August 24, 2020
Adviser Investments Streamlines High-Volume Cash Actions on Plan Distributions with RedBlack
Newton, Mass.-based registered investment advisor (RIA) and family office, Adviser Investments has expanded its use of RedBlack’s rebalancing software to manage the raising and investment of cash across client accounts tracked in multiple custodial distribution plans.
Recently released RedBlack enhancements provide additional workflows that enable the Adviser Investments’ client team to take client requests for ad-hoc cash needs. They also allow the firm’s trading team to ensure cash coverage for scheduled distributions, ad-hoc disbursement requests and quarterly fees. Integrating...Read more...
July 31, 2020
Fort Pitt Capital Group Selects RedBlack to Meet Clients’ Advanced Rebalancing Requirements
As part of its commitment to implementing technology that will add value to the client experience, Pittsburgh, Pa.-based wealth management firm Fort Pitt Capital Group has chosen RedBlack’s rebalancing software. This software will allow Fort Pitt Capital to meet increasingly sophisticated requirements, such as householding, location preference sets, sleeve rebalancing, and customized views for users which include advisors, operations and trading staff.
Fort Pitt Capital will leverage RedBlack’s integration with the Orion Advisor Services platform, as well as utilize RedBlack’s par...Read more...
May 13, 2020
BakerAvenue Wealth Management Selects RedBlack for Portfolio Rebalancing, Order Management and Straight-Through Processing
Innovative technology will help better service clients while streamlining processes
Atlanta, GA May 13, 2020 — RedBlack Software LLC, a market leader for portfolio rebalancing and trading, today announced that BakerAvenue Wealth Management, a San Francisco-based registered investment advisor with approximately $1.5 billion in assets under management, has entered into a long-term agreement to provide reporting, integrated trading, and order management services. The solution will be fully integrated with Advent Black Diamond, BakerAvenue’s cloud-based CRM platform, among other third-p...Read more...
April 9, 2020
Obermeyer Wood Investment Counsel Positions for Long-Term Growth with RedBlack Advanced Rebalancing & Trading Solutions
Atlanta, GA, April 9, 2020 — RedBlack Software LLC, a market leader for portfolio rebalancing and trading, today announced that Obermeyer Wood Investment Counsel, LLLP (Obermeyer Wood), an Aspen and Denver-based registered investment advisor with approximately $1.4 billion in assets under management, have entered into a long-term agreement to provide integrated trading, rebalancing, and order management services. The solution will be fully integrated with Orion Portfolio Solutions and the firm’s multiple custodians.
“We are excited to partner with Obermeyer Wood and are confident in o...Read more...
December 11, 2019
Invesco Expands Digital Wealth Business with RedBlack
Firm grows global digital wealth technology and services to provide advisor-powered digital capabilities
Atlanta, December 11, 2019 – Invesco Ltd., a global independent investment management firm, announced today the expansion of its digital wealth business supporting advisors, end- investors, and financial institutions with industry-leading tools, resources and investment capabilities. RedBlack, a market-leader in portfolio rebalancing and trading technology, joins Invesco, bringing more than 150 clients and $350 billion of platform assets. The team comprises 60 members based in Bedford,...Read more...