(PRWEB) September 27, 2012
Xtiva Financial Systems, the leading provider of enterprise-wide compensation solutions for the financial services industry, announced today that it has renewed its contract with L.M. Kohn & Company, a full-service retail brokerage firm based in Cincinnati, Ohio.
“Xtiva has been a valued partner for L.M. Kohn & Company for the past 9 years. Everyone we work with at Xtiva is firmly committed to making our compensation process simple and error-free,” said Mr. Larry Kohn, President of L.M. Kohn & Company. “If an issue does arise, the support personnel are responsive and knowledgeable so we never have any downtime. I never worry about paying our advisors. So it was an easy decision for us to renew our agreement with Xtiva.”
“It is a pleasure to work with the management and staff at L.M. Kohn. It is a rewarding feeling to know that, in our own way, we have helped them grow their advisor base,” said Xtiva Vice President of Sales & Services, Rick Scearbo. “We look forward to many more years of compensating their people.”
Xtiva provides the first industry-integrated approach to fully-automated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s product line supports today’s need for a managed solution while meeting a wide range of business, operational, financial and technological needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling clients to:
+ Improve the quality and focus of reporting across the enterprise
+ Reduce total cost of ownership of advanced enterprise reporting solutions
+ Manage revenue and expenses more effectively
+ Bridge gaps between regulatory and financial reporting
About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of hosted solutions for the financial services industry. Founded in 1998 and based in New York, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker-dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. Xtiva’s portfolio of clients includes Ameriprise, AXA Advisors, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust and Walnut Street Securities. For more information about Xtiva, visit http://www.xtiva.com.
About L.M. Kohn & Company
L.M. Kohn & Company is a full-service financial firm committed to helping people pursue their financial goals. The firm has 146 financial advisors and conducts business in all lower 48 states. L.M. Kohn operates on a fully disclosed basis and clears their security business through RBC Correspondent Services (RBCCS), a division of RBC Capital Markets LLC and has a custody relationship with TD Ameritrade solely for investment advisory services. For more information, please visit http://www.lmkohn.com.