We’re thrilled to announce that we’ve partnered up with Trust Company of America, an innovative custodian for RIA’s, to deliver even more seamless technology to risk-aware advisors. Read TCA’s full release below:
Trust Company of America Announces Integration With Riskalyze, Offering More Efficient Risk Management Using the Industry’s Premier Risk Assessment Tool
DENVER, CO–(Marketwired - April 08, 2016) - Trust Company of America (TCA), the largest independent provider of integrated technology, custody and practice management support for Registered Investment Advisors (RIAs), today announced its integration with Riskalyze, a top provider of risk assessment technology and inventor of the Risk Number®.
The integration of Riskalyze with TCA’s powerful technology platform provides greater efficiencies for advisors including:
- More efficient risk analysis and management of client accounts. As advisors make adjustments or updates to client accounts on the TCA platform, these changes can be automatically fed into the advisor’s Riskalyze data, which processes the investments and allocations within seconds. And from the Riskalyze user interface, advisors can search for their TCA clients and seamlessly add their holdings to a Riskalyze client profile.
- More efficient risk analysis and management of investment models. Similarly, advisors’ investment models managed on the TCA platform can be automatically fed into the Riskalyze system, so they can quickly select the right models for clients according to each client’s unique risk levels. This integration saves advisors precious time by avoiding duplicate maintenance of models in the two systems.
“Our integration with Riskalyze enables advisors to be more efficient as they assess the risk levels of client portfolios, as well as their own investment models as they construct suitable investment strategies,” said Joshua Pace, President and CEO of Trust Company of America. “It also allows advisors to demonstrate to prospects how the right portfolio, quantified for the right amount of risk, can be effective in pursuing their long-term financial goals.”
Riskalyze enables advisors to demonstrate alignment between portfolio construction and the client’s comfort level with risk – confirming that the advisor is always acting in the client’s best interest. RIAs can also equip their representatives with this risk management tool to help them identify any mismatched risk alignment or high risk positions that should be addressed within client portfolios.
“We’re thrilled to be partnering with an innovative custodian like Trust Company of America that shares a deep commitment to equipping advisors with the best technology to drive their client service,” said Aaron Klein, CEO at Riskalyze. “The combination of TCA’s platform and Riskalyze’s risk alignment technology are a powerful combination to enhance scalability and reduce complexity in an advisor’s business.”
For more details on Trust Company of America and the Riskalyze integration, please call 1-800-955-7808 or email [email protected]
About Trust Company of America
Since 1972, Trust Company of America (TCA) has been a champion of Registered Investment Advisors, dedicated to helping them realize their full potential. TCA is the only independent RIA custodian offering fully integrated real-time technology, consultative services and back office support built exclusively for RIAs. TCA partners with advisors to provide them the technology and support they need to manage their practices and clients’ financial futures. Learn more at www.trustamerica.com.
Riskalyze is the company that invented the Risk Number®, which powers the world’s first Risk Alignment Platform, empowers advisors to execute the digital advice business model with Autopilot, and enables compliance teams to spot issues, develop real-time visibility and navigate changing fiduciary rules with Compliance Cloud. Advisors, broker-dealers, RIAs, asset managers, custodians and clearing firms today manage $139 billion on Riskalyze’s platform in pursuit of its mission to align the world’s investments with each investor’s Risk Number. To learn more, visit www.riskalyze.com.