Last week, we announced that there are currently over 6 million accounts and $445 billion in assets under administration (AUA)* running on the FDx SingleSight wealth management technology platform. As a chief technology officer, I think it is important that wealth management firms consider the factor that technology architecture plays in growing the business. Continue reading
Raymond James Deploys FolioDynamix Software for Investment Proposal Generation
Today we announced that Raymond James is deploying FDx Propose to all of its advisors nationwide as the standard system for client proposal generation and investment policy statement (IPS) management for its managed account business. Raymond James is one of the largest wealth management service providers and registered investment advisory firms Continue reading
Rep-as-PM Managed Accounts Don’t Deserve a Bad Rap
There has been a lot of buzz lately on the growth of registered rep-as-portfolio manager managed accounts. FundFire recently published an opinion series debating the pros and cons of rep-as-PM programs. I gladly accepted the opportunity to provide the “pro” view. Continue reading
Must Have Wealth Management Technology for 2012
Determined to end your struggles with manual, outdated processes and siloed, legacy technology this year? There are no excuses not to modernize your wealth management technology Continue reading
Posted in Company, Leadership, Technology
Tagged FDx SingleSight, FolioDynamix, wealth management technology
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FolioDynamix welcomes new CFO
FolioDynamix continues its run of hiring top industry executives as we advance our leadership position in wealth management technology and programs. The latest addition to the FolioDynamix leadership team is Mark Herman. As Chief Financial Officer of FolioDynamix, Mark will oversee all financial management for the company, including financing strategy, accounting and budgeting, and play an integral role in evaluating potential acquisitions to drive company growth. Continue reading
Posted in Company, Leadership
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Investment performance reporting and analysis – are you competitive with other firms?
The Report & Perform phase of the wealth management lifecycle is critical to your ability to survive as a wealth management service provider. Offering robust investment performance reporting is necessary on many fronts – advisor visibility, home office governance and client transparency to name a few.
Are you happy with your firm’s reporting capabilities? Continue reading
Wealth management: how to better monitor, manage and rebalance across all of your accounts as AUM grow
The Monitor & Manage phase of the wealth and investment management lifecycle is often one of the most difficult for wealth service providers. In building the best wealth management platform, the creation and establishment of asset allocation and investment models is only half of the equation. How you monitor, manage, trade and rebalance accounts should be equally as important – especially in times of economic volatility and financial market fluctuation. Continue reading
Posted in Technology, Wealth Management Best Practices
Tagged FDx Manage, Order Management, rebalancing, Trading, UMA, UMH, Wealth Management
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Unified managed account (UMA) and rep-as-portfolio manager programs drive growth in wealth management
As the interest in deploying unified managed account (UMA) programs increases, several industry groups have taken polls to gauge the expected growth versus other programs. A FundFire poll (login required) this week showed UMA winning the most votes, while an Aite Group poll earlier this month showed Rep as Portfolio Manager (rep-as-PM) as the winner in terms of asset growth. So where do we stand? Continue reading
Posted in Market Trends
Tagged portfolio manager, rep as PM, UMA, unified managed account, Wealth Management
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5 capabilities for better investment model management
In this blog post, we explore how investment model management technology can support the Model phase of the wealth management lifecycle.
Proprietary investment models can serve as the foundation of a wealth business value proposition. Whether these models are developed at the home office or by financial advisors running rep as portfolio manager (rep as PM) programs, investment models can be a key competitive differentiator. Continue reading
Effective proposal generation – Part II: The Technology
In today’s competitive environment, winning new client business and retaining client trust are critical – and that starts with proposal generation that meets a client’s unique needs and differentiates you from other firms.
FolioDynamix designed FDx Propose with your key business criteria in mind. Available in a web-based, software-as-a-service environment, FDx Propose will give you customized proposal generation with just the right amount of system flexibility, down to the user level – with low overhead, rapid deployment to advisors and easy accessibility. Continue reading
Posted in Market Trends, Technology
Tagged FDx Propose, FolioDynamix, proposal generation, Wealth Management
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