Our firm uses dbCAMS for a variety of portfolio management procedures, including daily account reconciliation, rebalancing, and quarterly reporting. The creators of dbCAMS, Financial Computer Support, Inc. (FCSI), was recently acquired by Morningstar. Morningstar purchased FCSI and its dbCAMS product to enhance the company’s visibility in advisers’ day-to-day management of client portfolios.
Not much mention has been made about Morningstar’s plans for dbCAMS, but I recently came across the Fall issue of Morningstar Advisor that sheds some light on their plans.
From the great folks over at 
I’m willing to bet that many advisers have clients who opened new IRA accounts over the last several years. These accounts are likely worth significantly less today than the total amount of original contributions due to the unprecedented market declines experienced over the last two months.
Boy, if there’s one thing I hate about the arrival of the end of the year, it’s the last-minute tax-related agendas Congress mulls around. 
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 
Finally, after many years of preparation, studying, and experience, I can now call myself a CERTIFIED FINANCIAL PLANNER™ certificant!
In case you missed it (like I did), the 
Here’s a quick note that will make RIAs happy in light of volatile markets.
