From: STAFF REPORTS
Published: Saturday, November 26th, 2011 | 4:56 pm
Western International Securities in Pasadena has announced an agreement to provide financial advisers with access to consolidated performance reporting capabilities through Envestnet, a leading provider of Wealth Advisory Solutions.
Envestnet’s Performance Reporting Engine is a web-based portfolio accounting and performance reporting solution that will be made available to Western’s financial professionals and their clients.
“We’re extremely pleased to provide numerous choices for our Advisers to have the flexibility to offer their clients the highest level of professional reporting that fits their business model. Our Advisors are happy with reporting options for their advisory accounts and we can now offer that for brokerage accounts as well,” said Donald Bizub, CEO of Western International Securities.
Through this technology, Western’s advisers can generate on-demand, personalized performance reports using account information held at multiple custodians including brokerage accounts and directly-held mutual funds and insurance products. These reports can be generated in a PDF format and distributed via e-mail.
Western has over 250 registered representatives and is rapidly growing its business through JP Morgan Clearing Corp. and Pershing LLC. It is among the largest independent dealers clearing through JP Morgan Clearing Corp.
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