Boston, MA and San Jose, CA (PRWEB) June 30, 2016
In a unique agreement, International Assets Advisory (IAA) has chosen CONCERT Global Advisor Services as their back office and technology platform. IAA, in turn, will provide full service brokerage support and services to dually registered Advisors of CONCERT Wealth Management.
IAA will offer CONCERT Advisors access to a RIA friendly broker-dealer that offers securities brokerage, access to institutional-quality alternative investments, investment banking, insurance and trust services, as well as a continuity in technology platform.
The CONCERT/IAA agreement provides clarity for the hybrid Advisor and others who may have a challenging time navigating the blurred lines between a Registered Investment Advisor and a Registered Representative. It will also satisfy both brokerage and fee-based advisory for clients without having to go through two different systems that don’t "talk" to each other.
“The CONCERT platform helps us optimally manage our 120+ Advisors with its unique integration of technology and services," said Ed CoFrancesco, CEO of IAA. "CONCERT provides a cost saving efficiency to our business we have not been able to find anywhere else.”
“We have searched high and low for the right broker-dealer partner for our Advisors and our industry partners at all the major custodians," said Felipe Luna, CEO of CONCERT Wealth Management. "The people at IAA get it. They value independence and the growing need for an RIA friendly broker-dealer.”
CONCERT Global is an Advisor Technology and back office services company providing a comprehensive suite of services to independent Advisors (IARs), Registered Investment Advisors (RIAs) and Broker/Dealers (B/Ds). Our fully integrated platform of technology solutions, technology services and administrative support offers increased efficiency and scale allowing our Advisors to focus on clients instead of the back office. CONCERT Wealth Management, Inc., its registered investment advisor affiliate, provides additional efficiencies to advisors throughout the country by leveraging strong industry relationships, back office and compliance services. The firm's Capital Management division also provides investing solutions to help advisors better serve their existing clients while cultivating practice growth.
IAA is an independent and privately owned wealth management firm offering full service securities brokerage and investment advisory with the world’s largest clearing and custodial relationships. Our capabilities and platform supports sophisticated offerings in Capital Markets, Investment Banking, access to institutional quality alternative investments, as well as traditional investments and advisory wealth management solutions.