Orion Announces Rebalance Enhancements

Latest Upgrades Lets Advisors Rebalance Portfolios at the Household Level to Increase Tax Efficiency

Sep 26, 2011, 09:17 ET from Orion Advisor Services, LLC

OMAHA, Neb., Sept. 26, 2011 /PRNewswire/ -- Orion Advisor Services, LLC, a premier portfolio accounting service provider founded by and for Registered Investment Advisors, is pleased to announce a new release for its Advisor Desktop, a powerful portfolio management suite designed for RIAs as a primary database management tool. The latest release includes features that will help advisors create tax efficient strategies for clients at the household level.

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"Advisors are constantly looking for new ways to increase tax efficiency in their portfolios," said Eric Clarke, President of Orion Advisor Services, LLC. "We are excited to unveil this new feature, which supports our mission of helping our advisors build better businesses."

The new feature assists advisors in creating model portfolios for clients at the household level to help reduce tax liability by allocating income-generating assets into tax-deferred accounts, and capital gains-oriented assets to taxable accounts. Advisors now have the ability to prioritize asset classes according to their tax efficiency status and rebalance the household portfolios to locate assets in the most tax efficient locations.

In addition to household level modeling capabilities, Orion has also added a tax efficient trading feature enabling the ability to swap out securities with a predetermined loss amount and then efficiently purchase an alternative security with the proceeds, allowing advisors to easily capture investments with a loss against their cost basis.  

"We are committed to providing advisors with integrated portfolio accounting and trading solutions that allow them to be more effective in running their business and serving their clients," Mr. Clarke said. "We will continue to upgrade and enhance our trading tools to reflect the latest technology and solutions available to meet the needs of advisors."

To request more information or to speak with Orion, please contact Dana Taormina at 973-850-7305 or dtaormina@jcprinc.com.  

About Orion Advisor Services, LLC

Orion Advisor Services, LLC, is the premier portfolio accounting service provider founded by and for investment advisors. Orion's mission is to liberate advisors from their back offices so they can enjoy the client relationship side of their business once again. Process-driven solutions bring efficiencies to operational areas including new account set up, trading, reconciliation, fee billing, and client communications. Orion services feature the integration, scale and customization advisors need to support business growth.

Founded over a decade ago, Orion was formed to address the technology needs of its sister company, a fee-only independent RIA whose growth was constrained by its existing portfolio management platform. Unable to find the right solution, Orion built its own. Today, the firm empowers over 250 advisors and administrates over $60 billion in assets for more than 400,000 accounts. For more information about Orion Advisor Services, LLC, please visit www.orionadvisor.com.


Dana Taormina




SOURCE Orion Advisor Services, LLC