Innovest provides fulfillment services for over 10,000,000 documents annually.

Every year, Innovest processes over 6,000,000 payments.

Innovest has converted clients off virtually every legacy trust platform--Charlotte, AddVantage, Global Plus, FIS Metavante, SEI--and most of the smaller providers, as well. Any Innovest client will tell you how much better life is on a modern-era platform.

Like the U.S. Supreme Court, Innovest leverages the expertise and resources of CenturyLink Technology Solutions, a recognized leader in hosting. Innovest relies on CenturyLink Technology Solutions to deliver its state-of-the-art Software as a Service solution.

InnoVue, used by Innovest's clients to provide end-customers with account information such as holdings, recent activity, statements and investment performance, can be accessed by PC, Mac, iPhone, iPad, Kindle, Android phones and tablets, and all major web browsers.

FinTech, a wholly owned subsidiary of Innovest, executed over 93 million equity shares last year.

All of Innovest's customer support and information technology staff are based in the US.

When implementing new clients, Innovest converts history from legacy systems and makes it "live and searchable" allowing clients to embrace their future without losing their past.

>$500,000,
000,000

Market value of all assets administered on InnoTrust's platform, making it one of the largest trust and wealth management systems.

Our People

  • Glenn SchmidtChief Executive Officer

    Glenn Schmidt

    Prior to becoming CEO, Glenn spent 5 years as Chief Operating Officer at Innovest. Before Innovest, Glenn worked for J.P. Morgan as vice president of product and platform for the Trust and Estates business. His prior experience includes managing director of Trust Services at Charles Schwab where he was responsible for the launch of the trust outsourcing business as well as product development and trust operations. Prior to his work with Charles Schwab, Glenn held management and operational positions at Innovest and SunGard Data Systems Inc.

    Glenn received his Bachelor of Science in computer science from the University of Scranton.

  • Michael PanecChief Operating Officer

    Michael Panec

    With over 30 years of experience in financial services, Michael brings a wealth of operational and management experience as Chief Operating Officer of Innovest Systems. Prior to joining Innovest, Michael co-founded Optech Systems, LLC which later became Matrix Financial Solutions, a leading provider of back-office, trust, custody, trading and mutual fund settlement services. Michael has also held Vice President level management positions at Bankers Trust and Security Pacific National Bank.

    Michael has a Bachelor of Science degree in Business Administration.

  • Warren HadleyChief Financial Officer

    Warren Hadley

    Warren has over 25 years of experience in the financial services and technology industries; most recently as the CFO of Wealth Management Systems Inc. (WMSI), a leading automated rollover and retirement solutions firm which was acquired by DST in 2015. After the acquisition, he stayed on for one year to manage the integration of WMSI’s finance and operations in to DST.

    Prior to WMSI, Warren served as President and CFO of Archimedes Systems, Inc., a technology company focused on college and retirement planning solutions and led the company to a successful sale to WMSI in 2012. Before Archimedes, he spent more than ten years at Forrester Research Inc., a technology research company, as Corporate Controller, Director of Finance, and CFO.

    Warren began his career at PWC and also spent four years as Audit Manager of MacDonald, Levine, Jenkins, an accounting firm.

    Mr. Hadley earned his Bachelor of Science degree in Accounting and Masters of Science in Taxation from Bentley University.

  • Maryanne CampbellSenior Vice President, Sales and Marketing

    Maryanne Campbell

    Maryanne has over thirty-five years in the financial services industry. She currently manages the sales and business development strategy for Innovest's Trust and Wealth Management Systems division.

    Maryanne joins Innovest after acting as Sungard Wealth Management's Chief Operating Officer and Executive Vice President of Operations. There, she was responsible for the service, development, implementation, and operations of all wealth management end products. Prior to that, she was group president of Sungard Trust Systems where she was responsible for overseeing business strategies for Global Plus, AddVantage, and Charlotte.

    Maryanne is a graduate of Villanova University.

  • Greg McCloskeySenior Vice President, Corporate Development

    Greg McCloskey

    Greg has over 15 years of experience in the financial software and services industry including deep expertise in strategic business, market and sales planning. Prior to joining, Greg served as Senior Vice President at SunGard Data Systems and also held senior sales positions at Integrated Software Solutions and Premier Solutions where he was Vice President of Sales. Greg has a Bachelor of Science in Business Administration from Villanova University.

