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About Atom Align® BlazePortfolio’s Atom Align is the industry’s most advanced web-based modeling and trade order management solution for investment managers, wealth management, trust, broker dealer, and multifamily office clients. Atom Align streamlines the portfolio and household model... More
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  • Do Custodian Trade Away Fees Prevent Best Execution?

    As fiduciaries, investment advisers are obligated to seek the best execution when trading for clients. Best execution is more of a process driven by sound policies and procedures, than it is a single data point. Advisers need to create an environment that is compliant with qualitative processes while considering trading factors such as price, commission, trade liquidity, timeliness, clearance, proper execution venue, crossing networks, direct order routing, algorithms or alternative trading systems, ECNs, dark liquidity pools, settlement, and risk associated with counter parties. While best execution is the responsibility of the investment adviser, the custodian should be an ally and support the adviser through this process. The conflict of interest unfortunately lies in the trading environment provided by the custodians. As a collective whole, the custodian lacks the resources and interest to meaningfully provide the best execution environment for an adviser. There are a wide variety of investment advisers with a bounty of strategies which, all together, make it very challenging for a custodian to provide the best execution for every trade. The best solution is for custodians to allow advisers the option to pursue an external trading partners. The challange is that the majority of RIA custodians impose excessive fees, such as $20+ per transaction for a trade away. These costs have severely limited the advisers' flexibility to seek best trade execution. It is an arcane policy that empowers custodians to retain transaction fees from advisers. The great news is there is a viable solution for advisers looking to enhance their trading environment. Recently, custodians have succumbed to the mounting pressure of critics and have begun to explore ways to avoid excessive fee policies on a case-by-case basis driven at the request of the adviser. Custodians do not tout this option since it encourages advisers to seek alternative trade execution providers. Best execution without the excessive fees is a win for advisers and a win for their clients.

    Oct 23 11:56 AM | Link | Comment!
  • Multi-Strategy Modeling For Efficient Investment Management

    Investment advisors can effectively scale their business by creating and implementing investment multi-strategy models for client portfolios. Multi-strategy modeling which is also known as models of models allows for models to contain multiple sub-models. This feature allows the advisor to manage the securities in each sub-model or sleeve independently of the model itself.

    For example, an advisor can create a Large Cap sleeve and add a 4% position of GE. The same sleeve can be assigned to one model with a 50% allocation and another at a 25% allocation, the result is a 2% and 1% proportional allocation respectively to GE. With this configuration changes only need to be applied to the sleeve and all of the models are updated automatically.

    The majority of custodian platforms offer advisors basic modeling and rebalancing directly within the option to use a single model a. A single model approach is a viable and productive solution for advisors to rebalance accounts. There is now an enhanced approach for advisors who want flexibility: multi-strategy modeling.

    BlazePortfolio's Atom Align offers advisors a web based platform for advisors to implement a multi-strategy modeling approach. BlazePortfolio's Atom Align is the industry's most advanced web-based modeling and trade order management solution for investment advisors.

    Jul 11 5:45 PM | Link | Comment!
  • BlazePortfolio Announces Integration With Black Diamond

    BlazePortfolio Announces Integration with Black Diamond

    We are excited to announce our latest ATOM ALIGN integration partner, Black Diamond, a leading provider of web-based, outsourced portfolio management and reporting technology. The Blaze Portfolio and Black Diamond integrated solution offers advisors end-to-end multi-custodian portfolio management, performance measurement and straight-through trade processing. The combined platforms offer a fully web-based solution for advisors who benefit from solutions that are available anywhere and anytime.

    "Black Diamond will be an outstanding partner," said BlazePortfolio president Bryson J. Pouw. "Advisors looking to compliment the portfolio management features of Black Diamond with streamlined rebalancing and trading finally have a solution."

    The integration will be available June 2013. Contact your Black Diamond or BlazePortfolio representative for more information. Black Diamond is an independent business unit of Advent Software.

    May 30 3:55 PM | Link | Comment!
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