Money Tree Software Total Planning Suite updated
A new version of the most comprehensive planning software available from Money Tree Software Ltd. of Corvallis, Ore., was rolled out with new features this week.
Prominent among the new features are two withdrawal rate reports that show retirement withdrawal amounts and track the percentage of assets being drawn.
A graph shows the withdrawal rate’s moving average for one-, three-, five- and ten year periods, allowing planners to illustrate for their clients how income need affects withdrawal rates over time.
There’s also a new set of
Social Security taxation options in the Easy Money module of the software.
This allows advisers to set different rates of taxation in order to better estimate the client’s expected tax exposure.
Several more minor new features can be found in the software as well.
Planners can now use their own terminology to describe investor attitudes toward risk.
For example, instead of very conservative, moderate or aggressive, they can use a set of descriptions that better matches their own practice style.
Advisers can also now customize report titles in the Easy Money or Golden Years modules, instead of using the defaults.
Total Planning Suite, which includes both the Easy Money and Golden Years modules, costs $1,495 with an annual renewal fee of $700.
The initial purchase price includes the software license plus one year of support and updating service.
The annual renewal charge includes a full year of updates and technical support via phone or e-mail.
For more information and access to a fully functional trial version of Total Planning Suite, visit
Money Tree online.
Advent Software releases version 3.7 of Axys
Advent’s turnkey portfolio accounting management and reporting solution, Axys, was updated this week.
Axys 3.7 from Advent Software Inc. of San Francisco is now compatible with Microsoft Vista, Microsoft Office 2007 and Adobe Acrobat 8.
Among the updated features of the new version are SEC-ready reports to help firms respond to regulatory changes and compliance inquiries.
There are also expanded search capabilities within the help system.
With Axys, advisers can manage and report on a wide range of international instruments, including equities, mutual funds, fixed income, derivatives and variable-rate securities.
The solution, which was introduced to the market in 1993, is used by over 3,500 asset management clients including registered investment advisers, financial planners and wealth managers, among others.
For more information, visit
Advent.
Mediant launches proxy service for brokers in conjunction with Legent Clearing
Mediant Communications LLC of New York has launched a new proxy service for brokers in an alliance with clearing broker Legent Clearing of Omaha, Neb.
Mediant's service, which went live this month, delivers ballots and meeting materials by Internet and mail to investors who have accounts with Legent's corresponding broker clients.
Mediant will also deliver notices of corporate reorganization events, as well as prospectuses and interim reports, to the brokers' mutual fund customers.
This offering will compete with similar services available from
Broadridge Financial Services, based in Lake Success, N.Y.
“Our advantage is new technology, which enables us to customize our service for Legent's brokers and enhance the investor communications experience,” Arthur Rosenzweig, president of Mediant, said in a statement.
For more information, visit
Mediant and
Legent Clearing.
Davis D. Janowski is the technology reporter for InvestmentNews.
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