BERWYN, Pa., July 10, 2018 (GLOBE NEWSWIRE) -- Independent wealth advisers, Snowden Lane Partners have successfully converted their multi-manager sub-advised separately managed accounts to Archer©, who will be providing a model delivery portal, a rebalancing tool, and trading and reconciliation services. Archer’s single platform solution including technology and services provides the scalability for Snowden Lane to easily grow their sub-advised business.

Archer’s Model Workstation and robust ecosystem were all critical to providing a path for Snowden Lane to provide optimal service to their institutional clients. Snowden Lane is now leveraging Archer’s single solution IBOR, model management and trading platform to seamlessly manage and scale their business.

“Archer was able to provide the right technology and services we needed, as well as the expertise required to ensure a quick and smooth platform transition,” said Joe Raieta, CFA, Managing Director Investment Solutions at Snowden Lane. “As independent wealth advisors, we especially like the flexibility that Archer’s solution offers for future growth.”

“The word, ‘solution’ is often used today, but Archer’s ability to meet Snowden Lane’s immediate need while enabling future growth is a true example of how we provide solutions to investment managers,” said Matt Caulfield, Executive Vice President at Archer. “Snowden Lane provides a unique service to investors and we look forward to continuing to work with them in the future.”

About Snowden Lane Partners:
Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and broker-dealer that provides wealth advisory services to high net worth individuals, families, and institutional clients.
Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman of the Board of Directors, Rob Mooney, Managing Partner and CEO, and Greg Franks, Managing Partner and President, who are dedicated to building a client-focused, nationally branded, boutique wealth advisory partnership.
Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser and a broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with aggregated performance reporting and leading analytical tools for clients and advisors. It further provides full operational, finance, compliance, human resources, and financial advisor transition support to its financial advisors.
For more information about Snowden Lane, please visit www.snowdenlane.com.

About Archer:
Archer is a technology and services innovator for the investment management industry including institutional, private wealth and retail managers. Archer provides a fully integrated, secure cloud-based platform that simplifies the investment management process across channels allowing management firms to scale rapidly. Growth is supported with always up-to-date and accessible technology – nothing to install, maintain on servers, or to slow down a manager’s core business. Archer also uniquely offers selective operations outsourcing, providing managers the ability to control costs, gain flexibility and speed time to market. Selective outsourcing allows firms to choose services that fit their needs, so they can focus on delivering results.
For more information, visit www.archerims.com.

Press Inquiries:                                                                                                
Ben Cooper, Braithwaite Communications                                           
Ben@gobraithwaite.com                                                                            

Archer Contact:
Jon Anderson, Archer
janderson@archerims.com