National securities broker-dealer Questar Capital (Questar), a division of Allianz Life Insurance Company of North America (Allianz), announced today that it has selected Albridge Solutions, an affiliate of Pershing LLC, a BNY Mellon company, for its enterprise wealth management services.
Services include multi-custodial performance reporting and a market-leading data consolidation platform.
"The decision to implement Albridge's technology platform underscores Questar's commitment to providing our registered representatives with the best resources available," said Kevin Bachmann, president and CEO of Questar Capital. "The consolidated statements and portfolio reports produced through Albridge will help our financial professionals strengthen communications and relationships with their clients."
Questar's network of more than 650 registered representatives will have access to Albridge's technology platform, which can generate a range of on-demand client reports and consolidated client statements. Under the terms of the agreement, Questar advisors will also implement Albridge's client data integration solution, which provides financial professionals with the ability to integrate client data and connect with third-party software that supports financial planning, investment research, and client presentations.
"We look forward to providing Questar with unmatched service and support as they implement our enterprise data management and wealth reporting platforms," said Greg Pacholski, chief executive officer, Albridge Solutions. "Managing client data with greater efficiency through Albridge's solutions will help Questar's advisors handle their book of business more effectively."