In addition, TFS advisors will have the support of Albridge’s training and technical staff to resolve issues.
TFS Securities expects the implementation of the automated account consolidation and performance reporting solution to increase competitiveness, streamline processes and enhance client service as well as assist in compliance and recruiting.
The Albridge solution will give our advisors the tools they need to compete in a challenging marketplace, said Thomas Hyland, President of TFS Securities. In addition, our OSJ and Home Office Compliance personnel will be well equipped to review client account activity, determine suitability and study production trends with the push of a button.
Albridge’s Wealth Reporting aims to allow advisors to create on-line portfolios, households of any combination of clients or accounts and generate in-depth reports to use in their practices. TFS intends to use the program to automate the preparation of regularly reoccurring statements and reports and e-mail them to clients, with a view to streamlining business operations, enabling increased productivity and allowing more time to gather and retain assets.
Albridge Data Aggregation incorporates held-away asset information of TFS clients into the Albridge Wealth Reporting Solution, which has been designed in the hope of delivering a seamless, tightly integrated data consolidation and reporting experience. Typical held-away asset information includes self-directed brokerage accounts, away asset management accounts, trust accounts, pension plans, 401k’s and IRA’s.
