OMAHA, Neb., Feb. 28, 2017 /PRNewswire/ -- Dynamic Wealth Advisors ("DWA"), an investment adviser and practice development firm servicing independently-owned advisory practices, has announced its selection of Orion Advisor Services, LLC ("Orion") as the portfolio accounting solution for its multi-custodian wealth management platform.
DWA's target market is RIA firms with under $250 million in assets under management ("AUM"), and individual advisors with AUM ranging from $20 million to $150 million, with the goal of providing those firms with the services and support structure they need to successfully operate and grow their practices.
"We realized in order to fully leverage our integrated Wealth360 platform and take advantage of the opportunity we see in the marketplace, we needed a partner with a chassis that other advisory technology solutions could easily bolt onto," says Jim Cannon, DWA founder and CEO. "We knew we wanted to continue to focus on our core strength of providing practice management, operational and compliance services, and didn't want to be in the portfolio management system business. Orion's technology and open API have substantially improved our offering with the freedom to seamlessly integrate, on-board and service advisory practices in a very efficient manner."
The selection of Orion means that DWA's advisors have access to best-in-class portfolio accounting tools and integrations with best-in-class solutions like Salesforce, Sharefile, MoneyGuidePro and Riskalyze. Through Orion's tight integration with DWA's customized version of Salesforce, advisors seamlessly go from a client record in Salesforce to viewing financial account information like billing set up, trading models, transactions, and running performance reports.
"The Orion platform provides the power to scale an advisory firm's operations, and we are excited to see how Dynamic Wealth Advisors puts Orion's performance reporting, billing, and trading capabilities to use to serve the unique needs of the advisors they serve," said Orion CEO Eric Clarke.
About Dynamic Wealth Advisors Dynamic Wealth Advisors is a practice development and investment advisory firm servicing independent advisors and RIAs. Our firm focuses on improving the productivity of individual advisors and RIAs with our integrated services and Wealth360 RIA platform. DWA's services include a comprehensive wealth management platform with financial planning, CRM, portfolio management, portfolio administration, billing administration, client portal and reporting administration, complete back office for multiple custodians, and compliance support and consulting. For more information about DWA please visit www.dynamicwealthadvisors.com. To learn more about Dynamic Wealth Advisors how the firm utilizes the Orion platform, please download a case study about the relationship here.
About Orion Advisor Services, LLC 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 advisor 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 950 advisory firms with total assets under administration in excess of $400 billion, from more than 1,415,000 individual accounts.