BNY Mellon’s Albridge recently announced that it will provide the newly independent advisory firm InR Advisory Services LLC (lnR) with its integrated data aggregation and performance reporting solution: Albridge Wealth Reporting.
Based in Media, PA, InR is a pension consultant and provider of investment advisory services for public- and private-sector clients and non-profit organizations. It provides customized plans for 457, 401(k) and 403(b) plans and personal investors. InR’s decision to stay on the Albridge Wealth Reporting platform, as it moves to independence, will allow the firm to have uninterrupted access to historical client data and enable it to deliver the seamless, high-quality experience investors have come to expect from the InR team.
“As we make the transition to independence, it’s crucial that our technology delivers a seamless experience for our clients and helps power our growth,” said Michael B. Glackin CFP®, AIF®, President of lnR Advisory Services. “Through our 12-year relationship with Albridge as part of a broker/dealer, we knew it could provide cutting-edge technology that matched our needs. Our continued partnership with Albridge will allow us to devote more valuable time to other business areas and, most importantly, to our clients.”
Commenting on the news, Jennifer Feinerman, Director of Relationship Management at Albridge, said, “Regardless of the business model our clients may choose to operate under, our solutions are well positioned to support their overall success. As firms continue to evaluate their business models in a shifting landscape, one of their most important considerations is whether they will have continued access to historical client data. We work tirelessly to support our clients’ evolving needs, so they can focus on the strategic business decisions that will help them take their businesses to the next level.”
About BNY Mellon’s Albridge
BNY Mellon’s Albridge Solutions Inc. is a leading provider of enterprise data management solutions that deliver a single view of an investor’s broad range of assets. Their proprietary technology consolidates and reconciles client account and transaction data from hundreds of data sources representing banking, brokerage, insurance, retirement, managed accounts and more. Albridge processes this cleansed data and uses it to power a variety of downstream technology solutions, including performance reporting, sales practice monitoring, data warehousing, business intelligence, imaging and workflow. Albridge provides the foundation for financial organizations to leverage a single source of information to power a number of mission critical technology applications. Albridge Solutions Inc. is an affiliate of Pershing LLC. Additional information is available at albridge.com.