Ranking the industry's top tech vendors

TDAI has named the the six top tech picks for its Veo platform

Apr 30, 2014 @ 1:24 pm

By Joyce Hanson

Adviser custodian TD Ameritrade Institutional announced its first-ever technology award winners this week, naming six innovative tech companies that excel in maximizing the capabilities of TDAI's Veo open access platform.

Three award categories were specified: adviser satisfaction, innovation and newcomer of the year.

The adviser satisfaction award, based on a survey of about 500 registered investment advisers, went to customer relationship management system Junxure and financial planning firm MoneyGuidePro, which is made by PIEtech Inc.

Don't Miss: The InvestmentNews Adviser Technology Study

The innovation award, chosen by the TDAI information technology team, went to portfolio management firm Orion Advisor Services and customer relationship management vendor Redtail Technology Inc.

The newcomer of the year award, also chosen by TDAI's IT team, went to portfolio analysis software firm AdvisoryWorld and Morningstar Office adviser practice management software.

“It was a very tight race; we didn't anticipate that the scores would be so close,” said Jon Patullo, managing director of technology solutions at TD Ameritrade Institutional. “We recognized folks for innovations that go above and beyond creating additional efficiencies for advisers.”

TDAI integrates with 66 vendors on Veo, and another 20 firms are currently working on integrating their technology into the platform.

“We're running out of firms. We have almost everybody now,” Mr. Patullo said.

The award committee's methodology was reviewed and validated by Joel Bruckenstein, publisher of Technology Tools for Today and sponsor of the T3 technology conferences.

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

WisdomTree's Maute: Developing elegant tech-enabled solutions

Advisers need unique technology-enabled solutions in order to have more time to expand their practice, according to WisdomTree's Alisa Maute. What can be done today to create a more thriving business of tomorrow.

Latest news & opinion

Raymond James executives call on industry to keep broker protocol

Also ask firms to pay for the administration of the protocol to 'ensure its longevity and relevance.'

Senate committee approves tax plan but full passage not assured

Several Republican senators expressed reservations about the bill, and the GOP cannot afford too many defections.

House passes tax bill, focus turns to Senate

Tax reform legislation expected to have more of a challenge in upper chamber.

SEC enforcement of advisers drops in Trump era

The agency pursued 82 cases against advisers and firms in fiscal year 2017, down from 98 the previous year.

PIABA accuses Finra of conflicts of interest

Public Investors Arbitration Bar Association report slams self-regulator over its picks for board of governors.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print