TD Waterhouse signs for PriceMetrix wealth management tech

Source: TD Waterhouse

TD Waterhouse Private Investment Advice, a premier full-service brokerage firm and a division of TD Waterhouse Canada Inc., has confirmed a multi-year agreement with PriceMetrix Inc., a practice intelligence solutions company that helps wealth management firms and their advisors enhance productivity and increase firm profitability.

TD Waterhouse will be rolling out three core PriceMetrix solutions - ValueOne, FeeCheck and CommissionCheck to its Investment Advisors starting in October 2012.

"The practice intelligence solutions by PriceMetrix will enable us to better identify opportunities to improve the value of services we deliver to our clients. PriceMetrix provides us with timely reporting and analytics that will empower our Investment Advisors to better understand their books of business and assess client needs," said Mike Reilly, President and National Sales Manager, TD Waterhouse Private Investment Advice.

PriceMetrix delivers business intelligence regarding investment advisor practices and productivity, as well as firm-wide benchmarking against competitive practices. This intelligence, combined with PriceMetrix' proprietary analytical tools optimize resources to better serve the wealth manager's clients and ensure they are up to date on industry best practices.

"We are very pleased to have TD Waterhouse come on board as a new client as they represent a premium brand in the Retail Wealth Management space in North America. Our proprietary software, industry know-how and powerful aggregated data will provide TD Waterhouse the capability to benchmark key performance metrics against industry peers. The insights we provide will translate into actionable intelligence which TD Waterhouse advisors can use to better serve their clients," said Greg Durand, VP Sales and Marketing at PriceMetrix.

PriceMetrix solutions are fueled by rich, normalized and aggregated data representing 3.2 million investors, 500 million transactions, 1 million fee-based accounts, 4 million transactional accounts and over $900 billion in investment assets. PriceMetrix practice intelligence solutions enable 25,000 advisors in North America to better analyze their client base and improve the products, services and overall value they deliver.

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