June 18, 2007
TECHNOLOGY ROUND TABLE: Clients indifferent to technology
CashEdge is referenced throughout this article based on an InvestmentNews technology round table of advisers at independent broker-dealers and investment advisory firms, which took place on May 22nd. Insights included clients’ seeming indifference to advisory firm technology, concerns, budgets and barriers to adoption.
“I’ve looked at CashEdge. I think it’s the best data I have seen, but with that said they’re fighting 2,000 custodians that change the way they put their data all the time. All of them may be running ten different account types or activity types for the same transaction,” said Jim Starcev’s, principal of Etelligent Consulting Inc.
“And we use MoneyGuidePro as our financial planning software. Love that too because of the integration with Albridge and CashEdge,” explained Gregory H. Makowski, a principal of CFS Investment Advisory Services LLC in Totowa, N.J.