ByAllAccounts Wins Four New Clients; BusinessWeek Online Names ByAllAccounts Industry Leader.Business/Technology Editors BOSTON--(BUSINESS WIRE)--July 30, 2002 ByAllAccounts, provider of technology designed to grow assets for financial advisors, today announced the addition of four new clients, RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). Dain Rauscher Corporation, Private Family Networks (PFN PFN Page Frame Number PFN Pulse Forming Network PFN Panama City, FL, USA (Airport Code) PFN Pentecostal Fellowship of Nigeria PFN Pooping Friends Network PFN Physical File Name (grid computing) ), Creative Financial Designs, Inc. (CFD CFD - Computational Fluid Dynamics ), and Girard Securities, Inc. The firms will use WebPortfolio to manage the complexities of their preferred client portfolios, increase profitability, drive client retention and acquisition, and improve operational efficiency. Fueled by interest from across the wealth management industry, sales of ByAllAccounts' flagship product, WebPortfolio, are increasing steadily. Contracts have been signed within a variety of client categories, particularly with Broker/Dealers and RIAs. Multiple sales channels including the company's partnership with State Street Corporation have generated the new clients. "In this competitive market it was essential that, as an advisory firm, we find a way to build our client base, streamline operations, and recruit top advisors," said Mick Owens, founder of Creative Financial Designs, Inc. "ByAllAccounts' WebPortfolio is helping us solve these challenges and is enabling CFD to increase the value we bring in managing our clients' assets." BusinessWeek Online Names ByAllAccounts Leader This month, BusinessWeek Online named ByAllAccounts "a leader in the field" in an article discussing the evolution of the use of technology in financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against . ByAllAccounts' unique method of collecting, normalizing, interpreting and categorizing deep transaction-level information from over 1,300 online financial services is the foundation of WebPortfolio. Once the data is collected and interpreted, ByAllAccounts provides key monitoring and analysis tools and identifies new business opportunities through reports and advisor alerts. By capturing data from both managed and non-managed accounts, WebPortfolio enables financial advisors to offer their clients more sound advice based on a holistic view of each client's financial position and current market conditions. "When we researched available technologies we were impressed with WebPortfolio's unique access to captive and non-captive account data, which will help us to better manage our client's overall financial situation" said Paul McKibbin, co-founder and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of Private Family Networks. "WebPortfolio's reporting and alert functions will also help keep our advisors informed of significant changes within a client's portfolio and identify new business opportunities." About ByAllAccounts, Inc. With offices in Boston and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , ByAllAccounts, Inc. (www.byallaccounts.com) provides technology designed to grow assets for financial institutions and their advisors by collecting, monitoring and analyzing financial data from captive and non-captive client accounts enabling them to build stronger, more profitable client relationships. The company's roster of clients includes State Street Corporation, 1st Global, CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. Alliance, Evensky, Brown & Katz, and WealthTouch. About RBC Dain Rauscher Corporation RBC Dain Rauscher Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. (NYSE NYSE See: New York Stock Exchange : RY), is the parent company of RBC Dain Rauscher, the nation's ninth largest full-service securities firm with more than 2,000 financial consultants and 6,000 employees. For more information on RBC Dain Rauscher, visit www.rbc.com. About Private Family Networks Private Family Networks provides Virtual Family Office software and consulting services for high net worth individuals, families, and for the trusted advisors that service their wealth management needs. For more information on Private Family Networks, visit www.pfn-usa.com. About Creative Financial Designs, Inc. Creative Financial Designs, Inc. is a one-stop center for financial services, including bookkeeping for small businesses, financial planning for individuals, tax preparations, mortgage placements, investment planning and tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. . Creative Financial Designs was founded in 1969 and is headquartered in Kokomo, IN. For more information on Creative Financial Designs, visit www.cfconline.com. About Girard Securities, Inc. San Diego based Girard Securities, Inc. is a boutique style independent broker/dealer providing high quality/high touch services to both registered representatives and registered investment advisors. Girard has specialty services such as a municipal finance division and an institutional equity division. Girard's institutional equity division is located on the Boston and Chicago Stock Exchange Chicago Stock Exchange (CHX) A major exchange trading only stocks, with 90% of trades taking place on an automated execution system, called MAX. . For more information, contact Susan Woltman at 858-622-2140. |
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