With new modifications to the systems at the Depository Trust and Clearing Corp., reporting of cost basis information appears as if it could become less of an issue with advisers — assuaging some concerns from advisers that new requirements could make reporting more costly and cumbersome.
Despite the tougher outlook for regulatory audits in the coming months, many advisory firms that host their own e-mail systems still lack an e-mail archiving and backup system (44% of advisers who responded to an <i>InvestmentNews</i> technology survey last year said they had no such system).
Cheshire Software Inc. has released an updated version of its Cheshire Wealth Manager planning program, which helps advisers develop both lifetime plans and simpler, goal-based plans for clients.
The first thing adviser Karin Lopez-Gerber does upon arriving at her office is examine her client downloads from the night before.
Focus Financial Partners LLC, which calls itself the largest partnership of wealth management firms in the world, is securing a new capital infusion to help it service outstanding bank debt and continue its business of acquiring stakes in large registered-investment-advisory firms.
CashEdge Inc. is now making its AllData Advisor account aggregation service available to financial advisers via a self-service online subscription.
Cheshire Software Inc. has released an updated version of its Cheshire Wealth Manager planning program, which helps advisers develop both lifetime plans and simpler, goal-based plans for clients.
A significant update to the popular financial planning program MoneyGuidePro was rolled out over the weekend.
In whatever way Congress and the Obama administration eventually change the national health care system, there is one segment of the health care market where reform has already begun and is gaining momentum.
Two technology developments came out of the Nasdaq OMX Group Inc. this past week: a new social network and an iPhone application.
The beta of Kapitall — an investing website intended for consumers or advisers — was launched yesterday.
NorthStar Systems International on Monday unveiled Turnkey Advisor Desktop Solution.
Small advisory firms and sole practitioners, especially those just starting out, often don't know where to turn for expertise in selecting technology and software.
WealthTouch Inc. this week announced an addition to its Institutional Reporting Module which it is calling the Share of Wallet Report.
Microsoft Corp. today officially launched its Windows 7 operating system to the masses.
Fiserv, Inc. has released version 5.6 of its Investment Management Solution. The solution is a soup-to-nuts trading platform that supports everything from account screening and portfolio validation to order generation and trade execution.
J.P. Morgan Funds is rolling out an online version of its target date evaluation program for advisers. The firm also is discussing developing a similar tool to help advisers analyze target risk funds.
In what could be a bit of a make-good to investors after missing some massive fraud cases in the last year, <a href="http://www.investmentnews.com/article/20090913/REG/309139986&ht=SEC " target=”_blank”> —namely Bernie Madoff's $65 billion Ponzi scheme — </a>, the Securities and Exchange Commission has launched its first-ever website devoted exclusively to helping educate investors.
Advisers interested in the technology behind ultra-high-speed trading should take a look at a newly published white paper from exchange technology provider Cinnober.
Fears abound about the potential for change in the regulatory and compliance arena.
