Fidelity Expands Advisor Referral Program
Fidelity Investments has expanded its advisor
referral program for high-net-worth investors, Wealth Advisor
Solutions, to include investors in Southern California, Manhattan and
the New York tri-state area. The program began last December in San
Francisco, Chicago and New England.
Wealth Advisor Solutions is designed for customers
who seek sophisticated and complex services offered by fee-based
advisors, as well as investment advice and access to a broad range of
investment products and services. To help identify customers who can
benefit, Fidelity developed a robust profiling process to understand
customers' needs for services, such as tax and estate planning, along
with their product and investment discipline preferences. Advisors in
the program are selected because of their expertise in financial
planning, portfolio management and holistic wealth management and their
commitment to a high level of customer service.
"The immediate success of the new program
illustrates that many of Fidelity's high-net-worth customers see
tremendous value in working with an advisor to help them meet their
wealth management needs," says Scott Dell'Orfano, executive vice
president, Fidelity Registered Investment Advisor Group. "Because of
the program's success, we are seeing greater demand from advisors in
places where the program has yet to be introduced."
For more information about Fidelity's services, please visit http://ria.fidelity.com.
NorthStar 5.0 Streamlines Wealth Management
The latest version of the NorthStar Systems
International advisor desktop, NorthStar 5.0, streamlines wealth
workflows.
Its active Client Hierarchy has a graphical,
hierarchical representation of a client's financial network, including
relationships, portfolios, accounts and products. It links to CRM data
and has a firm-wide product catalog with a unique Product Finder and
Product Cart where advisors can locate, track and compare financial
instruments.
For more information visit http://www.northstar.com.
Rogé Select Opportunities Fund Launched
R .W. Rogé & Company Inc. has launched the Rogé
Select Opportunities Fund, its second mutual fund. It will have a deep
value investment approach seeking total return for shareholders.
The fund's principal investment strategy is to
invest in U.S. and foreign equity securities, including American
Depositary Receipts (ADRs), across the market-cap spectrum, and special
situations.
For more information call (973) 400-1341 or go to [email protected].
Retirement Gap Tracking Made Easier
Trust Builders Inc.'s new TRAK Batch Gap Analysis
illustration tool allows advisors to notify plan participants about
retirement gaps and what changes in contributions are required to close
them. The program includes retirement illustration software for
individual retirement counseling.
Participant information is imported into the
software's database in one batch transaction. An example of a Batch Gap
Analysis Illustration report is at http://www.TRAKCentral.com/documents/BatchGapOverview.pdf.
QA3 Partners With IPS AdvisorPro
QA3 Financial Corporation and IPS AdvisorPro have
announced a partnership to offer AdvisorPro's investment policy
statement software tool to QA3 advisors.
While investment policy statements have been around
for years, recent regulatory and media pressure for heightened
transparency has increased interest in them. They are most effective
when customized for each client. IPS AdvisorPro is Web-based software
that creates fully customized investment policy statements in minutes.
For more information, visit http://www.IPSadvisorpro.com.
First American Launches Quantitative Funds
First American Funds has launched three large-cap
quantitative funds that include proprietary models to assess how stocks
in underlying indices may perform in various macroeconomic and market
conditions.
The funds, which track the S&P 500, Russell 1000
Growth and Russell 1000 Value indices, blend this analysis with
quantitative statistical models, computer-driven portfolio models and
tightly constrained risk for quantitative portfolio construction. Call
(800) 677-FUND or visit firstamericanfunds.com.