Welcome!

News Feed Item

Powerful Portfolio Analytic Tools Help Advisors and Asset Managers Differentiate Themselves

AdvisoryWorld, FTJ FundChoice and TD Ameritrade Provide Competitive Advantage

LOS ANGELES, Aug. 5, 2014 /PRNewswire-iReach/ -- AdvisoryWorld, a leader in portfolio analysis, investment planning and proposal-generation software, and FTJ FundChoice, LLC, a leading provider of sophisticated investment and reporting solutions for advisors and their clients, are partnering to provide advisors the tools they need to create client proposals that set them apart from competitors.

Photo - http://photos.prnewswire.com/prnh/20140804/133056

"We know how important it is for advisors to quickly communicate their value to varying investor types," said AdvisoryWorld COO Michael Wilson. "Together with FTJ FundChoice and through our integration with the TD Ameritrade Veoâ platform, we offer the tools they need present portfolio analytics at any level of sophistication."

CASE STUDY #1: FINANCIAL ADVISOR REALIZES SUBSTANTIAL GROWTH IN 2013 (AND ON TARGET FOR EVEN MORE IN 2014)

Jeremy Portnoff, founder of Portnoff Financial LLC, with offices in California and New Jersey, has been using AdvisoryWorld's SCANalytics web-app for just over a year. He considers it an essential factor in his growth – his firm grew approximately 50 percent in 2013 and is on target to exceed that in 2014.

"It's critical when talking with prospective clients to be able to differentiate my firm," said Portnoff. "Being able to quickly show them a visual comparing how we would construct their portfolio to what they currently have is extremely powerful. The tool provided by FTJ FundChoice and AdvisoryWorld is excellent." Portnoff appreciates the ability to customize reports with his logo and color branding elements. The tool's flexible reporting allows him to deliver proposals which showcase basic principles of asset allocation as well as more advanced Modern Portfolio Theory statistics.

Portnoff says many clients come in with a hodgepodge of investments but their focus is on retirement planning and they often don't realize the amount of risk they are taking with their current portfolio. By using the AdvisoryWorld app, Portnoff can show them a clear hypothetical illustration of the difference of having a professionally managed diversified portfolio that has historically provided a higher return with less volatility. Once clients see this, they recognize the value in having him manage the portfolio and are willing to let him change their holdings. This has been the case with several large clients over the past year.

CASE STUDY #2: ASSET MANAGER LANDS KEY ACCOUNT (WINDFALL FOR ASSET MANAGER, TAMP AND CUSTODIAN)

The tool is flexible enough to be used with consumer investors as well as with sophisticated wealth managers. Optimus Advisory Group provides asset management services to other advisory firms, offering model portfolios through FTJ FundChoice. Managing Member Paul Hewitt uses the analytics tool to prepare proposals and generate fact sheets for his models to demonstrate how Optimus can complement, and in some cases replace, what the advisor is currently using. He also uses the integrated optimization tool to blend multiple strategies on the efficient frontier and appreciates the availability of extensive data on Mutual Funds, SMAs and ETFs.

"SCANalytics is perfect for our needs, and with the short learning curve we were able to utilize it immediately as our primary marketing tool," said Hewitt. "We were spending a lot of time generating our own fact sheets, but now we can create them instantaneously with high quality graphics."

Optimus recently finalized an agreement with an independent broker/dealer who had been evaluating a number of strategists and asset management platforms and decided to go with FTJ FundChoice. Several of the firm's advisors have started moving clients' portfolios over to Optimus after reviewing the fact sheets and proposals. Hewitt anticipates that ultimately they will have transferred over $50 million in assets to Optimus, which is also a win for FTJ FundChoice and TD Ameritrade, Optimus' custodian.

"With AdvisoryWorld's SCANalytics integrated with FTJ FundChoice and the TD Ameritrade Veoâ platforms, we gain even more efficiencies during client reviews," added Hewitt. With a few taps, AdvisoryWorld is able to retrieve client, account and position data from Veoâ. "This has enabled us to accelerate our growth, which is on track to nearly double in 2014."

COMMUNICATING VALUE TO THE CLIENT

"Regardless of how skilled and experienced an advisor or asset manager is, the ability to show value to the client is essential," said FTJ Fundchoice National Sales Manager Cory Kendall. "By partnering with Advisory World, and integrating the performance of our 13 strategists to provide the best possible analytics, we are able to help financial advisors, and ultimately their clients, achieve their financial objectives."

ABOUT ADVISORYWORLD

Founded in 1987 by Philip Wilson, AdvisoryWorld is a leading provider of asset allocation, multi-security modeling, optimization, hypotheticals, cash-flow analysis and security and portfolio analysis software to investment professionals including Registered Investment Advisors, Wealth Managers, Broker/Dealers, TAMPs, Banks and Insurance Companies.

The company delivers its financial tools through software, remotely as web services and customized as professional services. The portfolio analysis software and investment analysis software and technology enable RIAs and other investment professionals to optimize portfolios using the efficient frontier as well as analyze risk metrics and manage risk by using several Modern Portfolio Theory statistics such as Alpha, Beta, R2, Sharpe Ratio and Correlation. Learn more at www.AdvisoryWorld.com.

ABOUT FTJ FUNDCHOICE

Established in 2001, FTJ FundChoice,TM LLC (FTJFC) strives to provide advisors with sophisticated investment solutions, necessary to meet the needs of their clients. The firm's mission is to provide advisors with efficient and scalable back office solutions allowing advisors to focus on raising assets and servicing clients. They strive to accomplish this through innovative offerings, accountability, and respect for advisors and their clients. FTJ is focused on delivering a high touch Turnkey Asset Management Program (TAMP). Advisors have the ability to efficiently manage their existing investment management process as a standalone through the creation of model portfolios or in conjunction with investment strategists designed and monitored by leading institutional advisory firms. Learn more at www.FTJFundChoice.com.

Media Contact: Leslie Swid, Impact Communications, 913-649-5009, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE AdvisoryWorld

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
For far too long technology teams have lived in siloes. Not only physical siloes, but cultural siloes pushed by competing objectives. This includes informational siloes where business users require one set of data and tech teams require different data. DevOps intends to bridge these gaps to make tech driven operations more aligned and efficient.
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
HyperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let's say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...