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LIVEOFFICE AND BYALLACCOUNTS PARTNER TO PROVIDE ONLINE ACCOUNT AGGREGATION TO FINANCIAL ADVISORS NATIONWIDE


TORRANCE, Calif. and WOBURN, Mass., February 24, 2004 — LiveOffice Corporation (www.liveoffice.com), the largest web site provider within the financial advisor community, and ByAllAccounts, Inc. (www.byallaccounts.com), the leading provider of account aggregation services, today announced that they have formed a partnership to give LiveOffice’s 12,000+ customers access to ByAllAccounts’ WebPortfolio account aggregation service.

Through this partnership, LiveOffice will offer WebPortfolio as an add-on to AdvisorSquare, its widely popular financial advisor web site program. Using WebPortfolio, AdvisorSquare users can:

  • Aggregate all of their client accounts in a single online location, regardless of where they are held
  • Provide their clients with consolidated net worth and performance reports
  • Set and track target asset allocations across managed and “held away” accounts
  • Receive email-based alerts to identify asset gathering opportunities

WebPortfolio offers AdvisorSquare financial advisors a variety of benefits, including the ability to:

  • Prospect for additional assets within their existing client base
  • Provide high quality and more timely information to clients
  • Gain a competitive advantage over other advisory firms
  • Strengthen their reputation as the trusted advisor and the quarterback in their client relationships

“Over the years, AdvisorSquare has evolved from a standard web site provider into a required online business tool for thousands of financial advisors,” said Matt Smith, chief operating officer for LiveOffice. “Partnering with ByAllAccounts signals an important next step in AdvisorSquare’s evolution, helping us to provide advisors with the ultimate online wealth management experience.”

James Carney, Chairman of ByAllAccounts added, “Account aggregation is rapidly becoming part of the fabric of advisory services offered by wealth management firms. We see this alliance as a way to distribute our solution to a key segment of that market, and to allow our WebPortfolio application to be deployed through LiveOffice’s advisor web sites.”

About ByAllAccounts, Inc.

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. This greatly assists in building stronger, more profitable client relationships with their preferred clients. The ByAllAccounts’ product line allows advisors to provide timely, personalized levels of service and better-informed advice based on an in-depth understanding of all their clients’ assets.
AdvisorSquare is the nation's #1 provider of financial websites and has helped over 12,000 investment professionals use the Internet to grow their business. AdvisorSquare accelerates business growth online for financial advisors nationwide with over 100 professionally designed templates, personalized content pages, NASD-reviewed financial articles, a comprehensive Investor Research Center , valuable financial calculators and countless customization options. Plus, only AdvisorSquare provides customers with useful Internet marketing tips each month in its member-only GetHits online newsletter.
LiveOffice is the leading provider of on-demand collaboration, communication and compliance applications. From websites to message archiving and conferencing services, LiveOffice is dedicated to helping businesses optimize productivity and achieve regulatory compliance with its suite of Internet-based products. With LiveOffice's products and services, businesses are always just a click away from the most powerful and cost effective web-based productivity solutions available today.

Make Your Office a LiveOffice™ by calling 800-251-3863 or visiting www.liveoffice.com.

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