The deal gives IFP advisors access to a reporting solution so that they have a one-stop view of client assets.

Independent Financial Partners, a registered investment advisor which is soon to become a broker-dealer, has chosen BNY Mellon’s Albridge to provide wealth reporting to its roster of about 500 advisors in the US. 

The agreement provides IFP's advisors access to Albridge Wealth Reporting®, Albridge's solution that allows advisors to present a complete view of all client assets.

For home office executives, Albridge will provide consolidated and transactional data from several custodial and legacy systems. 

Albridge Wealth Reporting pulls together data from more than a hundred sources to provide a consolidated view of assets. 

As of December 31, 2017, IFP's advisors have more than $40 billion in assets under advisement.