BD praises consolidator's ability to deliver access to "high-quality data". Independent broker-dealer Investors Capital Corporation (ICC) is making Albridge Solutions ' web-based portfolio accounting and performance reporting technology available to its network of more than 700 brokers.

"Albridge's technology takes our financial advisors' service capabilities to the next level, beyond basic practice-management tools," says Tim Murphy, president of Lynnfield, Mass.-based ICC. "Our financial advisors will have access to high-quality data and a greater depth of consolidated reporting capabilities for their clients' accounts, which are the most important factors in helping ensure their clients' financial plans achieve success."

Empowering

Using Albridge's Wealth Reporting "enterprise data management" or EDM, ICC's financial advisors will have the ability to generate on demand, personalized performance reports, produce consolidated client statements and access a consolidated view of their clients' net worth.

Albridge executive v.p. Jake Rohn says that firms that implement its technology "are empowering financial advisors with the ability to deliver a higher level of service to investors."

Lynnfield, Mass.-based ICC is a subsidiary of Investors Capital Holdings.

Lawrenceville, N.J.-based Albridge provides enterprise wealth-management services to more than 90,000 financial advisors at 150 financial institutions. -FWR

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