The bank offers a wealth management solution through its trust arm, which has more than $300 million in assets under management. With Marstone’s wealth management-as-a-service offering, the bank aims to develop that offering by improving productivity to retain existing client deposits and attract new retail bank customers.
“With American Bank & Trust, we’re able to quickly and seamlessly integrate our wealth management-as-a-service offering into their services, delivering cost efficiencies and increased opportunities for revenue growth,” comments Margaret Hartigan, co-founder and CEO of Marstone.
