Fortigent, LLC began in 1994 when Jamie McIntyre and Steve Lockshin collaborated to create CMS Financial Services,[1][2] a wealth management, consulting and performance reporting firm based in Rockville, Maryland.
[3] CMS Financial Solutions focused on implementing absolute return and hedge fund strategies as a means of diversifying portfolios, and quickly became one of the largest independent consultants in equity risk management.
After the acquisition in 2001, CMS Financial Services changed its name to Lydian Wealth Management in early 2003,[9] but retained the same services and business platform, while the Fortigent platform continued to evolve and expand under Lydian Trust Company.
[citation needed] In 2005 Fortigent spun off from Lydian Trust Company and was formally introduced as an outsourced wealth management and technology platform for third-party advisors targeting high net worth clients.
[10][11] Fortigent was bought by LPL Financial Holdings in April 2012[12][13][14] and moved its operations from Maryland to Charlotte, North Carolina in 2015[15] after a $9 Million restructuring.