-- Equivalencies -- Leverage a unique algorithm that eliminates the need
for transactions and associated fees on securities that are equivalent to
one another.
-- Restricted Securities -- Prevent certain securities from being
purchased on an account basis or globally.
-- Held Away Accounts -- Enable a more holistic view of a household's
accounts and allow advisors to incorporate held-away accounts into any
rebalancing session. This also allows the advisor to combine accounts
across multiple custodians and create a more realistic risk profile.
-- Compare Analytics -- Allow a comparison of the pre-rebalanced to post-
rebalanced portfolios at the account or household levels.
-- Enhanced Diagnostics -- Provide advisors with the analysis they need
to present the historical performance of portfolios and the securities that
make up those portfolios, and understand the potential tax impact of
trades.
-- Cash Buffers at the Account Level -- Allow advisors to generate cash
during rebalancing as either a fixed dollar amount or a percentage of the
portfolio value. Using cash buffers, advisors can ensure that the account
meets cash buffer constraints, resulting in a cash balance that can be used
to meet future client liquidity needs. This enhances the application's
existing feature of cash buffers as a global constraint.
-- Style and Sector Overrides -- Allow the advisor to create and save
custom exposures for particular products at the style and sector levels.
-- Enhanced Integration with Trading Systems -- Allows the advisor to
export their trade list to various file forms to import or pass to a
trading system.
-- Cash Investment or Cash Generation -- Enables the advisor to manage
cash within an account with a full rebalance.
"As an organization, Advisor Software has been recognized for being nimble
in responding to the needs of its clients and the market at large," said
Neal Ringquist, president and chief operating officer for Advisor Software.
"The latest upgrade of ASI Portfolio Rebalancing Solution further reflects
this flexibility, providing an even easier, quicker way for financial
institutions and their advisors to manage investor portfolios and deliver
more holistic, personalized advice."
More About ASI Portfolio Rebalancing Solution
Featuring a rules-based environment that is defined by the organization,
ASI Portfolio Rebalancing Solution offers an intuitive workflow that is
easy-to-use. Leveraging Advisor Software's institutional-caliber analytics,
ASI Portfolio Rebalancing Solution empowers advisors to quickly and easily
rebalance client portfolios to an asset allocation or model portfolio
target. The application offers the following basic features:
-- Household Rebalancing to a Single or Multi-Model Framework allows
advisors to rebalance accounts from the same household to a single
household model or separate models for each household account. Advisors can
then generate an investment proposal and trade list.
-- Single Account Rebalancing lets advisors rebalance a single client
account and generate the corresponding trade list to implement
recommendations.
-- Multiple Account Rebalancing enables the concurrent rebalancing of
multiple client accounts (batch) to the same model portfolio and the
ability to generate the corresponding master trade list.
-- Locking Features allow advisors to exclude securities from being sold
during rebalancing at the account or global levels. The locked items remain
in the account and are included in diagnostic reports and the final
proposal.
-- Tolerance Bands identify when accounts drift away from the securities-
based model, isolating the rebalancing process to just the securities that
have drifted beyond advisor-set bands. Advisors can set standard tolerance
bands to all the securities in a model or individually apply bands to each
security, minimizing transactions from swings within the portfolio and
automating the trade evaluation process.
-- Rebalance Accounts with Multiple Security Types allows an advisor to
leverage a single platform for supporting a wide-range of investment
products such as mutual funds, stocks, bonds, exchange traded funds,
separately managed accounts and variable annuity sub-accounts.
-- Integration Capabilities allow full-integration with existing
portfolio management systems.
-- 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.
About Advisor Software, Inc.
Advisor Software, Inc. is a leading provider of wealth management solutions
for the advice market and the market leader in portfolio rebalancing
software. The company is an industry pioneer, having introduced the first
end-to-end platform for goal-directed investment management that combines
institutional-caliber analytics and its innovative ASI Balance Sheet
Approach(SM) 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.
More than 30,000 advisors are currently using Advisor Software's
applications through leading financial institutions 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: Contact: Andrea Corry Advisor Software, Inc. (925) 444-1306 acorry@advisorsoftware.com