23 January 2018
visit www.ebaday.com

American Express selects Morningstar's Advisor Workstation

02 May 2003  |  2046 views  |  0 American Express selects Morningstar's Advisor Workstation

American Express Financial Advisors is to roll out a customised version of Morningstar Associates' investment planning and advice platform Advisor Workstation to more than 10,000 users.

Under the deal, American Express will integrate the research, planning, clients, portfolios and sales applications from Advisor Workstation into its proprietary platform.

Once implemented, investors will have access to advice tools over multiple channels, including online, over the phone and face-to-face with a financial advisor.

Bill Elliott, vice president, financial advice, American Express Financial Advisors, says the package will help advisors improve delivery of personalised financial advice and client-oriented service while saving time and helping to boost productivity.

"As a Web-based solution, it also supports the increasing importance of technology in financial advice, giving advisors an easy-to-use, time-sensitive application that will allow them to more easily monitor and rebalance client portfolios," he adds.

The contract is the second between the firms this year. In January, American Express Retirement Services announced plans to offer advice and guidance services, powered by the MorningStar ClearFuture system, to its 330 client plans which represent a million participants.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.capgemini.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9322 views comments | 37 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9176 views comments | 14 tweets | 14 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8954 views comments | 12 tweets | 12 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8279 views comments | 17 tweets | 11 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
6912 views comments | 13 tweets | 25 linkedin

Featured job

Competitive base + commission
New York City, NY - USA

Find your next job