Capital Market Consultants, LLC, the market leader in custom Open Architecture Investment Management (OAIM) research, platforms, content and solutions for financial intermediaries and RIA's focused on the High Net-Worth space, continued it's rapid pace of growth in 2006, more than doubling their clients and assets under advisement.
(PRWeb) January 21, 2007 -- Capital Market Consultants, LLC, the market leader in custom Open Architecture Investment Management (OAIM) research, platforms, content and solutions for financial intermediaries and RIA's focused on the High Net-Worth space, continued it's rapid pace of growth in 2006, more than doubling their clients and assets under advisement.John E. Erard, CIMA, AIF and Partner-In-Charge of Distribution, said, "We surpassed our business goals for 2006: the number of clients we serve doubled, assets under advisement more than doubled to over $3.5 billion and penetration of our core markets continues ahead of plan. Most importantly, the new opportunities we developed last year put CMC on a pace to accelerate 2006's double digit expansion into 2007 and beyond."
Erard added, "Growth came from both new and existing clients. We added multiple R.I.A. and Wealth Management clients including the wealth management subsidiary of one of the 50 largest bank holding companies in the US, which became a CMC | OAIM ResearchTM client. Although we have other trust clients, the size of this relationship makes it an important breakthrough for us in the Trust space. We also extended our existing relationship with one of the nations' premier independent investment firms through the addition of their asset management subsidiary as a CMC | OAIM ConsultingTM client."
Barry K. Mendelson, CMC Founder and Managing Partner, said, "Strategically our most important accomplishment in 2006 was the conclusion of a CMC | OAIM PlatformsTM contract with a major R.I.A. custodian to build and maintain a state-of-the art, multiple-level, investment platform for them that's designed to replicate the consulting department and investment solutions and services left behind by break-away wirehouse advisors".
"CMC's business is centered on custom Open Architecture Investment Management (OAIM) research, platforms, content and solutions. While we have built or retrofit OAIM platforms for clients, none have been of this scale and magnitude", continued Mendelson.
"We have always said that our deep OAIM and High Net-Worth experience combined with our unique set of team skills and resources makes us the partner of choice for financial intermediaries in the High Net-Worth space looking to grow their proprietary investment platform fee-based revenues. This assignment validates our position as the premier OAIM enterprise platform builder. It is pleasing to have the marketplace confirm that view by recognizing the value we bring to the table", he added.
About Capital Market Consultants, LLC
Capital Market Consultants, LLC is the portal to custom Open Architecture Investment Management (OAIM) research, platforms, content and consulting solutions for R.I.A.'s and financial intermediaries focused on the High Net Worth market.
OAIM provides investors with a wide range of alternatives in a single investment program, reaching beyond the limitations of a single brand, institution or product type and enables intermediaries to differentiate themselves in an increasingly competitive marketplace.
Nearly fifty years of OAIM experience and one-hundred years of High Net Worth experience combined with a unique set of team skills and resources make CMC the partner of choice for financial intermediaries in the High Net-Worth space looking to grow their fee-based revenues by building or retrofitting their proprietary investment platforms.
Press Contact: John Erard
Company Name: Capital Market Consultants, LLC
Email: email protected from spam bots
Phone: 847-242-9227
Website: www.cmarkc.com
Press Release Source: EMediaWire