Private Client Resources Announces Strategic Partnership With Hedge Fund Research

WILTON, Conn., March 20, 2013 /PRNewswire/ -- Private Client Resources, LLC (PCR), a leading outsourcing provider of private wealth reporting and integrated technology, and a major competitor of both Advent Software and Envestnet, has entered into a strategic partnership with Hedge Fund Research, Inc. (HFR), the foremost provider of indexation, research and analysis of the global hedge fund industry. Through this partnership, PCR is now delivering greater transparency into the research of hedge funds by having a detailed view of the underlying holdings.

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"The HFR partnership is a direct response to feedback from our Advisory Board, who told us they are seeking drill-down capabilities into the underlying investments that comprise their clients' alternative investment portfolios," said Robin Williams, PCR's Chief Product Officer. "Advisors using our Palette Platform will now have unprecedented, fully integrated access to the industry's most detailed hedge fund classification system, enabling specific queries for relative performance measurement, peer group analysis and benchmarking in conjunction with PCR's flexible private wealth aggregation and custom solutions services."

Established in 1992, HFR specializes in the indexation and analysis of hedge funds. HFR Database, the most comprehensive resource available to hedge fund investors, includes fund-level detail on historical performance and assets, as well as firm characteristics on both the broadest and most influential hedge fund managers. The firm produces over 100 indices of hedge fund performance ranging from industry-aggregate levels down to specific, niche areas of sub-strategy and regional investment focus.

"With performance dating back to 1990, HFR is the industry's most widely used standard benchmark of global hedge fund performance," said Kenneth J. Heinz, CFA, President of HFR and a leading authority on the global hedge fund industry. "Palette Platform users will now be able to leverage the HFR Database to provide detailed, current, comprehensive and relevant aggregate reference points on all facets of the hedge fund industry in order to make the most informed investment decisions for their clients."

The strategic partnership with HFR is the most recent example of PCR's ongoing commitment to providing advisors with innovative solutions that help them gain efficiency, increase scalability and grow profitability. Additionally, it serves as a complement to PCR's recent partnership with Argus Research. That strategic alliance added independent analyst-driven research on more than 400 U.S. equities into the mix for advisors conducting risk analysis, constructing portfolios and implementing strategy decisions. PCR's open architecture platform allows for best-of-the-best capabilities to be delivered to its clients, whether these are developed in-house at PCR or brought onto the platform by the firm partnering with industry-leading third parties.

About PCR
Private Client Resources is an award-winning private wealth reporting solutions provider serving RIA Firms, Family Offices and Private Banks. PCR's services and proprietary Palette Platform™ system deliver a broad range of capabilities and customized solutions, including high-quality aggregated data for both traditional and alternative investments, premium client reporting with full multi-currency, smart portfolio dashboards, document management, research, risk analytics, CRM integration and invoicing.

Headquartered in Wilton, Conn., PCR is a value-driven service partner committed to positioning its clients for sustained growth.

For more information, please call (203) 762-9006 or visit www.pcrinsight.com.

About HFR
HFR (Hedge Fund Research, Inc.) is the global leader in the alternative investment industry, specializing in the indexation and analysis of hedge funds. Established in 1992, HFR produces the HFRX and HFRI Indices, the industry's most widely used benchmarks of global hedge fund performance. HFR calculates over 100 indices of hedge fund performance ranging from industry-aggregate levels down to specific, niche areas of sub-strategy and regional investment focus. HFR Database, a comprehensive resource available for hedge fund investors, includes fund-level detail on historical performance and assets, as well as firm characteristics on both the broadest and most influential hedge fund managers. HFR also offers consulting services for clients seeking customized top-level or more sophisticated analysis.

For more information on HFR, please visit www.hedgefundresearch.com.

SOURCE Private Client Resources, LLC