In today’s video spotlight, Sheryl Rowling, CEO of Total Rebalance Expert (TRX), walks me through the process of adding scale to portfolio management through rebalancing software.
In addition to scalability, advisers also implement rebalancing software to save money. Hear what Rowling has to say about how advisers save roughly $325,000 per year with this important tool.
Financial Planning magazine conducts an annual survey of its readers to gauge the different types of technology in use by financial planners and advisers. 2008 marks the second year of the survey, and Joel P. Bruckenstein published an overview of the results and a comparison to last year’s survey information.
Click here to view Bruckenstein’s review of Financial Planning’s 2008 Software Survey.
Here’s my 30-second take if you don’t have time to read the entire review:
On my radar this week is a Schwab Institutional Webcast on the recent enhancements to their Portfolio Rebalancer utility. After viewing an excellent demo of Tamarac on Day 2 of the NAPFA Technology Conferencein Las Vegas, I’m interested in seeing what Schwab is doing to position their own rebalancing and trading tools to streamline trading operations in independent adviser offices.
The webcast will be held this Thursday, November 20 at 4:00PM EST/1:00PST. Unfortunately our company has an all-day offsite staff retreat scheduled for Thursday, so I’m not able to attend the webcast. I’ll look for a link to the webcast archive and post it here if one is available.
It features Heath Batz, senior manager of online trading tools at Schwab Institutional, and Michael Granger, Vice President of Implementation and Client Management at Advisor Software, Inc.
Schwab Institutional recently announced updates to its online Portfolio Rebalancer utility. In response to feedback from advisers, Schwab added several new features to the rebalancing tool.
Holding Information View
The first feature added is the ability to view holding information for a client either by account or in aggregate from the primary step. This option saves a few clicks so the user can quickly identify the relevant holdings for any given client.
