|[February 11, 2014]
Scottrade® Advisor Services Launches New Technology to Power RIAs
ST. LOUIS --(Business Wire)--
Scottrade® Advisor Services announced today its new custodial
platform, which is set to dramatically reduce the time registered
investment advisors (RIAs) spend online managing accounts so they can
spend more time serving their clients.
"Seeking direct advisor feedback from the start helped us build a platform that is flexible and easy to use, saving advisors time on numerous backend processes," said Brian A. Davis, senior vice president at Scottrade, Inc. and Head of Scottrade(R) Advisor Services. (Photo: Business Wire)
"As a core business partner to advisors, our focus is to provide the
tools and support they need to grow their independent practices," said
Brian A. Davis, senior vice president at Scottrade, Inc. and Head of
Scottrade® Advisor Services. The custodial and institutional
trading services business unit was founded in 2005 and now serves more
than 1,250 RIAs.
"Seeking direct advisor feedback from the start helped us build a
platform that is flexible and easy to use, saving advisors time on
numerous backend processes," Davis said.
The intuitive trading and account management platform at advisor.scottrade.com
Enhanced, award-winning multi-block trading capabilities with
Faster and easier navigation for save orders
A customizable home page
Easier ability to create alerts to identify accounts requiring
Client statements that ar easily downloadable
Quick views of client and business information
Integration of Redtail Technology CRM, MoneyGuideProTM, and
other technologies for financial planners and advisors to manage their
The new multi-block trading and enhanced mutual funds order management
features included in the platform earned Scottrade, Inc. a spot on the
2013 InformationWeek 500. Most of the infrastructure behind the new
platform was built using that same technology.
Scottrade® Advisor Services' project team spent a great deal
of time meeting with advisors throughout the country to learn more about
what they want in a platform. The project team worked with advisors
throughout the layout of the site, from design to functionality, in
order to provide an intuitive experience.
"While in beta testing, the two words we wanted advisors to say when
describing the site were 'flexible' and 'intuitive,' and those are the
words they used," said Cory Haberkorn, assistant vice president of
Programs and Product Strategy for Scottrade® Advisor
Services. "Time is the most precious thing advisors have, and this
platform will provide advisors 50-plus-percent time savings on many
daily tasks. From entering orders across multiple accounts to
liquidating an entire account, some processes now take seconds to
complete, saving advisors valuable time."
The infrastructure of the new platform also allows for new services to
be quickly added through agile development. Davis says there will be
several updates in the coming months to enhance features and bring new
functionality to the site.
About Scottrade® Advisor Services
As one of the largest custodians in the country, Scottrade Advisor®
Services is dedicated to supporting the needs of the independent
registered investment advisor through strategic resource partners,
award-winning technology and personalized support through dedicated
relationship teams. For more information, visit https://advisor.scottrade.com.
Scottrade® Advisor Services is a division of Scottrade, Inc. All
products and services offered by Scottrade, Inc. - Member FINRA /SIPC
Scottrade, Redtail Technology and MoneyGuidePro™ are not affiliated.
Scottrade is not responsible for statements, offers or products issued
by Redtail and MoneyGuidePro™. Please research any product or service
carefully before making a purchase.
Investors should consider the investment objectives, risks, charges and
expenses of a mutual fund carefully before investing. A mutual fund's
prospectus contains this and other information about the mutual fund.
Prospectuses may be ordered through Scottrade.com
or through a Scottrade
branch office. The prospectus should be read carefully before
investing. No transaction fee (NTF) funds are subject to the terms and
conditions of the NTF funds program. Scottrade is compensated by the
funds participating in the NTF program through recordkeeping,
shareholder, or SEC (News - Alert) 12b-1 fees.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140211006494/en/
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