Source: Albridge Solutions
Albridge Solutions, a provider of enterprise wealth management services and technology expanded the capabilities of its Albridge Wealth Reporting platform to include mutual fund and ETF research capabilities, along with proposal generation and hypothetical illustrations.
In addition, Holbrook, NY-based American Portfolios announced that its network of financial advisors will be the first to access this premium Albridge service. The launch represents the first integration of research information within Albridge Wealth Reporting since the technology debuted in January 2000.
Through the Albridge Wealth Reporting Web-based portfolio accounting and performance reporting platform, financial advisors have anytime, anywhere access to consolidated client account information and can generate a variety of performance, asset allocation, holdings, transactions and benchmarking reports for clients, on demand. Now, Albridge's open architecture also provides one-touch access to Wall Street On Demand's Horizon platform. Horizon enables financial advisors to view Lipper research that spans more than 46,000 funds, including mutual funds, sub-accounts, variable underlying funds and exchange-traded funds. Additionally, this technology provides financial advisors with the ability to create investment proposals and perform hypothetical illustrations for their clients.
The Horizon integration reflects Albridge's commitment to open architecture development and to providing financial advisors with the ability to navigate from the platform to other third-party and proprietary applications. These solutions represent several core components of an advisor workstation, including financial planning, customer relationship management, and more.
"Through the Albridge platform, we are in a position to provide value added services to our affiliated representatives," said Lon T. Dolber, CEO, American Portfolios. "With the integration of Albridge Wealth Reporting and Horizon, we can provide them the best of both worlds. They will have access to an array of client data and additional tools that offer them the flexibility to manage their businesses and concentrate on building and strengthening client relationships."
"In addition to accessing a single view of a client's assets through Albridge Wealth Reporting, advisors have instant access to a rich array of information from Lipper that takes their understanding of the client's portfolio to an even deeper level," said Jake Rohn, executive vice president, Albridge. "Now, financial advisors can rely on Albridge Wealth Reporting to take the next step in managing the lifecycle of wealth management activities - from client management, wealth planning and research and analysis to portfolio accounting and performance reporting, client reporting and fee billing."