Oakbrook Solutions, the Leading Systems, Process, and Delivery Expert for the Wealth Management Industry, Announces Best Revenue Year in Company History With More Than 50% Increase Over Previous Fiscal Year
Oakbrook Solutions Inc., the global innovator in Wealth Management solutions, today announced Fiscal Year 2011 results for the period ending May 31, 2011. Fiscal Year 2011 was the best revenue year in the company’s history with more than a 50 percent increase over the previous year. Growth was especially strong in the company’s BPM practice with revenue from this segment accounting for 12% of the total.
Fiscal year 2011 was marked by a number of significant achievements:
- Successful implementation of our first WealthWorx® customer – Edward Jones Inc.
- Year over year headcount growth of over 50%
- Addition of seven new customers
“Fiscal year 2011 was a watershed year for our firm,” said Tony Painter, CEO of Oakbrook Solutions. “We recovered from the financial crisis of 2008 and saw the market validate our WealthWorx® solution with its successful implementation at Edward Jones.”
Craig Cook, President of Oakbrook Solutions commented, “I was especially gratified by the acceptance of our consulting solutions by the market. The work we did around “Cost Basis Reporting” and “Starting a Trust Company” had a significant impact on a number of our clients.”
Delivering Customer Value
Oakbrook Solutions is committed to its customers’ success, and delivers industry-leading solutions to the Wealth Management market. Oakbrook’s combination of consulting and software solutions provides everything business users need to drive transformational change.
About Oakbrook Solutions
Since 1999 Oakbrook Solutions Inc. has been the leading systems, process, and delivery expert for the Wealth Management industry. We provide consulting services and software solutions that solve problems commonly faced within our industry. Through our focus, expertise, and commitment to our clients, we have successfully serviced firms of all sizes, from start-up organizations to the world’s largest financial institutions.
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