-- rebalance securities, including equities, mutual funds, ETFs, fixed
income and cash, using real-time prices on positions;
-- select batches of accounts, single accounts and even households, with
the ability to define households for rebalancing;
-- construct, import and maintain models for securities-based and target-
asset allocation portfolios; and
-- import proposed trades into the Web Trading Applet for validation and
execution.
"Integrating ASI Portfolio Rebalancing Solution into
schwabinstitutional.com makes it easier for advisors to automate important
portfolio maintenance tasks, which furthers our commitment to help advisors
increase back-office efficiency and achieve long-term growth," said
Marjorie Qualey, vice president of client reporting and online trading and
research for Schwab Institutional, a provider of custodial, operational and
trading support for more than 5,000 independent investment advisors.
Said Neal Ringquist, president and chief operating officer of Advisor
Software,
"Schwab Institutional's selection of ASI Portfolio Rebalancing Solution
represents a growing trend. More and more forward-thinking organizations
are realizing a competitive advantage by offering tools that help advisors
work smarter, make better trading decisions, and prove their dedication to
serving clients. To that end, Advisor Software expects a long partnership
with Schwab Institutional, providing solutions for ensuring advisor
satisfaction."
More About ASI Portfolio Rebalancing Solution
ASI Portfolio Rebalancing Solution, licensed by financial services
organizations, allows advisors to rebalance more than 100 accounts
simultaneously. The solution empowers financial services firms and their
advisors to quickly and easily rebalance client portfolios to an asset
allocation or model portfolio target. Key features of the application
include:
-- Locking Capabilities allow advisors to exclude securities from
rebalancing.
-- Multiple Account Rebalancing enables the concurrent rebalancing of
multiple client accounts to the same model portfolio and the ability to
generate the corresponding master trade list.
-- Household Rebalancing allows advisors to rebalance one or more
accounts from the same household to an asset allocation or model portfolio
target.
-- Style and Sector Analysis provides advisors with a single portfolio
view of all products within a household or single account.
-- Wide Investment Product Coverage allows advisors to rebalance accounts
with multiple product types including mutual funds, stocks, bonds and
exchange traded funds in a single application.
-- Advisor Customization allows advisors to configure the application to
reflect an advisor's existing practice by creating and saving asset
allocation targets and model portfolios. Advisors also have the option to
set custom constraints and generate proposals.
-- Integration Capabilities allow integration with existing portfolio
management systems.
About Advisor Software, Inc.
Advisor Software, Inc. is a leading provider of wealth management solutions
for the advice market. The company is an industry pioneer, having
introduced the first stand-alone enterprise rebalancing solution. In
addition, Advisor Software has pioneered the first complete wealth
management platform that combines institutional-caliber analytics and a
unique, balance sheet approach to financial planning. Advisor Software's
applications are designed for a wide range of asset management firms,
broker-dealers, banks, insurance companies, online brokerages, and other
financial institutions, enabling these institutions and their advisors to
deliver more insightful, actionable investment advice and build stronger,
more profitable client relationships. For more information, visit
www.advisorsoftware.com or call (925) 299-7782.
Contact Information: Press Contact: Andrea Corry Advisor Software, Inc. (925) 444-1306 acorry@advisorsoftware.com