Vendors integrate practice-management systems for wealth-management firms. Wealth-management business-platform provider Investigo and Investment Scorecard, a performance-measurement provider to wealth advisories, are jointly marketing a melded version of their respective offerings.

Complementary

"The market continues to demand greater efficiency," says Investigo's CEO Thomas Rozman. "Investigo is uniquely positioned to provide for that need in this instance with seamless functionality to Investment Scorecard for a broader range of advisory level reporting capabilities that is truly best of breed."

Minneapolis-based Investigo says its platform saves advisors time and money by allowing them to work through an integrated portal for asset tracking, client management, and compliance functions.

Investment Scorecard's CEO Joe Maxwell says the joint venture with Investigo is a natural development given the firms' "highly complementary" capabilities. "We have unified Investigo's powerful practice management system and data consolidation engine with our sophisticated reporting, analytics and performance management capabilities to deliver a platform that is ideally suited to the high net worth marketplace," says Maxwell.

Nashville, Tenn.-based Investment Scorecard provides performance measurement, policy monitoring and independent client reporting services to wealth-management firms. -FWR

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