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TD Ameritrade Institutional Brings the Power of iRebal to Veo; Bridges the Rebalancing Gap for AdvisorsSAN DIEGO --(Business Wire)-- TD Ameritrade Institutional1 is set to break new ground for registered investment advisors (RIAs) with the upcoming launch of a web-based version of iRebal®, a leading portfolio rebalancing software program. Fully-integrated with TD Ameritrade Institutional's Veo® advisor platform, the online version of iRebal will provide RIAs with one-click access to the power and core functionality of its desktop software counterpart. Advisors who custody assets with TD Ameritrade Institutional will access the new version of iRebal at no cost through Veo. "As the RIA industry continues to experience strong growth and advisor assets under management increase, so do the difficulties in maintaining properly allocated portfolios. With iRebal in Veo, advisors can reduce weeks-long processes down to minutes, putting them in a better position to pursue potential opportunities, react to changing market conditions and ultimately provide more valuable service to their clients," said Tom Nally, president, TD Ameritrade Institutional. "Rebalancing technology can also help advisors achieve greater scale for their investment management businesses, allowing a wider range of investors to benefit from the services of a financial advisor." iRebal software has been recognized for its ground-breaking rebalancing methods and asset allocation processes and was one of the first solutions in the industry to introduce family-level rebalancing. Like the desktop-based iRebal software, the new online version in Veo is a customizable, rule-based program which automates complex rebalancing processes, allowing advisors to simultaneously rebalance hundreds of accounts while considering unique client circumstances, tax consequences, restrictions and liquidity needs. iRebal will automatically generate trade recommendations for multiple-account level rebalancing, cash management, tax loss harvesting and other directed trading functions. "The cost of top rebalancing products and the limitations of more inexpensive solutions has created a gap in the market and left many advisors with inefficient, labor-intensive processes," said Ben Welch, director of advisor business development and iRebal, TD Ameritrade Institutional. "We are bridging that gap by offering all advisors who custody with TD Ameritrade Institutional access to a practical, yet powerful online version of iRebal available through Veo."
iRebal on Veo: A web-based portfolio rebalancing solution leveraging the features and functionality of iRebal's desktop solution. One-click access through TD Ameritrade Institutional's Veo advisor platform allows for more efficient processing of trades, saving advisors time and eliminating the need to translate data between multiple, disconnected platforms. Pricing: Available at no cost to advisors on client accounts custodied with TD Ameritrade Institutional Availability: Available online through TD Ameritrade Institutional's Veo advisor platform Key Features & Functionality:
iRebal Desktop Software: One of the industry leading portfolio rebalancing solutions for well-established advisors. iRebal is custom, rule-based rebalancing software for advisors who wish to streamline their portfolio rebalancing and automate trading needs. Designed to meet the needs of wealth management firms requiring a high degree of customization and dedicated support. Pricing: One-time implementation fee of $10,000. Annual software licensing fee is based on a firm's assets under management (AUM) and starts at $20,000 for firms with less than $450,000,000 in AUM. Availability: iRebal software is multi-custodial, available on TD Ameritrade Institutional client accounts as well as accounts held at other custodians Key Features & Functionality:
About TD Ameritrade Institutional
About TD Ameritrade Holding Corporation Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA (www.nfa.futures.org) 1TD Ameritrade Institutional is a division of TD Ameritrade, Inc., a brokerage subsidiary of TD Ameritrade Holding Corporation. iRebal products and services property of ThinkTech, Inc., an affiliate of TD Ameritrade, Inc. AMTD-G
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