LAFAYETTE, CA--(Marketwire - March 31, 2008) - Advisor Software, Inc., a leading provider of
wealth management solutions for the advice market, today announced that
Capital Analysts Incorporated, a Cincinnati, Ohio unit of Western &
Southern Financial Group with $8.1 billion in assets under management, has
implemented ASI Client Acquisition Solution®. In doing so, the
independent broker/dealer will ensure the delivery of more consistent,
insightful advice.
ASI Client Acquisition Solution is an institutional-caliber portfolio
construction and proposal generation solution. The flexible web-based
application provides support for a wide range of investment products and
can scale across the organization, supporting multiple advisors and
accounts.
In selecting ASI Client Acquisition Solution, Capital Analysts evaluated
applications from a number of leading firms. The factors that led Capital
Analysts to implement ASI Client Acquisition Solution were that the
application could be configured to meet the individual preferences of
advisors, offered support for a wide-range of pre-set asset allocation
models and enabled the creation of highly personalized investment
proposals. In addition, Capital Analysts could customize the solution to
integrate proprietary risk questionnaires and profiles.
Initial roll-out of the product includes support for Capital Analysts Asset
Management Services (CAAMS). These services feature seven management
account programs, offering multiple model portfolios that include fee-based
wrap programs, separately managed accounts, stocks and exchange traded
funds (ETFs).
"ASI Client Acquisition Solution will further Capital Analysts' commitment
of delivering more personalized, client-centered advisory services," said
Stephen T. Mayhew, CFA, SVP and chief investment officer for Capital
Analysts. "The solution is a good fit for our organization because it
provides the high level of configurability we need to support our uniquely
managed products, consider our own risk assessment process and help
advisors satisfy the needs of their diverse client-base."
"We are pleased that Capital Analysts selected ASI Client Acquisition
Solution, recognizing it as the most comprehensive, flexible application of
its kind," said Neal Rinqquist, president and chief operating officer of
Advisor Software. "This decision reinforces Advisor Software's strong
track record of enabling financial institutions to deliver
institutional-quality advisory services to the retail investor. To this
end, we look forward to a long relationship with Capital Analysts."
More About ASI Client Acquisition Solution®
ASI Client Acquisition Solution is an integrated platform that enables
advisors to review an investor's current portfolio holdings, conduct a risk
assessment, develop an asset allocation strategy, select securities, create
model portfolios and generate a comprehensive investment plan in 15 minutes
or less. The solution uniquely leverages institutional-caliber analytics
including asset allocation analysis, style and industry sector exposure
analysis, security overlap analysis, efficient frontier and Monte Carlo
simulation. Advisors can better serve existing clients and convert more
prospects into clients by demonstrating the benefits of selected investment
products and diversification strategies. Key features of the application
include:
-- Configurable workflows that allow financial institutions to setup
their own custom asset allocation models, model portfolios and investment
universes.
-- Comprehensive Investment Proposals that leverage advanced portfolio
analytics and an investment policy statement, and can be configured to
reflect the advisory firm's brand and promote its services to the client.
-- Wide Investment Product Coverage to support a range of security types
including mutual funds, stocks, bonds, exchange traded funds, separately
managed accounts and variable annuity sub-accounts.
-- Integration Capabilities for full-integration with user management and
authentication systems, portfolio management systems and trading platforms.
More About CAAMS
Capital Analysts Asset Management Services (CAAMS) is an innovative suite
of asset management programs which include:
-- CAAMS and CAAMS Plus -- open architecture programs that allow advisors
a wide variety of investment choices as a fee-based wrap program.
-- CAAMS Select -- a separate account program that features access to
more than a dozen high quality institutional money managers.
-- CAAMS Complete -- a combination of active and passive approaches to a
diversified asset allocation model that is cost-effective and tax
efficient.
-- CAAMS Stock -- portfolios that are diversified by sector, industry
group, capitalization and style.
-- CAAMS Exchange Traded Funds -- portfolios that provide an alternative
to mutual funds by using ETFs representing multiple asset classes and
styles.
-- CAAMS Unified Management Account -- a "best of breed" separately
managed account offering.
About Advisor Software, Inc.
Advisor Software, Inc. is a leading provider of wealth management solutions
for the advice market. The company has pioneered the first enterprise
rebalancing solution and a unique, goal-directed financial planning
platform that combines institutional-caliber analytics and a 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.
About Capital Analysts Incorporated
Capital Analysts Incorporated (CAI) was one of the original financial
planning broker/dealers, pioneering concepts like diversification and asset
allocation that are now industry standards. CAI was the first
broker/dealer to provide unbiased proprietary mutual fund research and one
of the first to offer "open architecture" fee-based asset management
programs. The firm takes this history of innovation into the future with a
visionary program that supports the independent advisor in growing a
successful wealth management services practice. For more information about
CAI, visit
www.capitalanalysts.com or call (513) 361-8700.
Contact Information: Contact:
Andrea Corry
Advisor Software, Inc.
(925) 444-1306
acorry@advisorsoftware.com