We are excited for our Joint Venture partner, FinFolio, to have exited their beta stage and release their open Portfolio Management System into the marketplace this past Monday.  You can read more about it on the FinFolio blog or in this Investment News Article.

They have been in development of their program for over two years.  Their development team put a lot of “blood, sweat, and tears” into this project over the past couple years and we are very pleased in how it’s turned out.  We obviously have a biased opinion, but we believe that this is the best Portfolio Management System on the market for investment advisors and money managers.  The system has been developed from the ground up by industry veterans who have done this before, and there was a lot of planning and rewriting to get the features done right.

For those who may or may not know, TradeWarrior, is available as a 3^rd Party Add-In to the FinFolio platform.  What this means for advisors is seamless integration between the two systems.  For instance, if you change the Model associated with a Client; that change will automatically be reflected in both FinFolio and TradeWarrior. You can change the price on a Security, and it will simultaneously change it in both systems.  The list goes on and on. Many advisors run multiple databases in their firm (i.e. CRM, PMS, Financial Planning, Rebalancing, etc), so many know of the headache of maintaining the same client data in all of those databases.  Our integration with FinFolio is the beginning of our shared vision of integrating all these mission critical systems into one centralized database.

On the development front, we are entering our final beta testing stage now, and expect to have our release in the next month or so.

For those who may be interested in TradeWarrior, but not necessarily in switching Portfolio Management Systems to FinFolio, we have a “WhiteBox” version that we will be releasing as well.  This version will integrate with all the major Custodians initially (Schwab, Fidelity, TD Ameritrade, Pershing/SSG), and we are working on integrating with the other major Portfolio Management Systems within the industry.

If you are interested in seeing a demo of TradeWarrior, please contact us at 888-660-6568 x1 or send us a message on our contact page.