# First Rate

> First Rate is a privately held global wealthtech company that supplies investment performance calculation, data aggregation, portfolio analytics, client reporting, and operational services to wealth managers, banks, trust companies, family offices, and alternative asset managers.

- **Founded:** 1991
- **Headquarters:** Arlington, United States
- **Founders:** David Stone (CEO and Co-Founder), Trina Stone (Executive Chair and Co-Founder)
- **Products:** CORE 2.0, Investment Performance as a Service (IPAAS), Data Services, Portfolio Suite, ExecView
- **Notable:** Reports average customer tenure above 14 years., Established presence across four continents., Nayan Madhamshettiwar and Alex Serman received individual FTF Awards in 2024.

## Products & services

- **CORE 2.0** — Performance analytics, customizable advisor dashboards, API-accessible widgets, and a drag-and-drop client report builder.
- **Investment Performance as a Service (IPAAS)** — API-delivered performance calculations, data auditing, editing, recalculation, and change logs.
- **Data Services** — Aggregation and normalization of custodial, held-away, and alternative investment data, including PDF statement ingestion with human quality assurance.
- **Portfolio Suite** — Integrated portfolio management, performance reporting, and fiduciary monitoring connected to InvestEdge ComplianceEdge.
- **ExecView** — Rules-based portfolio oversight, risk exposure analysis, outlier detection, and exception documentation.
- **First Rate Vantage Fund Administration Service** — Technology-enabled accounting, reporting, and administration support for alternative asset managers.
- **InvestSuite StoryTeller integration** — Narrative investment reporting integrated with CORE 2.0 and powered by First Rate performance data.
- **Professional Services and Managed Hosting** — Customization, integration, and hosted delivery support for institutional clients.

## Achievements

- Reports average customer tenure above 14 years.
- Established presence across four continents.
- Nayan Madhamshettiwar and Alex Serman received individual FTF Awards in 2024.
- Expanded into Chile through Finantech; acquisition announced in January 2023.
- Acquired certain InvestEdge wealth-platform assets in April 2023.

## Latest updates

- **2026-09** — Published Alternative Investments Went Mainstream. Did Your Reporting? on September 29.
- **2026-08** — Renewed its James Hambro & Partners analytics relationship.
- **2026-03** — Announced Vantage Fund Administration Service and April plans for new investor-portal and AI offerings.
- **2026-02** — Published a Synovus case study on consolidating administration, investment, and compliance review workflows.
- **2025-06** — Integrated InvestSuite StoryTeller with CORE 2.0.

## Links

- Website: https://firstrate.com/
- LinkedIn: https://www.linkedin.com/company/first-rate-inc/
- Twitter/X: https://twitter.com/FirstRatePerf
- YouTube: https://www.youtube.com/@FirstRatePerf/
- Facebook: https://www.facebook.com/FirstRatePerf/

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Profile page: https://yespress.io/first-rate
Published by YesPress — https://yespress.io
Last updated: 2026-10-01