Technology

Inside A Vicious Phishing Scam Targeting RIAs: Read The Emails That Nearly Defrauded A Successful Financial Planning Firm Of $35,000

http://iimagelibrary1.advisorproducts.com/images/igallery/original/3101-3200/vault_security__1075_-3102.jpg
Here’s a cautionary tale of an advisor who nearly fell victim to a $35,000 phishing scam that is targeting investment advisors.   The RIA, co-owned by an advisor I’ve known for many years, has changed its procedures since the incident occurred 11 months ago, and he did come to eventually realize that it was a scammer before sending any money to the account as requested. But he says his firm has been targeted twice and that the scams are getting more sophisticated. To help other advisors avoid falling victim to phishing scams, the advisor provided A4A a copy of the email th

Read more ...

Orion Now Offering TRX As Part Of Its Solution!

http://iimagelibrary1.advisorproducts.com/images/igallery/original/1301-1400/meetings_at_computer__1073_-1317.jpg
As the financial advisory business is becoming more complex and competitive, advisors are looking for ways to create scale, enhance service and improve profitability.   Accordingly, technology can play a key role in making this happen.  One very exciting development is the movement by industry technology leaders to work together to create new solutions for advisors.  A great example of that is the new joint venture between Orion Advisor Services and Total Rebalance Expert (TRX).

Read more ...

Here's The Best Windows 8 Desktop Mouse I Can Find

http://iimagelibrary1.advisorproducts.com/images/igallery/original/1701-1800/calendars_clocks__1021_-1793.jpg
A4A readers, as measured by hits, have shown high interest in stories about Windows 8. So here's look at my new mouse, the Microsoft Sculpt Ergonomic.   Windows 8, as confusing as it may be, is here to stay, and this complicated operating system has inspired a new kind mouse that has that blue Windows button in the picture below, which toggles to the Start screen, which is a nice feature for Windows 8 users.   

Read more ...

Post-Monte Carlo Planning: A Modern Platform For Managing An RIA With A Revolutionary Planning App Based On Safe Savings Rates

http://iimagelibrary1.advisorproducts.com/images/igallery/original/1301-1400/meetings_at_computer__1074_-1318.jpg
inStream Wealth Solutions allows practitioners to advise clients based on a new approach to retirement planning, a methodology based on safe savings and withdrawal rates. But don’t think of inStream as merely a financial planning app.   In addition to enabling a modernized approach to retirement planning, inStream provides an RIA with a practice management system. It integrates alerts into its financial planning app, along with business intelligence (BI) data, a document management system, mind maps, online collaboration tools for teams, and features supporting other core func

Read more ...

For RIA Owners Thinking Of Upgrading To Office 365, An In-Depth Look At Upgrade Options And Hassles You Must Know About

http://iimagelibrary1.advisorproducts.com/images/igallery/original/2801-2900/maps_graphs__1010_-2825.jpg
  If you own an RIA and you’re thinking of upgrading to Office 365, here are some important considerations. Upgrading my advisor marketing-technology company to Office 365 has been a nightmare for me personally, despite my doing it in stages. But it will be good in the long run. Below is an in-depth discussion of the most confusing aspects of my upgrade to Office 365, offered so that you might avoid some of the mistakes in adopting the latest technology in the Microsoft’s incredibly complicated system. My comments are intended for RIA owners who are not IT professionals.

Read more ...