JACKSON, Tenn., Jan. 17, 2017 /PRNewswire/ -- Silver Oak Securities, Inc. ("Silver Oak") announced today that it has selected Orion Advisor Services, LLC ("Orion") as its portfolio accounting system of choice for its advisor representatives.
The selection means that Orion will now serve as the primary client relationship system, portfolio, reporting, and business interface for the firm and its 48 branch offices, 36 Independent Advisor Reps, and 150 registered representatives.
"We chose Orion because of all the technology it offers. We provide an open architecture for our advisors, so we have Schwab, TD Ameritrade, and Fidelity as available custodians, and Orion interfaces with each one of them," said Billy Hopkins, President of Silver Oak.
"In addition to portfolio management, Orion also provides our advisors the ability to create a truly integrated and unique client experience." In addition to Orion's integrated, multi-custodial approach to portfolio accounting, Silver Oak was also impressed by the level of customization the technology offers for each of its representatives.
Each rep can brand their own client portal, reporting statements, and also choose the integrations that suit them best. "Each rep has certain tools they like, like one CRM to another, but Orion has so many integration partners that we don't have to limit rep choice," said Hopkins. "Whether a rep wants to work with Salesforce, Junxure, or Redtail as their CRM, Orion makes it easy by integrating with all of them. The technology choices we can offer our reps sets us apart from being a simple brokerage platform."
"Silver Oak and Orion are a natural fit because our firms' philosophies are a part of the same fabric. We both believe in customization and choice, and offering an open architecture environment that breeds flexibility instead of inclusivity," said Eric Clarke, CEO of Orion.
About Silver Oak Securities, Inc.
Silver Oak Securities, Inc. is an independent, full-service broker dealer and SEC Registered Investment Advisor focused on serving the needs of independent wealth advisors who foster strong, trusted relationships with their clients. The firm is a member of the Financial Industry Regulatory Authority and the Securities Investors Protection Corporation.
Founded in 1999 by Principals with deep investment management and compliance experience spanning 40 years, Silver Oak is based in the heart of the southern U.S. Our corporate headquarters is located in Jackson, TN, between Nashville and Memphis.
Orion Advisor Services, LLC (Orion) is the premier portfolio accounting service provider for advisors. Our firm has unique insights into the advisory profession because it was founded for investment advisors by an investment advisors in 1999. Orion frees advisors from back-office tedium so they can enjoy their business again by devoting their time and energy to better serving clients. Orion provides the integrated and fully customizable technology solutions that advisors need to help grow their businesses over the long term. The firm's technology solutions empower more than 900 advisory firms with total assets under administration in excess of $335 billion, from more than 1,415,000 individual accounts.
For more information about Orion, visit www.orionadvisor.com and follow Orion on Twitter: @orionadvisor
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SOURCE Orion Advisor Services, LLC; Silver Oak Securities, Inc.