TradePMR Releases Paperless Account Opening System

Share Article

New online account opening system promises to streamline advisor workflow and reduce paper.

TradePMR today announced the release of its paperless account opening system. This is the latest in a series of enhancements to its best-of-breed eCustody Advisor Workstation that improves Register Investment Advisor’s (RIAs) daily workflow. The system is designed to allow RIAs to open TradePMR accounts without the need for paper documents. By partnering with a leading identity verification company, eCustody is able to successfully verify the identity of applicants and create a digital signature in many cases. This means an Advisor client can digitally sign their account documents, streamlining the account opening process. In addition, eCustody supports electronic account transfers to allow assets to be moved with as little delay as possible.

“The new account opening system represents a major step forward for our Advisors,” said Dennis Suppe, Chief Technology Officer of TradePMR. “By verifying all client data online, we can prevent errors upfront and save our Advisors time while improving their customer’s experience,” he added.

The system also supports paper forms that may need additional wet signatures, such as check writing signature cards. All account documents are electronically stored on the client’s account for easy access by the account holder and their Advisor. The Advisor is able to download client documents in bulk for his own offline storage and record keeping if he chooses.

TradePMR’s Account Opening solution is available free of charge to all TradePMR Advisors. It will be demonstrated at Synergy 2010, TradePMR’s annual Advisor Conference, from February 24th – 26th in Orlando, Florida.

About TradePMR

TradePMR is a privately held brokerage firm (Member FINRA/SIPC) located in Gainesville, Florida. Since 1999, it has been a leading provider of Brokerage and Custody services to Independent Registered Investment Advisors (RIAs) and their clients by providing an integrated web-based workstation that enables RIAs to run their practices more efficiently and effectively.

For further information contact Fred Van Den Abbeel
TradePMR, Executive Vice-President/RIA 888-579-8640

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

ROBB BALDWIN

888-723-3767
Email >