Investment Technology Blog

As fiduciaries, wealth management firms must be able to manage and track all investment recommendations to ensure they are in the best interest of their clients. InvestEdge enables firms to create customized investment recommendations for each client, implement those recommendations, and monitor investments to verify the decisions made align with the client best interest.

Detailed, customized reports are a critical tool for attracting and retaining HNW, UHNW and institutional investors. After all, reports are one of the few tangible things clients receive from any investment firm. Yet creating and distributing reports can be a time-consuming task -- especially when a large number of complex accounts are involved.

How to demonstrate advisor value and build trust through better communication. For many advisors, developing reports means running numbers. They spend their time pulling data from disparate databases, adding a little bit from the accounting system here or an update from performance returns there. Then they have to format the document just to make it presentable. When advisors are stuck in this manual mindset, reporting is a major drain on time and the end result is not meaningful.

InvestEdge has specialized in fiduciary compliance for nearly two decades. We have equipped thousands of advisors with the tools needed to demonstrate the smart thinking behind every decision on a client’s behalf.

Reliable performance calculation results, translated into easy-to-understand reports are a requirement for today's wealth managers. The presentation must be provided accurately and in a timely manner, representing the performance of your client's investments.

At the 2018 ABA Wealth Management and Trust Tina Madel, VP of Solutions at InvestEdge talks about current industry trends in fiduciary compliance.

Click here to listen.

When advisory firms look to improve their technology, there's almost always pressure to make those moves fast. Firms know that time to market can make or break the impact of a new feature or tool, and that upgraded technology will be far less impressive if takes too long to get it in front of advisors and clients. But rushing important upgrades can create a patchwork of solutions that becomes expensive to maintain and ultimately thwarts advisors' abilities to deliver any real value to clients.

Over the next 40 years, more than $30 trillion will pass from baby boomers to Generation X and millennials. It is generally considered to be the most significant transfer of wealth in American history. For financial firms and their advisors, this transition represents opportunity -- if they’re prepared to win over this new generation of investors, that is.

After numerous delays, updates and court decisions, the future of the DOL Rule remains uncertain. While regulators still have not offered a clear picture of what to expect, advisory firms are using this time to examine their processes and payment structures to ensure they will be prepared to comply.

PAM's briefing takes a look at the challenges facing wealth advisors attempting to optimize their client reporting process, including increasingly complex portfolio structures, changing client demographics and difficulties in integrating technologies.