Portland, Ore. June 18, 2012 — Smarsh®, the managed service leader in secure, innovative and reliable email archiving and compliance solutions, today announced the acquisition of AdvisorSquare from Symantec. AdvisorSquare, the provider of websites designed specifically for financial services professionals, has helped thousands of investment professionals nationwide use the Internet to grow their business since its inception in 1998. AdvisorSquare joins the Smarsh suite of website design, hosting, archiving and compliance services for financial firms.
“The AdvisorSquare acquisition further extends our reach and leadership in the financial services industry,” said Stephen Marsh, CEO and founder of Smarsh. “With our collective leadership, expertise and focus on helping SEC and FINRA-regulated customers compliantly grow their businesses, Smarsh is firmly committed to AdvisorSquare and its clients. We look forward to demonstrating our foundational commitments to service, compliance and innovation for our new customers.”
Smarsh Web Services for Financial Firms
AdvisorSquare websites include easy-to-use, feature-rich communication and collaboration tools to complement the many facets of financial services practices. Customers can select subject matter from a variety of personalized content pages, FINRA-reviewed financial articles, a comprehensive Investor Research Center, financial calculators and countless customization options.
Smarsh now powers close to 7,000 financial websites (and their associated email domains) combined on the AdvisorSquare and Financial Visions platforms. Last month, Smarsh introduced its Web archiving service, which enables organizations to capture, search, preserve, produce and supervise complete websites, individual Web pages, blogs, wikis, RSS feeds, audio and video files and other content on the Web.
“Smarsh is well-positioned to enable financial firms to leverage a whole new modern world of interactive Web tools,” added Marsh. “Historically an inability to archive interactive components for compliance, like video for instance, may have been a barrier for adoption. Our goal is to empower firms to tell their stories and communicate with clients and prospects in more ways than ever before.”
Smarsh® provides hosted solutions for archiving electronic communications, including email, instant messaging and social media platforms such as Facebook, LinkedIn and Twitter. Founded in 2001, Smarsh helps organizations manage and enforce flexible, secure and cost-effective compliance and records retention strategies. For more information, visit www.smarsh.com or follow Smarsh at www.twitter.com/SmarshInc.
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