RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Articles tagged "Schwab PortfolioCenter"


Headline

Publish date


Andrew Salesky: Our top priority is meeting advisor needs with the best solutions, including proprietary capabilities as well as integrations with third-party providers.

Schwab Advisor Services tosses its PortfolioCenter platform to Envestnet, in what amounts to a 'defensive' deal for both, insiders say

The deal adds 2,300 Schwab PortfolioCenter RIA users to Tamarac's 1000 mostly high-end users, with a promise of easier migration (maybe) to the cloud

February 22, 2019 at 2:25 AM

Joel Bruckenstein: They cannot afford to let this happen again.

After dream of cloud-based PortfolioCenter falters, Schwab Advisor Services makes good by showering small RIAs and third-party software vendors with windfalls

The $1.6 trillion RIA custodian gives real-time data to Black Diamond, Tamarac, Orion and others serving Schwab RIAs and small RIAs get PortfolioConnect for free as long as they don't want to track held away assets

September 7, 2018 at 5:31 PM

Jeff Remming: We saw the ineffectiveness of PortfolioCenter itself after a few years but there weren't many choices back then.

Orion lands $27-billion AUM account as BAM Alliance phases out its homemade system built on Schwab PortfolioCenter

The choice of the Omaha-based, open-source system by the giant DFA TAMP reflects the diverse needs of 140 RIAs -- and the need to up-robo client experience

October 20, 2016 at 3:47 PM

Bernie Clark: We're going to rewrite the whole portfolio management tool.

Bernie Clark promises Schwab is getting there on its PortfolioCenter rewrite but competitors say the clock is ticking

Rivals cite lingering challenges for the ubiquitous software but its custody platform tie-in is a difference-maker, Joel Bruckenstein says

July 25, 2014 at 11:36 PM

Eddie Wong: It's been quite an adventure with FinFolio -- a good one.

Braving setbacks, FinFolio wins a $1.6 billion RIA and dark-horses its way on to the software track

Index Fund Advisors carefully vetted Tamarac, Orion and Black Diamond for a year but gambled on the newer, smaller vendor -- with the veteran quarterback, Matt Abar

November 6, 2012 at 5:56 PM

Bill Crager: I think advisors are going to want something more end to end...we think that's going to be a competitive difference.

Can the new Envestnet-Tamarac Godzilla take on the Advent-Black Diamond King Kong?

Tamarac has trusted relationships with several hundred RIA firms who might like outsourced investments on their dashboard

February 21, 2012 at 6:27 AM

Alan Carlisle: Between Orion and Envestnet, it came down to pricing.

Orion wins another RIA with $1 billion-plus in AUM

Hanson McClain is switching over from Schwab PortfolioCenter and Envestnet was the runner-up

September 22, 2011 at 3:03 AM

Ted Rich will consider switching from RedBlack's rebalancing software to the new Black Diamond offering.

AdventConnect Report: Black Diamond will sell rebalancing software and better reporting on alternative investments

The Advent Software division will still collaborate with RedBlack and iRebal but some RIAs will switch to the new Black Diamond offering

September 13, 2011 at 3:19 AM

Peter Hess: We are continuing to aggressively reinvest Black Diamond’s profits back into the business to accelerate our ability to expand [its] feature set and serve even more clients.

How Advent plans to make money with purchase of 'break-even' Black Diamond

Company execs tell Wall Street analysts that in-house Axys migrations will be more likely and more profitable

September 1, 2011 at 12:04 PM

Mary Hepler: Before 2008 the company was struggling along. The software was good, but it’s not what it is today.

Turnaround artist has almost completed her revamp of Cornerstone Revolutions

Mary Hepler was hired on behalf of an unidentified private equity group to catch up to Advent, Tamarac, and PortfolioCenter in features and tech

July 1, 2011 at 5:59 AM

Aaron Grey: People working with us don’t have to sacrifice anything in terms of life’s little conveniences.

How Orion Advisor Services became a mobile device pioneer and how competitors plan to react

The first-mover edge may hold for a while for Black Diamond and Orion

January 6, 2011 at 2:19 PM

Mike Williams: We’ve been completely rewriting our reporting capability to get it up to this day and age.

Schwab PortfolioCenter may be poised to shed its utilitarian image

Long a favorite for the small RIA, its spiffier reports and early admission in Schwab's grand technology plan give it a bigger future

September 17, 2010 at 3:15 AM

Matt Stroh: Our clients tended to think our service reputation was the best of all the vendors they were working with, and they began relying on us more and more.

A close look at Tamarac's Advisor 9 and its strategic use of Schwab software

The Seattle company is trying to create a sense of familiarity for users with Outlook and PortfolioCenter features

July 12, 2010 at 5:53 AM

Peter Hess: [The concern] is getting existing Advent clients to rethink their relationships with us. That’s our biggest uphill challenge.

Advent Software is moving ahead in the RIA tech market-- even if most Axys users refuse to budge

Advent Portfolio Exchange is hitting its stride but mostly thanks to a whole new generation of customers

May 10, 2010 at 6:34 AM

Frederick Van Den Abbeel has made CNBC his ally in recruiting RIAs to his Florida-based custodian

Trade-PMR is elbowing its way into the RIA custody market with cheap software and expensive advertising slots

Florida custodian is opening its doors to career-changers and smaller IBD reps who want to become RIAs

February 10, 2010 at 5:35 AM

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo