Orion Advisor Services adds trading and rebalancing platform

Straight-through trade processing now possible, says portfolio accounting service provider.
FEB 17, 2017

Orion Advisor Services, an Omaha, Neb.-based provider of portfolio accounting services to advisers, has introduced a trading and rebalancing platform. Branded as Eclipse, the offering allows advisers to customize and automate trade and rebalance parameters at several levels and to customize tax-loss harvesting requirements, the company said in a release. The platform, which also enables straight-through trade processing with participating custodians and monitors portfolio cash requirements, has trading dashboards that allow advisers to see which portfolios need further review. "Orion's priority is to ensure that advisers' businesses and workflows are efficient and that they have access to the latest and greatest technology," said Eric Clarke, CEO of Orion Advisor Services. "We could not be more excited about the opportunity and efficiency that Eclipse will bring to our advisers and help them enjoy their business again." ​

Latest News

Advisor moves: RBC swipes $1.7B UBS team, Baird duo departs for LPL's Linsco channel
Advisor moves: RBC swipes $1.7B UBS team, Baird duo departs for LPL's Linsco channel

RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.

Stifel star broker, Chuck Roberts, leaves firm under cloud of investor complaints
Stifel star broker, Chuck Roberts, leaves firm under cloud of investor complaints

Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.

iCapital secures $820M in latest funding, hits $7.5B
iCapital secures $820M in latest funding, hits $7.5B

The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.

Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity
Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity

Some investors recently have seen million dollar plus decisions by FINRA arbitration panels involving complex products decisions go their way.

What does it take to feel 'financially comfortable' or 'wealthy' in 2025?
What does it take to feel 'financially comfortable' or 'wealthy' in 2025?

New report shines a light on how Americans view wealth today.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.