NEW YORK, Sept. 16, 2022 (GLOBE NEWSWIRE) — Flourish, a platform providing innovative access to financial products that help RIAs secure their clients’ financial futures, announced today that Flourish Crypto, a turnkey investment solution for Cryptocurrencies, designed for Registered Investment Advisors (RIAs) and their clients, won The Wealthies annual industry award from WealthMangement.com for Best Cryptocurrency Provider.
In addition to being recognized as a leader in cryptocurrency, Flourish Crypto was also recognized as a finalist for the Most Innovative New Applications category.
“We are honored by this endorsement from Flourish Crypto,” said Ben Cruikshank, President of Flourish. “As tens of millions of Americans began investing in crypto, financial advisors were left on the sidelines. Bringing a new product to market requires an enormous amount of work and dedication; We are very excited to be able to fill such an important gap in the market and help advisors better meet the needs of their clients.”
Over 440 RIAs, collectively managing over $1.4 trillion in assets, use the Flourish platform, which includes Flourish Cash, its cash management offering and Flourish Crypto. Flourish gives advisors the ability to showcase their branding, gain insight into balance sheets, statements and 1099s, access customer-friendly materials, robust and customizable compliance resources, white-glove support and more.
The Wealthies honor individuals, organizations and companies that provide significant support to financial advisors. Specifically for technology providers, the awards program highlights initiatives designed to help financial advisors develop better practices and serve their clients more effectively. This year’s program attracted more than 1,000 entries from 350 companies and was singled out as the most competitive year for the program. Finalists and winners will be evaluated and determined by an independent panel of judges.
Flourish Crypto is offered by Flourish Digital Assets and Paxos Trust Company, a NYDFS trust and qualified custodian. Flourish is wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual).
Flourish develops technologies that empower financial advisors, improve financial life and retirement outcomes, and provide advisors with new and innovative investment options. Today, the Flourish platform is used by more than 440 wealth management firms, representing more than $1.4 trillion in assets under management. Flourish is wholly owned by MassMutual. Visit www.flourish.com for more information.
WealthManagement.com, an Informa company, provides everything wealth professionals need to know to stay informed about the industry, build stronger relationships, improve their practice and grow their business. WealthManagement.com offers financial services firms a wide range of marketing services designed to help them influence an industry-leading audience of wealth management professionals.
Informa PLC is a leading international business-to-business information services group operating in over 30 countries. Informa creates transactional exhibitions and content-based events, subject data, information and marketing service products, as well as scholarly research and subject-specific reference-based academic content. Informa’s products and services help businesses and professionals connect, learn, do business, and gain a competitive advantage. Informa is listed on the London Stock Exchange and is a member of the FTSE 100.
This press release may contain forward-looking statements that involve certain risks and uncertainties. Actual results, performance or achievements may differ materially from those expressed or implied.
Flourish is an online platform through which investors can access financial services and products. The services and products offered through Flourish are provided by different companies and are subject to different terms, investor protections and risks. Flourish Cash is offered by Flourish Financial LLC, a registered broker-dealer and FINRA Member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its employees on FINRAs BrokerCheck. Flourish Crypto is operated by Paxos Trust Company, LLC (Paxos), a New York limited liability trust company regulated by the New York Department of Financial Services, which provides cryptocurrency custody and execution services for the Flourish Crypto accounts, and Flourish Digital Assets LLC (Flourish Digital Assets), a New York registered commodity broker dealer providing website and other technology services and support for Flourish Crypto accounts. Flourish Financial LLC and Flourish Digital Assets LLC are affiliated but not affiliated with Paxos. please check the legal section of our website and the disclosures provided with each Flourish service or product for more information about each service and product. If you have been introduced to or invited to Flourish by an outside investment advisor or other third party whose name or logo may appear above, please note that unless you are informed otherwise, they are not affiliated with any Flourish company. The role of the investment advisor or other firm that has invited you to Flourish may vary depending on Flourish’s services and products, as further described in the terms of each service or product. © 2022 Thrive. All rights reserved.