State-of-the-art systems

We arm you with technology that gives you a competitive edge and strives to reduce non-revenue-generating activities. To that end, we carefully select technology partners that specialize in creating solutions for professionals in the Financial Services industry and understand your challenges, need for efficiency and desire to drive more business. Most importantly we recognize the strength of the advisor and client relationship, which is why we provide you with tools designed to support a superior client experience.

Our commitment to technology is paramount to our collective success; subsequently, our ongoing financial investment is profound. Waddell & Reed has negotiated enterprise pricing for this comprehensive package and also heavily subsidizes the cost for our advisors. If you acquired the components separately, you would pay more than $2700 per month. Instead, our technology bundle is currently available to you at only $150 per month.

Advisor Portal - eSuite

eSuite is Waddell & Reed's web-based technology hub − a one-stop landing page that enables you to manage your business right from the browser and gives you access to extensive resources anywhere, anytime. eSuite seamlessly integrates all our technology tools into a user-friendly advisor workstation and serves as your entry point for the daily activities that drive your business. In addition, you can access our advisor resource center, eSource, for additional information on our product offering, marketing programs, corporate communications, and reference materials. Because everything you need to run your business is all in one place, your efficiency goes up, as does our ability to train and support you. In short, this powerful portal is designed to make it easier to conduct business and better serve your clients.

NetExchange Pro®

Today's fiercely competitive environment requires a powerful source of tools and information to increase productivity and perform at your best. Pershing's NetExchange Pro® is designed to help you efficiently manage your clients' accounts, deliver first-rate service, and effectively develop new sales and revenue opportunities. It provides you with optimal tools, features, and content that are virtually unsurpassed in the industry, allowing you to:

  • Tap into some of the most respected providers of industry research, tools, market data and news, all designed to build your knowledge base and help grow your businesses.
  • View client account information, including balances, orders, holdings, and history, from a single screen to more effectively manage clients' accounts.
  • Establish a client account in minutes with online account setup.
  • Generate client reports to analyze your business as it relates to balances, holdings, trade history, and account profile information.
  • Identify potential revenue-generating opportunities from existing clients by leveraging eAnalytics, a powerful data-mining tool.
  • Initiate account transfers online and view statuses in real time to keep clients informed.
  • Eliminate the tedious task of managing clients' paper statements, trade confirmations, and tax statements with e-Document Suite™.
  • Utilize the enhanced performance and speed of the Windows-based version or take advantage of the web-based version from any computer, whether in the office or on the road.

The NetExchange Pro® platform is continually enhanced with the latest tools and technology to give you the most advanced functionality in the industry.

SmartOffice Premier

E-Z Data's SmartOffice Premier is a comprehensive, web-based client relationship management solution designed to address the needs of your growing practice. SmartOffice delivers industry-specific practice management tools, investment data downloads and integration with other applications to help you manage your business and service your clients from anywhere, anytime − all while increasing the personal level of service that secures your position as your clients' most trusted financial advisor.

Comprehensive Portfolio
Aggregation Services (COMPASS)

COMPASS, developed by Albridge Solutions, gives you online access to your clients' account information. The system aggregates mutual fund and variable annuity accounts into an easy-to-use system. COMPASS also lets you create a variety of client and advisor reports including:

Client Reports:

  • Performance by Investor
  • Transactions by Investor and Portfolio
  • Model Portfolio Rebalance
  • Holdings by Investor, Classification, Portfolio
  • Asset Allocation by Asset Type and Class

Advisor Reports:

  • New Accounts
  • Client by Sales
  • Clients by Assets Under Management
  • Daily Trade Activity

eStub

Developed in partnership with VMware, eStub facilitates the imaging and electronic deposit of checks using a customized scanner and fax machine. Division and District offices, as well as personal stand-alone offices where the Office Support Program applies, are provided with the necessary hardware and software to deposit checks electronically.

INVESTMENTPlan

INVESTMENTPlan is a comprehensive suite of web-based investment planning and research tools developed by Morningstar. INVESTMENTPlan provides access to an extensive investment research database, a portfolio analysis tool to build suitable recommendations and presentation tools to create dynamic and easy to understand client reports. The application suite consists of three modules: Research Module, Hypothetical Builder and Portfolio Builder.

Research Module

The INVESTMENTPlan Research Module provides access to Morningstar's extensive research databases (updated monthly), including more that 200 data points on:

  • Open-end mutual funds
  • Variable Annuity/Life Sub-Accounts
  • Individual Stocks
  • Exchange Traded Funds
  • Closed-end Funds

Hypothetical Illustrations

The INVESTMENTPlan Hypothetical Module provides the ability to quickly, accurately and efficiently model product performance and create customized historical investment illustrations. Using the Hypothetical Module's easy to follow six-step workflow, you will be able to illustrate investment strategies based upon:

  • Specified Schedules
  • Taxes and Fees
  • Multiple Rebalancing Options

Portfolio Builder

INVESTMENTPlan's Portfolio Builder Module is designed to help you analyze a client's risk tolerance and current portfolio allocation, create an appropriate asset allocation plan and present specific product recommendations customized to meet your client's financial goals and objectives. The Portfolio Builder Module's guided interface can be used to create a detailed comprehensive proposal, including the following reports:

  • Portfolio Comparison
  • Portfolio Snapshot
  • Portfolio X-Ray
  • Stock Intersection

Profiles Professional

Profiles Professional, from Emerging Information Systems Inc. (EISI), is a comprehensive, industry-leading financial planning tool that allows you to tailor analyses based on individual client needs. Profiles Professional is used to deliver financial planning services including: FOCUSPlan®Start-up, FOCUSPlan® and FOCUSPlan®Tax-Sensitive. This easy-to-use application provides high-quality, client-friendly presentations and reports.

NaviPlan Extended

Also from EISI, NaviPlan Extended allows you to enter the basic data for a FOCUSPlan® Premier case and transmit it electronically to our financial and estate planning experts. Our experts will then create sophisticated plans on your behalf to address the complex financial needs of your high net worth clients.

Retirement Planning Calculators

Our retirement planning calculators are designed to help you present complex retirement plan contribution calculations to your clients in a user-friendly, understandable way. Individual calculators include:

  • IRA Deduction Analysis−Joint and Single Filers
  • 457(b) & 403(b) MAC
  • Roth/IRA Comparison
  • Payroll Deferral Options−Paycheck Analysis
  • Required Minimum Distribution
  • Required Minimum Beneficiary Distribution
  • Substantially Equal Periodic Payments
  • Self-Employed Plan Contributions−Exclusive(k), SEP, PSP
  • Qualified Plan Stock Rollover Analysis

Expected Family Contribution Calculator

Our expected family contribution calculator allows you to compute the estimated college costs for a school year. Once you've determined the estimated costs, you can then work with your client to potentially lower the total cost, apply for student aid or simply prepare for the expense ahead.