheetah’s parent company, is on a three-year streak of growing faster than 99.93 percent of privately owned companies in the United States, according to a recent announcement from Inc. magazine.
Wealth management is no longer just an additional service provided by bank trusts; it’s becoming the central pillar of their value proposition. This integrated approach caters to the growing demand for comprehensive financial guidance, encompassing wealth creation, preservation, and distribution.
Nevada-based IconTrust opened in Fall 2020 with a strategy to deliver premier customer service and do it affordably. With Cheetah on its side, IconTrust has grown from $0 AUM to $3B AUM in just three years.
If you’ve attended any of our Fast Tracks client webinars, you’ve met Cheetah product marketer Tori Taylor. Her on-camera presence might seem effortless, but it’s the result of years of hard work, a passion for helping people, and a little Disney magic.
Finding a way to serve next-generation wealth management clients in a way that is cost-effective and labor-effective for your organization is the fastest way to make them profitable.
And the best way you to unlock this new growth opportunity is through better technology.
The T+1 settlement cycle change will take place on May 28, 2024. Be proactive and get prepared with these helpful tips.