Summitas Wins Private Asset Management's 2017 "Best Cyber Security Solution" Award

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Mar 01, 2017, 08:27 ET

NEW YORK, March 1, 2017 /PRNewswire/ -- Summitas, an innovative wealth management portal for high net-worth families, individuals and advisors announced that it was named "Best Cyber Security Solution" by Private Asset Management magazine (PAM) at the 2017 PAM Awards.

As the leading industry publication, PAM hosts the prestigious award ceremony to recognize the top advisors and service providers in wealth and private asset management, distinguishing those with particular merit and commitment to excellence and innovation. Selected by a panel of expert judges, nominees are chosen and put through an extensive review process. The ceremony took place in New York City on Monday, February 13th.

Summitas, founded by investor and entrepreneur Howard P. Milstein, provides a branded portal designed for wealth advisory firms and family offices, improving communications and enhancing information flow between advisors and their clients. A secure, easy-to-use and cost-effective platform, Summitas incorporates a digital vault for document protection, powerful workflow tools, collaboration solutions, and secure email. The technology, infrastructure, and controls behind Summitas deliver a secure communication environment for institutions, advisors and clients.

"Summitas is focused on innovation and adapting highly secure solutions to best serve our clientele," said Summitas CEO Bill Wyman. "Summitas' vast suite of features guarantees an extremely high level of security, effectiveness and efficiency. We are pleased that our peers have recognized our superior capabilities in these areas."

Mr. Wyman added: "Our top priorities are to protect individuals in the high net-worth market and bring transparency and ease of access to information for our clients. We value the partnership we have built with our clients, whose insights and support have made our success possible."

The honor is the latest in a series of awards for Summitas. In 2016, the portal won PAM's "Best High-Net-Worth Security Solution" award, and was named "Best Wealth Management Portal – USA" by Wealth and Finance International. Summitas was also named "Best Risk Management Service Provider'' at the First Annual Family Office Review Awards North America.

Summitas founder Howard Milstein is also Chairman and CEO of New York Private Bank & Trust, which includes the private wealth management firm HPM Partners and New York Private Trust. In 2016 New York Private Trust Company was named, for the third year in a row, the #1 "Advisor-Friendly Trust Company in Delaware" by The Trust Advisor, a leading wealth management newsletter. Similarly, HPM Partners has been consistently ranked among the top wealth managers by PAM, Forbes, Financial Times, Investment News, Worth Magazine, Financial Planning, Family Office Review and other prestigious outlets. In 2015, HPM Partners was named one of Financial Times Top 300 Wealth Managers, and in April 2013, the firm was recognized in Forbes "Top 50 Wealth Managers in America," listed as #11 among the Fastest Growing and #44 among the Largest Registered Investment Advisors in America. HPM Partners was also honored by PAM in 2012 as "Best Multi-Family Office, Client Service Over $2.5 Billion."

About Summitas
Founded in 2008 to serve family offices and advisors, Summitas, LLC (www.summitas.com) is the reference platform for secure and private family office communication. Summitas provides secure document management, private information sharing, and communication tools that build stronger family connections. The platform is accessible online and through mobile devices and offers multi-factor authentication, end-to-end encryption, secure email, digital vaults, integrated eSignature and secured calendars, contact directories, content publishing, and other tools.

Andrea M. Garcia
PRCG | Haggerty
(212) 683-8100
[email protected]

SOURCE Summitas