AssetMark Introduces Online Account Submittal to Technology Platform; New Service Enables Advisors to Submit Client Agreements Online Eliminating Need for Paperwork.PLEASANT HILL, Calif. -- AssetMark Investment Services, Inc. today announced the launch of Online Account Submittal, a new service allowing financial Advisors to electronically submit new Client Services Agreements (CSAs) directly to AssetMark. This new feature will significantly reduce the amount of paper flow between Advisors and AssetMark, enabling Advisors to focus on developing client relationships and building their businesses. "Advisors today are spending a significant amount of time on account administration and less time on other important activities such as solving their clients' financial problems and building their businesses," stated John Whittaker Dr John Whittaker (born June 7, 1945 in Oldham, Lancashire) is a Member of the European Parliament for the North West England region, for the United Kingdom Independence Party. , Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of AssetMark Investment Services Inc. "This new feature will help free up more time for our Advisors and allow them to focus on more critical business-building activities." Through Online Account Submittal, Advisors working with AssetMark can electronically submit new CSAs, directly to AssetMark through the New Account Wizard Instructional help in an application or system development environment that guides the user through a series of multiple choice questions to accomplish a task. For the most part, wizards are more effective than the help menus found in most applications, which often border on the atrocious. , thus eliminating the need for faxing or mailing copies. Advisors will realize immediate benefits, including a more timely account activation activation /ac·ti·va·tion/ (ak?ti-va´shun) 1. the act or process of rendering active. 2. the transformation of a proenzyme into an active enzyme by the action of a kinase or another enzyme. 3. process, instant confirmation, and increased efficiency with less mailing and faxing of CSAs. With the addition of Online Account Submittal, AssetMark further adds to its already robust technology platform. Advisors working with AssetMark can tap into sophisticated technology that enables them to aggregate client account information, profile clients online, review performance reporting, and access numerous market research and marketing tools. About AssetMark Investment Services AssetMark Investment Services, Inc. was founded in 1996 and is one of the industry's leading providers of fee-based investment Fee-Based Investment An investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions. Contrast this to commission-based investment, in which the advisor makes money based on the amount of trades made or the management solutions for investment advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , broker dealers, banks and CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firms. The company provides services to over 700 advisory firms, and administers more than 30,000 investor portfolios with total assets exceeding $4 billion. |
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