Client Marketing Systems is making its rebalancing and trading capabilities in TradeWarrior available to Advisors Assistant users.
Pismo Beach, Calif.-based Client Marketing Systems says TradeWarrior is the perfect complement to the other system, because it offers a suite of portfolio optimization and rebalancing tools. Advisors can run taxable gain thresholds, estimate the tax implications of certain trades, harvest tax losses, and continually monitor portfolios to detect drifts from their original modeled allocations, according to the company.
“This integration has been in the works for more than a year, and we are very excited to announce its completion,” Damon Deru, CEO of TradeWarrior said in a statement. “Advisors Assistant is one of the pioneering software firms in the industry, and we are honored to have been chosen to work with them and their clients.”
Donna Mitchell writes for Financial Planning.