We arm you with technology that gives you a competitive edge and strives to reduce
non-revenue-generating activities. We carefully select technology partners
that specialize in creating solutions for financial professionals, and we teach
you to use those solutions to maximize your success. With some of the
best technology in the wired world at your fingertips, you will be positioned
to nurture and strengthen your advisor/client relationships.
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 heavily subsidizes the cost for
our advisors. If you acquired the components separately, you would pay more than
$2,700 per month. Instead, our technology bundle is currently available to you at
only $210 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, technology trends, corporate communications, and reference materials. Because everything
you need to run your business is 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.
Today's fiercely competitive environment requires a powerful source of tools and
information to increase productivity and perform at your best. Pershing's NETX360
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 client 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
- 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 NETX360 Windows-based version or take
advantage of the web-based version from any computer, whether in the office or on
The NETX360 platform is continually enhanced with the latest tools and
technology to give you the most advanced functionality in the industry.
SmartOffice (EBIX CRM , formerly E-Z Data)
SmartOffice 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.
COMPASS (Albridge Solutions)
COMPASS (Comprehensive Portfolio Aggregation Services) gives you online access to your clients'
account information. The system aggregates all the accounts you manage on behalf of your clients, including their 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:
- Portfolio snapshot/performance
- Transactions by investor and portfolio
- Model portfolio rebalance
- Holdings by investor, classification, portfolio
- Asset allocation by asset type and class
- New accounts
- Client by sales
- Clients by assets under management
- Daily trade activity
Developed in partnership with DST's VMware, eStub facilitates the imaging and electronic
deposit of checks using a customized scanner and fax machine available at all division and district
offices. Advisors who qualify for the Personal Office Support Program
will receive the necessary eStub hardware and software to deposit checks
INVESTMENTPlan (Morningstar® Advisor WorkstationSM)
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:
The Research module provides access to 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
The Hypothetical Illustrations module allows you 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 can illustrate investment strategies based upon:
- Specified schedules
- Taxes and fees
- Multiple rebalancing options
The 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 module's guided interface
can be used to create a detailed comprehensive proposal, including the following
- Portfolio comparison
- Portfolio snapshot
- Portfolio x-Ray
- Stock intersection
FOCUSPlan (EISI – Profiles Professional)
Profiles Professional is a comprehensive,
industry-leading financial planning tool that allows you to tailor analyses based
on individual client needs. Profiles Professional delivers 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.
FOCUSPlan Forecast (EISI – Profiles Forecaster)
Profiles Forecaster is a professional approach to a goals-based needs analysis in
accumulation or protection areas, such as financial independence (retirement),
asset allocation, education funding, survivor needs, long-term care and disability needs.
Its straightforward design ensures simplified data or the ability to drill down and enter
more detailed information, if desired. Dynamic, graphic-rich presentations can be created
in as little as 20 minutes in many cases.
FOCUSPlan Premier (EISI – NaviPlan Select)
Through a partnership with our home office financial, estate, and business planning experts,
you have access to EISI's most sophisticated planning tool, NaviPlan Select. Designed for
your high-income and high-net-worth clients and prospects, the Premier planning process
provides access to state-of-the-art technology and advanced planning expertise. Through a
collaborative process, you can create sophisticated plans to address your high-net-worth
clients' complex financial needs.
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/Tradition 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, Profit Sharing Plan
- Qualified Plan Stock Rollover Analysis