Blog Entries in Back-Office and Operations

Blog Entries in Back-Office and Operations

Learn About the Latest in Disaster Recovery Solutions

By Lindsey Starr, Marketing Coordinator, ByAllAccounts on Wednesday, August 28th, 2013

As network environments, regulatory mandates and external threats all increase in scope and complexity, the need for layered IT solutions has never been more urgent. Without comprehensive, integrated and proactive approaches to security, efficiency and compliance, managers are leaving their systems virtually unguarded and increasingly subject to plunder...Read More »

Visualize Your Practice Management Areas as a Venn Diagram

Susan Glover, President, Susan Glover & Associates, LLC

When evaluating practice management areas, advisors tend to focus on each area as if it were a stand-alone component. Advisors also like to create their practice management list in order of importance or by the percentage of time they spend in each area...Read More »

Change Your Thinking and Decrease Your Reconciliation Process. – There is Value in Providing Position Only Account Data – Part 2

Karla Paxton, Client Engagement Manager, ByAllAccounts

Another reason to consider position only data is; when you are reporting on held away assets, sometimes getting access to the transactions is not an option. The website does not have them or, if they do, they are not at a level where they can be accurately interpreted. With this type of access it would be better to just pull in the positions and at least provide your client the ability to look at what is in their account on a day to day basis...Read More »

Change Your Thinking and Decrease Your Reconciliation Process – The Value in Providing Position Only Account Data (Part 1)

Karla Paxton, Client Engagement Manager, ByAllAccounts

Fiduciary and asset allocation responsibilities have increased the need to report on non-managed accounts. Reconciliation is taking up more time with the need for reporting and monitoring these non-managed accounts...Read More »

Business Intelligence – Having the Right Information, Making Good Decisions

Susan Glover, President, Susan Glover & Associates, LLC

Advisors understandably question what vendors mean when they advertise products as “Business Intelligence” tools. Search on-line for business intelligence and you get a process used by companies with a lot of buzzwords such as SQL, data analytics, and data mining for large volumes of data. Does the same process that large financial services organizations use apply to advisory firms? The answer is yes...Read More »

5 Steps for Simplifying the Movement of Data Through Your Organization

By James Carney, CEO, ByAllAccounts on Wednesday, April 3rd, 2013

James Carney, CEO, ByAllAccounts

For advisors, adding new technology can be a huge step, whether you’re installing or upgrading a portfolio management system, CRM, planning tool, rebalancing software, client portal or any other application...Read More »

How to Improve the Operational Efficiency of Trust Services

By Cynthia Stephens, VP of Marketing, ByAllAccounts on Tuesday, March 26th, 2013

Cynthia Stephens, VP of Marketing, ByAllAccounts

Demand for trust services is on the rise. One in two (57%) financial professionals recently polled in a Wealth Transfer, Estate Planning and Planned Giving Survey cited an increase in demand last year. And, 46% believe there will be a further increase of up to 20% this year...Read More »

5 Things Your Back-Office Staff Would Like You to Know

Susan Glover, President, Susan Glover & Associates, LLC

If asked how well you understand your business, you can probably boast how well you know and manage your clients. You can forever talk about how good you are at managing money and giving investment advice...Read More »