Today is the final day of FPA Retreat 2011, and Bill will soon be flying to Baltimore for a short weekend visit before returning to Dallas next Monday. As the events at Retreat unfolded, we’ve taken brief breaks to cover the best of technology news for advisers this week.
Here are this week’s stories of interest:
TechCheck: Archiving for QuickBooks gets quicker from InvestmentNews.com
This InvestmentNews update covers a new Quickbooks integration in eFileCabinet Inc., a free social media policy resource, and news of the partnership between Trust Company of America and Black Diamond Performance Reporting.
TradeWarrior and TradePMR Announce Integrated Partnership from MarketWire.com
TradeWarrior and TradePMR announced today an integration between the two firms. The partnership provides TradePMR advisors with the ability to seamlessly export their client data files into TradeWarrior’s powerful rebalancing and trading system. The affiliation marks the first time TradePMR has made rebalancing software available to their advisors.
Lean on Me at FA-Mag.com
The major custodians are taking a leaf from the page of the independent broker-dealers who, in the best of cases, look beyond their advisors’ need for trade execution to the entire area of practice management.
Dropping Out of the Tech Arms Race at RegisteredRep.com
But even while confidence has slowly crept back among advisors, as the market has cooperated as well, many are still holding tight to the lessons of the past few years — spending on technology, but with a new kind of financial savvy and discretion.
Read Bill’s column for the May issue of the Journal of Financial Planning, Five Misconceptions About Document Management
Financial planners have benefited tremendously from new technologies introduced in the digital age by being able to conduct much of their business while on the go. However, one area of the digital movement that financial planners have been slow to adopt is document management technology.
The Tech Needs of Advisors on Advisor TV at Financial-Planning.com
At the Tiburon CEO Summit, Stuart DePina, CEO of software provider, Tamarac Corp., discusses what firms need to do with technology to service clients more effectively.
