Over the last year, ongoing market volatility has created a revived demand for account aggregation to help facilitate smart financial decisions for clients. So, to help shed some light on the aggregation options available to advisors, I’m going to offer you a quick overview of three of the leading account aggregation vendors in the independent advisor space – Advisor Exchange, ByAllAccounts, and CashEdge.
All three vendors offer a whole new paradigm in data aggregation and offer financial advisors a way to increase productivity, improve operational flexibility, and reduce costs. Simply, in addition to providing the dynamic account aggregation technology you need for a comprehensive view of your clients’ total portfolio, including assets that are held-away, these vendors can “push” aggregated client data into third-party applications you uses to run you business, eliminating the time spent manually collecting and entering financial account information. And that means more time in front of your clients.
The innovative, integrated approach offered by these vendors continues to win accolades from their clients, some of which are the most well-known wealth management firms in the financial services industry, for delivering innovative tools, ease of use, and flexibility to integrate the data into 3rd party applications. » Read more: Account Aggregation Vendors – A Quick Guide
