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Wespath Joins with Stellar to Offer Subaccounting to Institutional Investors

March 16, 2021

New Accounting Platform Provides More Efficient Way to Manage Investments

Wespath Benefits and Investments (Wespath), together with its subsidiaries, including Wespath Institutional Investments (WII), has announced that it has joined with Stellar Technology Solutions, LLC (Stellar) to offer its institutional investors a subaccounting solution that delivers a more efficient and personalized investment accounting and record-keeping experience.

The Stellar iPhiTM Subaccounting Platform, offered through a secure, online portal, was designed to support the subaccount administration needs and nuances of faith-based, not-for-profit organizations. The Platform:

  • Provides investors real-time direct access to their accounts, as well as each of their client and donor accounts (subaccounts)
  • Updates subaccounts daily with performance and asset value information, allowing for better planned giving and portfolio control
  • Streamlines subaccount transactions, including contributions, withdrawals and distributions
  • Generates custom account statements
  • Eliminates many of the manual processes typically required to service subaccounts

Wespath and WII investors can also choose to provide their clients and donors with direct online account access.

“At Stellar we are passionate about innovating solutions that empower our clients. Our Platform specifically addresses many of the accounting, giving, investment and distribution inefficiencies and other challenges faced by United Methodist-related organizations, many of which have their own investors and donors with unique accounting needs,” said John Coogan, President of Stellar.

“We are excited to offer a subaccounting solution that will provide our clients, and their clients, with a richer, more tailored approach to account administration,” said Joe Halwax, Wespath’s Managing Director, Institutional Investment Services. “We believe this solution will help support them in their missions and ministries, by creating efficiencies and improving the overall investor and donor experience.”

If your organization is interested in learning more about the subaccounting solution made available through Stellar, including pricing, please contact our Institutional Investment Services team at [email protected] or 847-866-4100.

About Wespath Benefits and Investments
Wespath Benefits and Investments (Wespath) is a not-for-profit agency that has been serving The United Methodist Church (UMC) for over a century. In accordance with its fiduciary duties, Wespath administers benefit plans and, together with its subsidiaries, including Wespath Institutional Investments, invests over $28 billion in assets on behalf of over 100,000 participants and over 130 United Methodist-affiliated institutions (as of December 31, 2020). Wespath funds invest in a sustainable manner that supports long-term value creation while having a positive impact on the environment and society and upholding the values of the UMC. Wespath maintains the largest reporting faith-based pension fund in the world.

About Wespath Institutional Investments
Wespath Institutional Investments (WII) is a not-for-profit subsidiary of Wespath, a general agency of the UMC. WII provides investment solutions for institutional investors related to the UMC, including foundations, children’s homes, older adult facilities, higher education institutions and healthcare organizations. WII offers diversified global exposure to its world-class investment managers through a family of daily priced funds. WII’s investment process proactively incorporates the consideration of environmental, social and governance (ESG) factors into investments across asset classes and in the selection of external asset managers.

About Stellar Technology Solutions LLC
Stellar Technology Solutions, LLC is a leading software as a service provider of integrated enterprise level philanthropic fiduciary enterprise software for charitable organizations and for financial institutions providing services to nonprofit organizations. Stellar’s iPhiTM Product Suite administers more than $63 billion in assets for some of the largest and most well-respected community foundations, religious endowment philanthropies, commercially sponsored donor advised funds and planned giving/endowment programs in the nation.


Joe Halwax
Managing Director
E-mail: [email protected]
Phone: (610) 768-2281

Stellar Technology Solutions
John Coogan
E-mail: [email protected]
Phone: (570) 517-3500