IBD wanted flexible, scalable support for advisors using managed accounts. Independent broker-dealer Capital Analysts has selected Advisor Software, Inc.'s (ASI) integrated Client Acquisition Solution to support advisors using Capital Analysts' Asset Management Services (CAAMS) managed-account platform.

"ASI Client Acquisition Solution will further Capital Analysts' commitment of delivering more personalized, client-centered advisory services," says Capital Analysts' COO Stephen Mayhew. "The solution is a good fit for our organization because it provides the high level of configurability we need to support our uniquely managed products, consider our own risk assessment process and help advisors satisfy the needs of their diverse client-base."

Keeping track

ASI's Client Acquisition Solution is a scalable portfolio-construction and proposal-generation software. It lets advisors review portfolio holdings, perform risk assessments, develop asset allocation strategies, choose securities, create model portfolios and generate comprehensive investment plans, and do so pretty quickly.

Capital Analysts says it chose the ASI product because it can be configured to meet advisor preferences, support a variety of pre-set asset allocation models and create customized investment proposals.

"We are pleased that Capital Analysts selected ASI Client Acquisition Solution, recognizing it as the most comprehensive, flexible application of its kind," says ASI's COO Neal Ringquist. "This decision reinforces [ASI's] strong track record of enabling financial institutions to deliver institutional-quality advisory services to the retail investor."

Capital Analysts' CAAMS includes seven fee-based managed-model portfolios that feature separately managed accounts, individual securities, mutual funds and ETFs.

Cincinnati-based Capital Analysts supports about 400 brokers with about $8 billion in assets under management.

Lafayette, Calif.-based ASI provides investment-analysis software to asset managers, broker-dealers, banks, insurance companies and other financial companies. It offers a trial of its client-acquisition software. -FWR

Purchase reproduction rights to this article.