Orion and Jemstep form first big marriage of non-robo and robo software -- at advisor behest -- to create RIA e-commerce
The Nebraska-based conventional provider and the Silicon Valley whiz-bang, with Salesforce and TD Ameritrade as common bonds, found it easy to partner with each other
Frederick Van Den Abbeel / Trade-PMR, Inc.
It is wonderful to see technology being developed to aid in the typical workflow to help create scale and efficiency within an RIA firm. Paperless straight-through work flow however shouldn’t be a new concept for RIAs. I cite only as an example, TradePMR released a paperless account opening system back on February 16th, 2010.
http://www.tradepmr.com/Views/AboutOurCompany/PressReleases/PaperlessAccountSetup.aspx
Any custodian provider should be working tirelessly on their own systems to help their RIAs gain the scale they need to grow and remain profitable. If they are so late to the game, makes one wonder why the delay given the fact this technology has been available for quite some time now.
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Upside
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