Fidelity Offering New Portfolio Management System

Fidelity Investments of Boston will offer registered investment advisors an institutional-level portfolio management and order generation system. Fidelity is providing a single point of contact for service and support.

Fidelity partnered with New York-based Integrated Decision Systems (IDS) to offer the system, which will be piloted later this year and more broadly available in 2005. The system will be built on an application service provider (ASP) model that allows advisors to access fully reconciled client data via the Internet and replicate it on their desktops. The system will offer customized client reporting, AIMR/GIPS-compliant performance measurement, trust separation of principal and income cash, and support for many kinds of investments. It also automates tax aware order generation, from "what if" analysis to multi-tiered modeling and rebalancing, with no re-keying of data.

"Combining a leading portfolio management and order generation system with our brokerage platform and commitment to service makes this a unique and compelling offering in the independent advisory marketplace," said Jay Lanigan, president of Fidelity Registered Investment Advisor Group. "Now advisors will have additional choice in their technology options and access to the sophisticated portfolio management capabilities they need to effectively service their high-net-worth clients."

<script language="JavaScript" type="text/javascript"> document.write('<a href="" target="_blank"><img src="" /></a>'); </script><noscript><a href="" target="_blank"><img border="0" src="" /></a></noscript>For more information about Fidelity Investments, visit

FCSI Releases Product

Financial Computer Support Inc. (FCSI) of Oakland, Md., has released ViewMyAccounts (VMA), a Web-based product that improves client communications. VMA leverages the data stored in dbCAMS+ or Vestige+ portfolio management systems to offer online viewing of data and reports for advisors and their clients.

Advisors can test VMA by visiting FCSI representatives are available weekdays from 9 a.m. to 5 p.m. EST to provide assistance and can be reached toll free at (877) 432-2267 or via e-mail ([email protected]).

MetLife Launches Annuity

MetLife Retirement & Savings of New York has launched MetLife Personal Pension Builder, which provides employees with the ability to accumulate future guaranteed income for retirement while they're still working.

Personal Pension Builder is a deferred income annuity that can be purchased through payroll deduction, has no contribution limit and is portable. For more information about MetLife, please visit the company's Web site at

Thomson Financial Service

Thomson Financial in New York has launched Thomson MarketView, which provides stock and industry analytics.

Thomson MarketView combines news and market commentary from Dow Jones Newswires with Thomson's independent research, ratings and market data.

More information on Thomson Financial is available at

BONY ADR Program

The Bank of New York has enhanced its American depositary receipt (ADR) conversion platform, ADR Direct, so that it offers electronic trading and real-time ADR conversions.

<script language="JavaScript" type="text/javascript"> document.write('<a href="" target="_blank"><img src="" /></a>'); </script><noscript><a href="" target="_blank"><img border="0" src="" /></a></noscript>Using a patent-pending process, ADR Direct now fully automates ADR conversions and is the only platform that doesn't require manual intervention or follow-up. Additional information on the company and its services is available at

LPL Adds New Choices For Separate Accounts

Independent broker-dealer Linsco/Private Ledger (LPL) of San Diego has added a platform to its Manager Select Diversified Portfolios (MSDP) program, which provides an asset allocation option for separate account investors that can be more affordable and more efficient than constructing a portfolio of independent strategies.

The platform, Portfolio Services Group offered Affiliated Managers Group Inc., has created four broad asset class models with $300,000 account minimums and five asset allocation models with $500,000 minimums. Some managers in the program are Essex Investment Management, The Renaissance Group, Davis Hamilton Jackson & Associates and Systematic Financial Management.

For additional information about LPL, visit or call (888) 564-6575, ext. 6555.