LOTS OF DATA FOR LITTLE CASH

Offering everything but investment advice, the GreenTrak Investment Reporting Service has doubled its business every year since it was launched five years ago, reports director of client services Mickey Klein.

Currently tracking $1.5 billion in investments for over 1,000 accounts, the New York-based firm charges its clients – mainly doctors, law firms and entrepreneurs – $250 per account to evaluate their money managers and monitor monthly investment performance.

In addition, it provides year-end schedules of gains and losses and tax positions.

The outfit boasts among its clients law firm Olshan Grunmen Frome & Rozensweig, money manager Gilder Gagnon Howe & Co. and Big Six accounting firms Deloitte & Touche and Coopers & Lybrand.