Press Room

Milestones

2010

• Launched personal financial management site goalgami.
• ASI awarded second patent for ASI Wealth Manager.
• Chemical Bank selects ASI Client Acquisition Solution for proposal generation.

2009

• Acquired Advisor Partners.
• LPL selects ASI Portfolio Rebalancing Solution to meet the rebalancing needs of their advisors and independent broker-dealers.
• Russell Investments rolls out UK version of Russell Portfolio Builder, an ASI Client Acquisition Solution implementation.
• ASI enhances ASI Wealth Manager with 1.1 release.
• ASI awarded first patent for ASI Wealth Manager.
• ASI Portfolio Rebalancing Solution recognized as a winner in CPA Wealth Provider's Sixth Annual Financial Planning Awards.

2008

• ASI launches first ASI Wealth Manager Client: Citi's myFi mass affluent business unit.
• New, web-based ASI Portfolio Diagnostic Tool, ASI Portfolio Forecaster leverages 1,500 Monte Carlo simulations to help financial institutions, advisors and financial content providers better understand the probability of meeting financial goals.
• Pension Dynamics makes ASI Portfolio Forecaster available to 401(k) participants.
• Advisor Software unveils enhanced version of ASI Portfolio Rebalancing Solution for addressing complex rebalancing challenges.
• ASI Portfolio Rebalancing Solution Product Upgrade 2007 is named a 2008 American Business Awards Finalist for Best New Product or Service - Computer Software.
• Capital Analysts Incorporated implements ASI Client Acquisition Solution to support the company's uniquely managed products.
• iPro One adds ASI Client Acquisition Solution® to its CPA360™ Platform for Investment Advisors.
• Moss Adams, the 11th largest accounting firm, selects Advisor Software for its Wealth Advisor Division.

2007

• First Trust Portfolios, L.P. selects ASI Client Acquisition Solution for its ability to support the organization’s diverse product offerings.
• Kayne Anderson Rudnick Investment Management, L.L.C. deploys ASI Client Acquisition Solution.
• Capital Analysts Incorporated selects ASI Client Acquisition Solution.
• Advisor Software exceeds 100% revenue growth and ramps up to over 60 employees.
• Charles Schwab Institutional selects ASI Portfolio Rebalancing Solution to deploy on the Schwab Institutional portal to more than 5,000 advisors.
• Advisor Software introduces enhanced version of ASI Portfolio Rebalancing Solution, enabling financial institutions to improve advisor productivity and efficiency.
• More than 30,000 advisors are using ASI Client Acquisition Solution.
• ASI Portfolio Rebalancing Solution is available to around 10,000 advisors through their custodians.

2006

• Russell Investments selects ASI Client Acquisition Solution, replacing Russell’s Portfolio Builder tool.
• Bremer Financial Corporation implements ASI Client Acquisition Solution, enabling portfolio managers to quickly analyze current portfolios and construct alternative portfolios for clients using institutional-caliber diagnostic tools.
• Commerce Trust Company implements ASI Client Acquisition Solution as part of the Advisor Software and Metavante partnership.
• State Street Global Advisors extends it offerings from Advisor Software with the addition of the Portfolio Analysis Tool, for quick, in-depth analytics that compare portfolios to benchmarks.
• Advisor Software and Metavante enter into a partnership to extend investment proposal capabilities to Metavante clients.
• Advisor Software exceeds 100% revenue growth.

2005

• Advisor Software launches the first version of ASI Portfolio Rebalancing Solution
• TD Waterhouse Institutional implements the first version of ASI Portfolio Rebalancing Solution, making it available to advisors using the Veo Platform. 
• A leading mutual fund and ETF company releases ASI Client Acquisition Solution to its advisor community.
• State Street Global Advisors launches SSgA’s Portfolio Constructor^TM, a cutting-edge software and web-based technology platform for asset allocation, diagnostic, investment selection and portfolio construction capabilities.
• First Citizens Bank launches ASI Client Acquisition Solution for use by its wealth management and trust group.
• PowerShares augments its advisor portal to include ASI Client Acquisition Solution for helping advisors construct a portfolio using the PowerShares investment products.
• ShareBuilder implements ASI Self-Directed Investor Solution and brands the application as PlanBuilder Plus, providing a free online advisory service for small investors
• U.S. Fiduciary implements ASI Client Acquisition Solution as part of its integrated platform of technology, research and investment services.
• Neal Ringquist joins Advisor Software as president and chief operating officer.
• Advisor Software exceeds 100% revenue growth.

2004

• M Financial Group, a national organization of over 100 financial services firms serving the ultra high net worth segment, provides ASI Client Acquisition Solution to its member firms.
• Advisor Software extends capabilities of its ASI Client Acquisition Solution with a new, enhanced release.
• NBC Securities selects Advisor Software to provide investment planning and proposal capabilities for its high-end professional asset management team.
• Advisor Software exceeds 100% revenue growth.

2003

• iShares, a subsidiary of Barclays Global Investors (BGI) provides ASI Client Acquisition Solution to advisors who use the tool to highlight ETF products within compelling advice analytics and investment proposals.
• First Federal Bank (NYSE: FED) provides ASI Client Acquisition Solution to its in-house investment and trust advisors, empowering advisors with powerful asset allocation, investment selection and proposal generation capabilities.
• Advisor Partners deploys ASI Client Acquisition Solution to advisors to direct the investor portfolios into its managed portfolio program.
• Advisor Software launches the first version of ASI Client Acquisition Solution.

2002

• Advisor Software moves towards a product development focused model, leveraging its expertise in creating customized solutions and analytics.

2001

• Advisor Software launches ShareBuilder PortfolioBuilder, powered by ASI Self-Directed Investor Solution, for ShareBuilder ING Direct.  The solution enables the organization to create a direct channel for promoting their unique investment offerings to individual investors.

2000

• Advisor Software creates and implements a portfolio analysis application for Harris myCFO.
• Advisor Software creates a customized, web-based portfolio analysis tool for Nationwide Financial Services, supporting Nationwide Funds and Gartmore Mutual Funds.

1999

• Advisor Software develops a portfolio construction tool and mutual fund wrap for Canada Trust Investment Management to help clients meet their goals.

1997

• Advisor Software creates Allocator Pro to support Fidelity Investment Advisor Group (FIAG).  The tool has been in continuous use since then.

1996

• Advisor Software launches its first product, Mutual Max, a desktop application and the first portfolio analysis tool to calculate underlying styles and allocations of Mutual Funds.

1995

• Andrew Rudd founded Advisor Software.