SERVICES
Reporting
RNR consolidates client account data from Thousands of sources- proprietary, banking, brokerage, insurance, 401k, 403b, IRA, managed accounts, alternatives, trusts. By providing a comprehensive view of client assets, financial advisors can deliver an unparalleled level of service to their clients, while having a proven tool to help them gather more assets and clients.
Reconciliation
The ability to ensure data integrity with proven reconciliation processes and data quality metrics is essential for accurate portfolio performance reporting. Whenever possible RNR uses direct data feeds to collect client information from thousands of data sources. We reconcile your positions to that of the data feed on a daily, weekly or monthly basis. By using direct data feeds, RNR eliminates the time consuming and error-prone process of manual data entry. As a last resort RNR will use manually data entry but use proven controls and checks to ensure that your data is correct.
Portal Services
We have a modern Portal and Document center that works with your current system seamlessly. RNR does all of the administration and we can have you up and running in under 2 weeks. With our Portal you can upload daily account values and performance and share this with firm employees and or clients. The portal also includes a document center with unlimited space to house your clients Quarterly reports, Wills, Tax information or anything else you need to store and share with your client. It also includes Firm wide shared documents so you can send out monthly newsletters and such with ease. The system can automatically notify your clients when any documents are added so no need to send separate e-mails. Let’s not kid around, we all know Advent is not pretty but it is still the most stable and accurate system available. With our portal you can bring your current Advent system into modern times. Best of both worlds? We think so.
Advent Consulting
Fee Billing
RNR Fee Billing provides advisors with fee calculation and billing reports that accurately and efficiently streamline the fee billing process — regardless of where your assets are custodied. Our fee billing functionality allows Advisors to create and manage fee structures and complex billing with flexibility and ease. A few of the benefits of RNR Fee Billing include the ability to tailor billing models to the individual client, whether advisors are applying reoccurring or one-time discounts or excluding individual securities from billing, producing fee statements and invoices, or need to bill an external aggregated account and keep a permanent archive of fee models, amounts, and bills.
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Perform fee billing for held-away assets at any custodian or clearing firm
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Create and manage fee structures and complex fee billing models with flexibility and ease
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Customize billing models to the individual client
You may already have your Portfolio Accounting and Reporting system in place and just want help optimizing your system, customizing reports or helping with your untrained staff. In some cases you may just need to have a backup system in place just in case the unthinkable happens to your Operation staff. Or your business has grown and you just need some help to supplement your current staff on a few projects.