  • Mitchel CarlsenChief Information Officer, Payment Solutions

    Mitchel Carlsen

    Mitch leads research and development of Innovest Payment Solutions' software products and services. Mitch has held similar positions at Dorado Software, Kenai Systems, and Calnet Business Bank. Over the past 20 years, he has successfully delivered enterprise level software solutions for Fortune 500 companies including; IBM Global Services, Software AG, Cap Gemini, and Boeing Computer Services.

  • Brian FarrellSenior Vice President, Operations

    Brian Farrell

    Brian has over 35 years experience in the financial industry, with experience split between Operations and Fixed Income trading. Prior to joining Innovest in 2003, Brian spent five years with Prudential Retirement Services as a Director of Operations. Prior to joining Prudential, Brian worked for 13 years in National Westminster Bank's Treasury Division, where he was responsible for trading US Treasury Bills for the bank's Retail and Proprietary accounts. Brian holds a B.S. in Business Management from the State University of New York.

  • Dwight GroeneveltSenior Vice President, Product

    Dwight Groenevelt

    Dwight joined the Innovest team at the start of 2006.   He manages Product Management, PMO, and Client Implementations for the Trust & Wealth and Payment Solutions business lines.

    During his career with Innovest, Dwight’s responsibilities also included managing Client Services, supporting Business Development, and executing on internal organizational processes and controls.  

    Prior to joining Innovest, Dwight provided consulting services on large scale multi-currency trust accounting implementations and special projects.  Dwight started his career with Fiserv Investment Support Services where he was an integral part of acquisition transitions, project management, and product implementations in the retirement industry.

  • Erick LindleyChief Security Officer

    Erick Lindley

    In his role as Chief Security Officer, Erick provides the organization with information security strategy, policy, standards, risk assessments, management processes and technology to ensure that Innovest's information assets, and those of its customers, are protected with appropriate levels of controls.

    Erick has over 20 years of security and information technology background. Prior to joining, Erick was responsible for information technology for the Washoe Tribe of Nevada and California and successfully built and managed its cross-state MPLS network and communications infrastructure from the ground up connecting eight data centers to its tribal headquarters.

  • Chip MooreSenior Vice President, Business Development

    Chip Moore

    With over 20 years of experience in sales and marketing management in the financial industry, Chip brings a proven track record of employee benefit systems software sales as well as product strategy expertise. Prior to joining ASI, Chip worked at SunGard, moving up through the sales ranks from Sales Representative to Director of Sales, and finally, Vice President of Sales for its Relius Administration division.

    Chip is responsible for the sales and business development strategy for Innovest's Payment Services division.

    Chip has a Bachelor of Arts in Administration and Marketing from the University of North Florida.

  • Mark SolomonChief Information Officer, Trust and Wealth Management Solutions

    Mark Solomon

    Mark has more than 18 years of technology experience, with most of that time spent in the financial services industry. Mark has extensive experience in complex product design and implementation. He has entrepreneurial and commercial software experience including product development, launch, marketing, and distribution for enterprise-scalable products, channel products, consumer and workgroup products, and OEM products.

    Before joining Innovest, Mark was a Principal Engineer at i-Deal, LLC. He was responsible for Application Development, Technical Architecture, Database Design and managing several engineering projects in support of i-Deal's mission-critical financial services platform.

    Prior to that, Mark was at MaxManager Corporation for two years, where he was the VP of Product Development and Co-Founder for the company that developed and marketed a software product that aggregated detailed online purchasing data while enhancing the end user's online shopping experience. Prior to that, Mark was with Wang Software for ten years, where he was a Senior Technology Manager in Application Development. Mark began his career at First Boston Corporation.

  • Sarah YoungSenior Vice President, Regulatory Compliance

    Sarah Young

    Sarah has over 20 years expertise in financial systems project management, with extensive knowledge of domestic US and global custody, trust accounting, retirement services, asset management operations, mutual funds clearance, and tax processing.

    Before joining Innovest, Sarah was a project manager in the Global Operations/Investment Management Division of Goldman Sachs. Sarah also spent 11 years at Deutsche Bank and Bankers Trust, where she successfully managed a variety of projects, including reconciliation systems support, new business integration, custody and corporate actions workstation development, and a securities and pricing database implementation.

    Sarah has a B.A. in Economics from Barnard College of Columbia University.