Local
Integrated Wealth Services, LLC rebranding, moving to Stamford
By Press Release
May 20, 2008 - 10:54:38 AM

NEW YORK, May 20 - Integrated Wealth Services, LLC, a wholly-owned subsidiary of Rockefeller & Co., Inc. that provides an industry-leading wealth data aggregation, reconciliation, and reporting solution for family offices, ultra high net worth individuals and financial institutions, today announced its rebranding from Integrated Wealth Services, LLC to Rockit Solutions, LLC, according to Roy C. King, Chief Executive Officer and President.

"For the past eight years, the Rockit(TM) solution has been the cornerstone of our information management technology suite, providing timely and complete information to expertly manage and track clients' wealth," King said. He added, "Our new corporate identity leverages the strength of the Rockefeller & Co., Inc. brand and the 125 year heritage of the Rockefeller family office to meet the unique needs of the ultra high net worth market. We remain committed to offering our clients the most comprehensive and superior wealth information management services available in the industry today."

According to Michael J. Collins, Chief Marketing Officer, "Our Rockefeller & Co., Inc. heritage and Rockit(TM) Command solution technology are integral to our core brand identity in the marketplace." He added, "Our rebranding effort serves as a natural evolution of the company's long-standing reputation for data integrity, exceptional reporting, and client service as an
industry-leading wealth information management solution company."

Recently, The Family Wealth Alliance released a Multifamily Office Study reporting a 20 percent increase in the number of firms that are serving the ultra high net worth market in 2006 from the previous year. "This study further reinforces the industry's increasing demand for a sophisticated wealth management solution like Rockit(TM) to serve this fast-growing ultra high net worth market segment," Collins added.

Rockit Solutions, LLC, currently headquartered at 30 Rockefeller Plaza in New York City, will relocate this summer to 333 Ludlow Street in Stamford Harbor Park, in Stamford, Connecticut. Rockit Solutions, LLC also has a research and development center in Westbury, Long Island, New York. The company has more than 100 employees and is committed to client support.

In 2000, Rockefeller & Co., Inc. launched Rockit(TM), a technology-enabled software service that addresses the complexities of managing family wealth and was developed based on years of experience managing the Rockefeller family office. It is a time-tested proprietary software system designed to solve the complex data needs of the multiple-entity, -asset class, -manager and -custodian wealth management market. The solution suite enables wealth holders and their advisors to make better financial decisions as complex data from multiple sources, such as custodians, managers, brokers, banks and others, is aggregated, processed, and reconciled daily with unsurpassed attention to accuracy and timeliness.

As the complexities of managing family wealth increase so, too, does the need for customized and specialized professional services. Rockit(TM) Command, with a powerful transaction processing system and an integrated general ledger, is the technology platform at the center of this comprehensive solution, providing a single view of information originating from multiple and diverse data sources.

Rockit(TM) Command offers:

-- Data Aggregation. Data from Custodians, Outside Managers, and Brokers flows into Rockit(TM) Command. Rockit(TM) Command's transaction processing, and performance calculation provide data enrichment.

-- Reconciliation. Our Data Integrity Services Team aggregates and reconciles the data and undertakes issue resolution to verify the accuracy of information obtained from multiple sources.

-- Integrated General Ledger Transactions. Posted to accounts and the Integrated General Ledger is updated simultaneously - a critical and unique component of Rockit(TM) Command.

-- Investment Reporting. Based on the comprehensive view that Rockit(TM) Command provides, investment reporting can be customized to address individual needs and preferences, and wealth owners and advisors receive pertinent and consistent data.

-- Partnership Accounting. A fully integrated suite of partnership administration and tax services, delivered by a team of accounting professionals.

-- Trust Accounting. A robust principal and income trust accounting system with the capacity to create customized trust reports that can be used by accounting and trust professionals.

Our Web-based reporting tool, Portfolio View powered by Rockit(TM), provides reliable, secure, daily access electronically by clients and their advisors to account information (current holdings and transaction data), statements, and other reports for downloads or electronic delivery.

A key component of the solution suite is Rockit(TM) Data Integrity Services, which highlights our unsurpassed automated reconciliation activities and our daily exceptions review process conducted by Rockit(TM) professionals to enhance data integrity. Professional teams of accountants, analysts and administrators leverage the Rockit(TM) Command technology platform to provide industry-leading wealth information management services. The Data Integrity Service Team will work with clients to build an information package with custom data criteria and statement formats.

"For family offices and institutional partners, we offer a sophisticated automated aggregation, reconciliation, reporting and inquiry capabilities to address the needs of the ultra high net worth market, providing enhanced risk management and reliability," King added. "Our comprehensive and customizable reporting component, Rockit(TM) Exceptional Reporting, offers more than 200 statements and reports from which to choose."

Rockit Solutions, LLC, a wholly-owned subsidiary of Rockefeller & Co., Inc., provides an industry-leading wealth data aggregation, reconciliation, and reporting solution for family offices, ultra high net worth individuals and financial institutions. For more information about the Rockit(TM) solution suite and our professionals, please visit our website at www.rockitco.com or call 866.497.9111.

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