Technology & Platforms
The Heart of the Matter
The advancements in technology today allow us to manage client relationships more effectively and efficiently, and ensure that investment strategies and solutions are built around clients’ needs, and not around the advisor or the firm.
That is the true meaning of “Having the client’s best interest at heart.” And that’s all that matters.
Open Architecture—Comprehensive and cost-effective; we believe “open architecture” is in the best interest of the client. The perceived conflict of interest is removed, and proprietary products are not a concern at Richard Brothers. Traditionally, investment products and advisory services were always offered in combination. Now, the “uncoupling” of product manufacturers from advisory consulting allows advisors to be truly independent in their strategies and advice. A major advantage, of course, is the ability to move most (if not all) clients and their investment solutions seamlessly to the open architecture platform where products and third-party money managers reside. Stabilized revenue is also realized through a fixed fee. To those advisors specializing in wealth management for their HNW clients our platform can offer them alternative products such as private equity, hedge funds, funds of hedge funds etc. Retail clients also have the advantage now of accessing investments previously reserved for institutionalInvestors |investors. Your clients will be the main beneficiaries of our open architecture platform because they’ll enjoy better performance and receive better service. What a significant value an independent advisor can offer to new and current clients!
Managed Account Platform—Our partner is Lockwood/Pershing Managed Account Solutions. Our platform is a comprehensive selection of managed account solutions including separately managed accounts, unified managed accounts, multi-manager accounts, Advisor-directed and Sponsor-directed (Richard Brothers). Through a leading web-based investment solution “hub” you will have access to best-of-breed investment managers, practice management tools, and comprehensive portfolio management options. Many of the world's leading asset managers would otherwise be unavailable to your clients. Analysis and research on the third-party managers is accessible, as well as information on markets and various topical issues.
Through our alliance with Lockwood/Pershing Managed Account Solutions, you can recommend innovative and custom investment strategies to your clients. They offer numerous options and tools to help you construct an optimized portfolio for them.
Wealth Management and Financial Planning Platform— You will have access to our extensive asset management and financial planning resources for your HNW individual clients and affluent families. These clients may have philanthropic or legacy planning needs, or pre/post-retirement planning requirements. Your small business clients may need guidance on business expansion financing or business succession planning, and your corporate client may need executive benefit counseling. Our firm is a family-owned business and has encountered most (if not all) of these complex issues. Our own clients are small business owners and affluent families, and we are happy to offer you coaching and consulting on the issues that may be facing your clients today.
- Tax planning and compliance
- Business succession strategies
- Insurance services
- Family wealth management and intergenerational transfer
- Charitable giving
- Personal trust planning and administration
- Retirement and IRA planning
- Estate administration
- Brokerage