RedBlack Portfolio Rebalancing Software Now Available For RIAs Through Shareholders Service Group
Pilot Program Receives Positive Comments

For immediate release:

San Diego, CA - November 7, 2011 - Shareholders Service Group (SSG), a custodial firm for independent registered investment advisors, today announced the successful completion of a pilot program with RedBlack Software (RedBlack), and will make RedBlack’s cloud-based rebalancing available to all SSG RIA clients.

Designed for advisors by advisors in 2006, RedBlack brings efficiency and organization to rebalancing and trade order processes, providing RIA firms with easy access to the information most important in the investment decision-making process, such as: intraday market pricing, current activity, drift reporting, and tax location and early redemption exposure. Advisors can more efficiently leverage qualitative and quantitative data, integrated into a single view, optimizing their best practices. RedBlack interfaces directly with SSG data files and transmits trade files directly to SSG, and is available at a discount to RIAs using the services of SSG. Furthermore, RedBlack interfaces with several portfolio management systems as well. "We are excited to provide access to another great technology product for advisors that do business with SSG,” says Dan Skiles, executive vice present at Shareholders Service Group. “RedBlack’s cloud-based rebalancing solution offers advisors the ability work directly through our trading and administration platform- ultimately allowing advisors to more efficiently serve their clients." "It is a great opportunity to bring our cloud-based rebalancing solution to SSG clients,” says Pete Giza, chief of technology at RedBlack software. “Rebalancing and trading are two areas that technology can truly bring immediate and realized ROI. Some advisors have said that the reduction in resource drain and resulting efficiencies are a game-changer for their firm."

Shareholders Service Group (SSG) provides brokerage and custodial services exclusively for independent registered investment advisors (RIAs). SSG provides a full range of brokerage and back office service and support with a robust technology platform, access to a full suite of investment vehicles, and a highly experienced service team that only serves independent RIAs. The company began serving independent RIAs in 2002, and currently serves approximately 900 advisory firms throughout the country. The management team began serving independent RIAs in the late 1980s, first at discount broker Jack White & Company, then at TD Waterhouse in 1998, upon its acquisition of Jack White. Learn more at www.ssginstitutional.com.

RedBlack Software (RBS) provides portfolio rebalancing, trade order management and interactive monitoring products for financial services professionals. RedBlack was founded in 2006 under the tenet that regardless of a firm’s size it should be able to benefit products that produce high-value at the right price without sacrificing functionality and quality. RedBlack’s products are; intuitive, advisor proven, data neutral, integrated with leading custodial platforms, capable of managing a depth of security types. The management team has been serving the financial markets since the 1990’s. To learn more, please visit www.redblacksoftware.com