LIVEOFFICE AND BYALLACCOUNTS PARTNER TO PROVIDE
ONLINE
ACCOUNT AGGREGATION TO FINANCIAL ADVISORS NATIONWIDE
LiveOffice’s Financial Advisors to Benefit from Affordable
Access to ByAllAccounts' WebPortfolio
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.”
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About LiveOffice Corp.
LiveOffice Corp. is the leading provider of enterprise Internet
technologies and services
packaged and priced for the small to midsize business market. The company’s
comprehensive
product offering includes web site development and hosting, compliance
solutions for electronic
communications and real-time collaboration applications.
Currently hosting more than 12,000 web sites and over 65,000 email
accounts, businesses look to
LiveOffice to provide them with effective tools to make them more profitable
online.
For more information, please visit www.liveoffice.com or call (800)
251-3863.
About National Regulatory Services & Thomson
Media
National Regulatory Services (NRS), (www.nrs-inc.com) is the
nation's leader in
compliance and registration products and services for Investment Advisers,
Broker-Dealers, Investment Companies, and Insurance institutions. NRS
consultants register
start-up and established firms with the federal and state governments,
as well as provide
ongoing compliance consulting and training. Its conferences alert compliance
officers
and top management to the latest regulatory issues, while NRS software
products ease
the compliance burden by meeting federal and state regulatory requirements,
quickly and
efficiently. NRS is a division of Thomson Media (www.thomsonmedia.com),
a unit of
The Thomson Corporation, and a leading provider of information, data,
and software tools for professionals in the financial services and related
technologies markets. More
than 750,000 clients use Thomson Media's publications, databases and work
solutions
worldwide.
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. |