Back Office Administration
These third-party providers offer data-management services to support, train or replace your back-office operations team.
AllBackoffice Consulting (ABC) collaborates with you to create a technology and service offering designed to maximize the PortfolioCenter® capabilities for your practice. ABC offers flexible PortfolioCenter management services, including fully-hosted or advisor hosted data, daily reconciliation, billing, account aggregation, data integration and performance reporting. Additionally, for each practice, ABC shares a living, comprehensive back-office technology assessment and quarterly project/implementation plan. Your custom plan is designed to save you time, upgrade technology, and advance your technological evolution of back-office applications. Additional services include: Workflow and Technology support for other back office applications, Database Conversions, Clean up and posting for historical data, Hosting of additional software applications, and Custom Solutions.
For more information: https://www.allbackoffice.com/
Their Operational Services can include download, reconciliation, reporting, billing, new account set-up, cost basis reconciliation and more. Their IT Services include fully-hosted data and applications, enabling you to operate with only a computer and internet connection.
Their Compliance Services are administrative in nature and enable your Chief Compliance Officer to function at a supervisory level, with BOC providing the skilled assistance they need to maintain your firm’s compliance program. Their Consulting Services and resources are extensive and versatile. They can help you implement technology solutions in Client Relationship Management (CRM), trade implementation, report automation, as well as other special projects.
BOC is a problem solving firm with specific expertise in systems integration, process standardization and creating comprehensive solutions for advisors.
For more information: www.backofficeconnection.com
With over 10 years experience in full time outsourcing, BOSS has worked with many PMS and CRM systems and gives you the benefit of expertise with multiple platforms and a wide variety of advisory firm profiles. BOSS saves advisors time and money by providing comprehensive data management, accurate account values and client reporting support for your in-house implementation of PortfolioCenter. The service can include daily account reconciliation, manual data entry, fee billing, ROR calculation and reporting, on-demand reports, quarterly statements and much more. BOSS will take care of the data ... so you can take care of the clients!
For more information: www.thebackoffice.biz
Envestnet | B-Ready helps you deliver the best possible service to your end clients. Working with you to develop a complete view of your firm’s operations, their teams will collaborate with your internal staff to create a clear and concise action plan for outsourcing the business processes specific to your firm. Envestnet | B-Ready services include, but are not limited to, a fully-hosted PortfolioCenter® solution, daily reconciliation, extensive consulting in report preparation, billing, cost basis, projects and manual data entry. Envestnet | B-Ready provides best practices for specialty data maintenance, encompassing alternatives and private equity management as well as integration with third-party providers (data aggregators, CRM, web hosts, etc.)
Fees to Envestnet | B-Ready are established as a fixed monthly retainer.
For more information: www.b-readysolutions.com
Financial Support Services (FSS) offers database management service including: the downloading, posting and reconciling of client data into PortfolioCenter or Centerpiece; coding of new securities; placing new client accounts into family groups or sets; setting up and assigning models; creating billing specs and billing forms and the set up of blended benchmarks.
FSS also runs portfolio and asset class intervals for quarterly client performance reports, e-reports and composite reporting and can assist with quarterly client reporting, billing and management fee uploads. Manual input of historical data and cost basis input is available. NAFPA advisors benefit from FSS's experience with web site look ups and the manual data entry required for the various types of self-directed retirement plans. In addition to remote back office support, FSS provides web server service for advisors that would like PortfolioCenter Cloud in a web environment.
For more information: www.finlsupport.com
With a wide range of services to fit every type of office, Fiscal Fitness is providing you a wealth of knowledge and expertise to help you maximize your back office quality and efficiency.
With Fiscal Fitness, you receive the benefits of service, proactive communication, quality and accuracy, great value, and a cross-trained team. Contact Fiscal Fitness today to begin a conversation about how they can customize their services to meet your needs.
For more information: www.FiscalFit.com
Krisan handles everything necessary to ensure accurate data and reports. With over 14 years experience, Krisan has used every aspect of the program and dealt with every possible transaction from a wide-variety of custodians. With Krisan, you know an expert will be handling your data every day. When you delegate something as important as tracking your financial data, you want to know it's being done right, not just being reconciled.
Krisan provides full-service support, fast turnaround, customized, straightforward reports tailored to your clients' needs, and a secure web environment to transfer data and reports.
For more information: www.krisan.com
OutsourceThis provides daily downloading, posting and reconciliation of transaction, price and position data through a secure remote software connection, allowing all data to remain on your network at all times. Ancillary services include the processing of client reporting and billing, manual tracking of investments, cost basis input and development of custom reports. Outsource This provides a cost-effective solution to the ever-increasing costs of hiring and maintaining support staff to handle the day to day back office operations associated with managing client portfolio data.
For more information: www.outsourcethisonline.com
Whether you are an existing user of PortfolioCenter, or just migrating to the software, Up and Running is able to provide a variety of services to help you utilize the program to its maximum capabilities. Ongoing contract services include daily download and reconciliation for a variety of custodians, cost basis entry, generation of billing invoices, and customized reporting. If all you require is help with a one-time project, such as the initial setup of the billing module along with training on its use, UROS will complete the project to your satisfaction. In addition, UROS offers database “clean-up” to ensure that your reports reflect accurate historical data and that client information is presented in a professional format.
Up and Running works directly on your computer system, ensuring your ability to access reports and data at all times and keeping you in control of your database. Our goal is to provide you with the custom services you need to make your office run as efficiently and cost-effectively as possible.
For more information: www.upandrunningos.com
Disclaimer: We are committed to ensuring that our products integrate with third-party providers. You should evaluate each provider to determine if their product or service meets your business needs. The products and services presented in this section describe solutions provided by independent suppliers. The information is available here to help educate you.