Finishing Strong and Looking Ahead -- Together

Henry Ford said,?“Coming together is a beginning, staying together is progress, and working?together is success.”

FLX Networks began pulling together asset managers, advisors, and industry professionals almost?three years ago to boldly pursue the modernization and simplification of the asset and wealth?management engagement experience. Despite having to endure a global pandemic, a war in?continental Europe, capital markets volatility, 40-year-high inflation, and a remote work?environment, we continue to make progress. This progress directly ties to our culture, which is built?upon three distinct words: Care, Innovate, Respect. They have proven critical to driving?effective collaboration which we attribute to our early successes.?

After reflecting on all of this, three things come to mind:

• (People + Technology) – (Complexity + interruption) = Synthetic Scale??
• ?Investment partners provide capital; strategic partners provide scale.
• What lies ahead?

Some may say it’s “Dogs and cats living together. Mass hysteria!” (shout-out to Ghostbusters,?given Halloween is right around the corner).?From our perspective, it is the evolution of an?industry. The market forces and changing B2B landscape have companies of all sizes searching?for complementary and supplementary services and personnel to execute their visions. FLX?Networks finds itself at the intersection of this evolution, where we provide a community to?increase tailored engagement, virtual exchanges that provide access to services and subject?matter experts, and a single technology platform delivering a simpler way to engage your?business partners.?

We have quietly become one of the largest assemblies of sales, marketing, investment, and?operational subject matter experts in a single location with the purpose of making it easier to?access each other, information, and ultimately, value. What really makes our value proposition?resonate though are the people. By leveraging our purpose-built technology, we empower our?members to reduce the interruption and complexity associated with the outdated B2B ecosystem.?In essence, FLX Networks delivers?synthetic scale.?

You cannot disrupt and/or change an entire industry’s view on engagement alone.?Separately,?while money will clearly help fund your vision, it is critical that you align yourself with the correct?strategic partners.?Those that understand and agree with your vision, and who also appreciate?the importance of its success will bring additional credibility, support, and commercial viability to?your business.?In the coming weeks, you will hear more about our growing list of strategic?relationships that will bolster our capital base as well as the marketplace perception of a?revolutionary business model.

As our asset manager membership approaches 60, advisor membership crosses 500, and our?overall industry membership reaches 1,000, we are excited to share the following progress:

• Asset managers have saved over $10 million in discretionary costs by participating in FLX?Networks
• We have achieved over $1 billion in investment product sales since the inception of our shared?personnel experience
• We have delivered hundreds of hours of time saved from using the FLX Networks Community?and Data Vault

It is our expectation that in the coming year(s) we will reach new membership highs in asset?managers and financial advisors. We remain committed to offering asset managers a modular?and on-demand platform that complements and/or supplements their distribution strategy while?using a collaboration of services and products. Simultaneously, we expect financial advisors to?increasingly recognize the benefit of a single destination delivering a modernized and simplified?platform to drive more effective asset manager engagement through one of the largest?collections of subject matter experts.?

We have only just scratched the surface, and we look forward to what lies ahead.