Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Trading Technology

05:11 PM
Connect Directly

Product Watch

Wealth Planning With Advice; LoanStar Supports Clearing; Ffastfill Relaunches as ASP

Wealth Planning With Advice

AdviceAmerica launched AdvisorVision 4.0, a Web-based wealth-planning platform for financial advisers that can run in-house or as a hosted application. "This platform allows the financial adviser to be more productive," says Purna Pareek, CEO and founder of Advice-America. "It helps [an adviser] understand the client's objectives, needs and dreams, and comes up with a blueprint on how to achieve those goals."

AdvisorVison 4.0 links advisers to data sources and lets a company centrally control advice and disclosures to the client, according to the vendor. One of the key features is a rules-based engine that generates actionable advice. After the adviser (or client) enters data, the system calculates a goal shortfall and offers advice on how to correct it, such as how much money to invest in a 529 Plan for college savings.

AdvisorVision 4.0 connects with enterprise or legacy systems, such as CRM systems, back-office systems and clearing systems using XML and Web services for integration to limit the amount of live-data entry.



1 of 3
Register for Wall Street & Technology Newsletters
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.