Print this article

Questar Picks Albridge Solutions For Wealth Management Services

Devina Shah

10 November 2010

US securities broker-dealer Questar Capital, a division of Allianz, has selected Albridge Solutions for its enterprise wealth management services.

Albridge Solutions, an affiliate of BNY Mellon company Pershing, will offer such services as multi-custodial performance reporting and a data consolidation platform. The implementation of the latter aims to help Questar’s financial professionals strengthen communications and relationships with their clients.

“The decision to implement Albridge’s technology platform underscores Questar’s commitment to providing our registered representatives with the best resources available,” said Kevin Bachmann, president and chief executive of Questar Capital.

Questar’s network of more than 650 registered representatives will have access to Albridge’s technology platform, which will generate a range of on-demand client reports and consolidated client statements.

Under the terms of the agreement, Questar advisors will also implement Albridge’s client data integration solution, which provides financial professionals with the ability to integrate client data and connect with third-party software that supports financial planning, investment research, and client presentations.

Questar Capital, is a Minneapolis-based national securities broker-dealer, founded in 1997.

Albridge Solutions, provides enterprise solutions, custom technology and business consulting services to institutional and retail financial organizations and independent registered investment advisors