Our Service Bureau Partners
These third-party experts can manage the technology infrastructure and key data-management functions for your office. We can help you navigate which solution might be the best fit for your firm. Rest assured that you still own your data with each of these partner solutions.
With Unified Household Reporting, your clients receive distinctive, consultant style reports, optimized for managed accounts. Unified household reporting can roll together a client's full set of assets: UMAs, other managed or advised accounts, partnership interests and other assets, as well as accounts advised away. Adhesion offers a fully outsourced, managed service forclient reporting which includes the needed back office administration such as multi-custodian data consolidation and reconciliation, PortfolioCenter® administration, performance measurement, and billing, without the requirement for you to administer technology or hire operations staff. Distinguishing features of include: 'Always Available' reporting on current data; daily, time-weighted performance calculations; and flexible benchmarking methods (blended, fixed, policy or custom) with a vast library of available indices.
With the Unified Managed Account (UMA) Platform, you have the flexibility to construct custom composite allocations from an open-architecture library of investment strategies from nationally-acclaimed and boutique money managers, and your own proprietary models. Integrated into the UMA offering, Adhesion delivers overlay portfolio management, active tax management, accommodation of client-specific customizations and compliance mandates, continuous account monitoring, trading, account reconciliation, billing, performance reporting, manager due diligence and client proposals.
For more information: www.adhesionwealth.com
AllBackoffice Consulting (ABC) collaborates with you to create a technology and service offering designed to maximize the PortfolioCenter capabilities for your practice. ABC offers flexible PortfolioCenter® management services, including fully-hosted data, daily reconciliation, billing, account aggregation, data integration and performance reporting. Additionally, for each practice, ABC shares a living, comprehensive back-office technology assessment and quarterly project/implementation plan. Your custom plan is designed to save you time, upgrade technology, improve on the service you deliver to your clients and support you through your ongoing technological evolution of back-office applications and web solutions.
ABC's fees are flexible to facilitate a trusted consultant partnership with your practice.
For more information: www.allbackoffice.com/servicebureau
Their Operational Services can include download, reconciliation, reporting, billing, new account set-up, cost basis reconciliation and more. Their IT Services include fully-hosted data and applications, enabling you to operate with only a computer and internet connection.
Their Compliance Services are administrative in nature and enable your Chief Compliance Officer to function at a supervisory level, with BOC providing the skilled assistance they need to maintain your firm’s compliance program. Their Consulting Services and resources are extensive and versatile. They can help you implement technology solutions in Client Relationship Management (CRM), trade implementation, report automation, as well as other special projects.
BOC is a problem solving firm with specific expertise in systems integration, process standardization and creating comprehensive solutions for advisors.
For more information: www.backofficeconnection.com
With experience in full time outsourcing since 1996, BOSS has worked with many portfolio management systems (PMS) and client relationship management (CRM) systems and gives you the benefit of expertise with multiple platforms and a wide variety of advisory firm profiles. BOSS' Service Bureau saves advisors time and money by delivering comprehensive data management, accurate account values and client reporting, all in a secure hosted environment. The service includes fully functional web hosted PMS, secure 24 / 7 access, daily account reconciliation, manual entry where needed, fee billing, ROR calculation and reporting, on-demand reports, quarterly statements and much more. BOSS will take care of the data … so you can take care of the clients!
For more information: www.thebackoffice.biz
Envestnet | B-Ready helps you deliver the best possible service to your end clients. Working with you to develop a complete view of your firm’s operations, their teams will collaborate with your internal staff to create a clear and concise action plan for outsourcing the business processes specific to your firm. Envestnet | B-Ready services include, but are not limited to, a fully-hosted PortfolioCenter® solution, daily reconciliation, extensive consulting in report preparation, billing, cost basis, projects and manual data entry. Envestnet | B-Ready provides best practices for specialty data maintenance, encompassing alternatives and private equity management as well as integration with third-party providers (data aggregators, CRM, web hosts, etc.)
Fees to Envestnet | B-Ready are established as a fixed monthly retainer.
For more information: www.envestnet.com/b-readysolutions
Envestnet | Tamarac, a division of Envestnet, Inc. (NYSE: ENV) since 2012, combines a comprehensive portfolio management offering with an integrated suite of RIA technology. Tamarac Advisor Xi® integrates portfolio accounting, model management, monitoring, rebalancing, trading, performance reporting, and enterprise-level client relationship management (CRM) software. The integrated software components can be purchased separately and all applications benefit from the portfolio accounting data that flows from PortfolioCenter® throughout the Advisor Xi suite. Tamarac’s outsource services aggregates your firm’s account information—even held-away assets—enabling you to view your clients’ daily account, holdings and trade information throughout Tamarac’s Advisor Xi suite. Our outsource services offer a variety of portfolio management capabilities, including daily position reconciliation, daily performance calculations, and leverages advanced in-house technology to automate complex billing scenarios, such as average daily balance, unlimited tiered billing, flat fee billing, billing adjustments, and more.
For more information: www.tamaracinc.com.
Financial Support Services (FSS) offers web server access to PortfolioCenter with back-office support for daily downloads, quarterly reporting and client billing. Database management services include the downloading, posting and reconciling of client data and the set up of new securities, client accounts, models and blended benchmarks.
FSS also runs portfolio and asset class performance and can assist with quarterly client reporting, billing and management fee uploads. Manual input of historical data and cost basis is available. Advisors that are members of the National Association of Personal Financial Advisors (NAFPA) benefit from FSS's experience with web site look ups and the manual data entry required for the various types of self-directed retirement plans. In addition to web server service, FSS provides remote back office support for advisors that would like PortfolioCenter in-house.
For more information: www.finlsupport.com
Outsource This provides daily downloading, posting and reconciliation of transaction, price and position data through a secure remote software connection, allowing all data to remain on your network at all times. Ancillary services include the processing of client reporting and billing, manual tracking of investments, cost basis input and development of custom reports. Outsource This provides a cost-effective solution to the ever-increasing costs of hiring and maintaining support staff to handle the day to day back office operations associated with managing client portfolio data.
For more information: www.outsourcethisonline.com
Disclaimer: We are committed to ensuring that our products integrate with third-party providers. You should evaluate each provider to determine if their product or service meets your business needs. The products and services presented in this section describe solutions provided by independent suppliers. The information is available here to help educate you.
Need more information?
Call us at 800-528-9595. Our team is available to give you information about our products, services, and partners.