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Beacon Pointe Advisors and Clearwater Analytics Announce PartnershipBOISE, Idaho --(Business Wire)-- Beacon Pointe Advisors, a California-based independent Registered Investment Advisory (RIA) firm with over $7 billion in assets under management, has selected Clearwater Analytics® to provide investment accounting and reporting solutions for its rapidly growing business. Clearwater will provide Beacon Pointe with a web-based reporting platform that will help support Beacon Pointe's aggressive growth strategy. Beacon Pointe was founded in 2002 by a team of investment experts with extensive experience in investment management, institutional consulting, and financial planning. Beacon Pointe is an employee-owned firm with a diverse group of clients, including endowments, foundations, institutions, and high-net-worth individuals and families. As an independent firm, Beacon Pointe places high importance on providing clients with objective and unbiased oversight of their assets. With this goal in mind, Beacon Pointe chose Clearwater as the best solution for providing transparency into daily performance reporting and compliance monitoring. "Clearwater allows us to strategically scale and accommodate our new client growth, as well as provide our current clients with a compelling reporting solution," said Garth Flint, CEO and Founder of Beacon Pointe Advisors. "Clearwater's ability to easily and effectively report on large, sophisticated portfolios provides another layer of efficiency for Beacon Pointe, and truly aligns with our driving principle of ensuring that our clients' best interest is the force behind everything we do." "Beacon Pointe excels at providing customized and strategic asset management services for a diverse range of clients, and they understand how Clearwater's software-as-a-srvice solution and vast industry expertise is very valuable in strengthening investment accounting and reporting for their clients," said Dave Boren, CEO of Clearwater. "We are excited to partner with Beacon Pointe so that they can ultimately deliver more value, more transparency, and more strategic focus to their clients." Clearwater Analytics provides the following benefits:
About Beacon Pointe Advisors Beacon Pointe Advisors is one of the nation's largest independent Registered Investment Advisors (RIA) with over $7 billion in assets under management (as of 3/31/2014). Beacon Pointe is headquartered in Southern California with five affiliate firms nationwide. As a 100% employee-owned, independent investment advisory firm since 2002, we provide clear and objective investment advice, solely advocating for our diverse group of clients, including endowments, foundations, institutions, and high-net-worth individuals. Our advisors' extensive expertise and strong commitment to our clients can be seen through numerous awards, including being recognized by Bloomberg (News - Alert), Forbes, Financial Advisor, Barron's and more. For more information, please visit www.bpadvisors.com. Follow us on Twitter (News - Alert): @BPInstitutional @BPAdvisors About Clearwater Analytics Clearwater Analytics is the leading provider of web-based investment portfolio accounting, reporting, and reconciliation services for corporate treasuries, insurance companies, and investment managers. Clearwater aggregates, reconciles, and reports on over $1.1 trillion in assets across 25,000+ accounts daily. For over a decade Clearwater has partnered with investment managers of all sizes, allowing them to focus on their core business and grow their firms. Clearwater technology and service allows our partner firms to capitalize on new opportunities, strengthen their existing client relationships, and streamline their internal processes. Clearwater remains committed to continuous improvement of the solutions we are providing to current clients, while encouraging prospective firms to rethink how they approach their operational challenges. For more information about Clearwater Analytics, visit www.clearwateranalytics.com.
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