News

Main Street Management Company Joins StatementOne Client List

LAWRENCEVILLE, NJ, January 30, 2003 — StatementOne, the industry leader in enterprise data consolidation and web-based portfolio accounting/performance reporting, announced today that Main Street Management Company has signed an agreement to integrate StatementOne’s consolidated portfolio accounting and performance reporting solution into their technology infrastructure.

Based in Wallingford, CT, Main Street Management Company offers a wide array of financial products and services to meet the wealth management needs of their investor clients. “StatementOne’s consolidated portfolio accounting solution will greatly assist our advisors in acquiring and retaining assets,” said Main Street’s Mark Hugo. He added, “Additionally, it will help us to attract and retain the high quality advisors we need to best serve the wealth management needs of our investor clients.”

“We’re pleased to be working with Main Street,” said Greg Pacholski, StatementOne's president and chief operating officer. He added, “The financial services landscape is becoming more and more competitive. StatementOne helps institutions to mitigate business risk by providing leading-edge technology that provides extremely high value to both the institution and their advisors, and plays a critical role in their acquisition and retention efforts for both advisors and customers.”

About Main Street Management Company...

For more than 35 years, Main Street (www.msmco.com) has been providing superior service to their independent entrepreneurial representatives. They offer the sophisticated financial advisor a diversified array of planning tools, specialized marketing programs, financial products and services to support the needs of the high-end financial planning practice. Main Street Management Company is a member of The Phoenix Companies, Inc. (NYSE: PNX), and is located in Wallingford, CT.

About StatementOne...

Founded in 1993, StatementOne provides technology solutions to the retail wealth management market. For financial institutions, they consolidate enterprise investment account data in a scalable and accurate way, to power best-of-breed applications used for business planning, analytics, product development, compliance, and CRM. For financial advisors and their clients, they deliver a powerful, yet easy-to-use web-based portfolio accounting and performance reporting solution that enables advisors to provide better and more timely advice. This helps advisors boost top-line revenue while reducing administrative costs, and increases the probability of financial success for both them and their clients.

StatementOne currently manages account data for 48 financial institution clients, representing over one hundred fifty billion dollars in assets, tens of thousands of financial advisors, and millions of investors and individual accounts. Their current clients include independent broker/dealers, banks, credit unions and other financial institutions.

For more information contact StatementOne at marketing@statementone.com.