ASI Portfolio Rebalancing Solution® Automates Rebalancing Processes For Scottrade® Advisor Services

Integration Provides a Scalable and Customizable Way to Seamlessly Rebalance Thousands of Accounts

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Jul 15, 2014, 11:30 ET

WALNUT CREEK, Calif., July 15, 2014 /PRNewswire/ -- Advisor Software, Inc. ("ASI"), a provider of wealth management solutions for financial advisors, announces that its ASI Portfolio Rebalancing Solution^® has been implemented by Scottrade^® Advisor Services, a leading custodian for independent advisors. Financial advisors who rely on Scottrade^® Advisor Services' custodial platform can now use ASI's enterprise-level application to quickly rebalance accounts using multiple customized settings.

The ASI Portfolio Rebalancing Solution has been fully integrated with and branded under Scottrade^® Advisor Services' web-based portfolio management system, providing advisors with a seamless user experience. The program's rules-based workflow allows advisors to rebalance single and multiple accounts, as well as entire households, across security types by setting constraints at both the firm and individual account levels. Advisors can also receive customized reports comparing pre- and post-rebalanced accounts after each rebalancing session.

"The breadth of our Portfolio Rebalancing Solution, including the flexibility to handle multiple rebalancing scenarios and scale for organizations serving thousands of advisors, makes it an ideal offering for financial institutions such as Scottrade^® Advisor Services," said Neal Ringquist, President of ASI. "We continue to seek strategic relationships with strong, well-respected enterprises in the wealth management sector, so we can help them and their clients grow through access to our innovative and customizable technology products."

Advisors working with Scottrade^® Advisor Services can use the ASI Portfolio Rebalancing Solution to:

Access a wide range of institutional-caliber diagnostic tools—such as risk/return analysis, style/region/sector exposure analysis, Monte Carlo simulation and security overlap analysis—to evaluate asset allocations and portfolios.
Rebalance single or multiple accounts from the same household to an asset allocation or model portfolio target.
Rebalance individual accounts in a household against different models.
Simultaneously rebalance thousands of client accounts to the same model portfolio.
Create customized account and household proposal reports and trade lists.

To obtain additional information about the ASI Portfolio Rebalancing Solution, please visit www.advisorsoftware.com/portfolio-rebalancing-solution.html.

For media inquiries related to ASI, please contact Dana Taormina at (973) 850-7305 or [email protected]. For media inquiries about Scottrade^® Advisor Services, please contact Whitney Ellis at (314) 965-1555, extension 1089 or [email protected].

About Advisor Software, Inc.
Advisor Software, Inc. is a leading provider of advice solutions for financial advisors. The company has pioneered the first enterprise rebalancing solution and a unique goal-directed financial planning platform that combines institutional-caliber analytics and a balance sheet approach to financial planning. ASI's solutions are designed for a wide range of asset management firms, broker-dealers, banks, insurance companies, online brokerages, and other financial institutions, enabling these institutions and their advisors to deliver more insightful, actionable investment advice and build stronger, more profitable client relationships. For more information, visit www.advisorsoftware.com.

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. All products and services offered by Scottrade, Inc., Member FINRA/SIPC.