New products introduced over the last week include a new free Web-based 401(k) advisory service for consumers from CoPiloted and a new Quantified Funds family from Flexible Plan Investments.
In addition, Advent and Schwab announced a collaborative effort to allow the former’s Black Diamond platform to integrate with the latter’s OpenView Gateway.
Here are the latest developments of interest to advisors:
1) Schwab Advisor Center data now accessible within Advent’s Black Diamond
Thanks to a collaboration between Advent Software (ADVS) and Charles Schwab (SCHW), advisors can now access specific intraday data from Schwab’s Advisor Center within Advent’s Black Diamond platform. The Black Diamond portfolio management, reporting and rebalancing platform has been successfully integrated with Schwab’s OpenView Gateway so that the availability of custodial data has been extended to include intraday information, account profiles, reports, and operational alerts to streamline clients’ daily workflows.
In addition to this integration, clients using other Advent solutions and accessing data feeds through Charles Schwab and Advent Custodial Data will now experience a higher level of data quality and an improved user experience with a new version of the interface.
2) CoPiloted Launches Free 401(k) Advisory Service