Axxcess Platform announced Tuesday it will deliver portfolio management technology for the HJ Sims private client wealth management team.
HJ Sims is a privately held investment bank and wealth management firm; Axxcess is an asset management platform.
“We are thrilled about partnering with HJ Sims to equip their team with our asset management solution to help them continue to deliver a rich client experience,” said Michael Seid, CEO of Axxcess. “We are confident the HJ Sims team will find incredible value in our platform, which offers the tools and resources needed in one technology stack, further optimizing their client management approach.”
HJ Sims will use the Axxcess platform as an end-to-end portfolio management tool, which includes aggregating accounts, identifying risk, analyzing holdings, modeling and blending investment strategies, and accessing third parties.
“Partnering with Axxcess by incorporating their customized technology and sophisticated interface via a first-class portfolio management tool will help our advisory team deepen their client relationships,” said Dan Mullane, managing principal at HJ Sims. “The comprehensive technology platform provided by Axxcess empowers us to revolutionize our client experience with open architecture and access to best in breed money managers.”
Founded in 1935 on Wall Street, HJ Sims has $2.3 billion of assets under management. The firm is headquartered in Fairfield, Connecticut, with nationwide investment banking, private wealth management and trading locations. HJ Sims supports individual investors, organizations, municipalities and institutions with expert wealth management, trading services and investment banking products.
Axxcess integrates third party investment managers alongside real estate, private equity and hedged investments for wealth management practices. The platform was built for experienced advisors looking to improve their current RIA platform or for professionals thinking of going independent. It combines strategies like private equity, private credit, hedge funds and directed real estate alongside traditional SMA uses.
