fi360 said this acquisition reinforces its core goal of supporting fiduciaries in successfully managing their roles and responsibilities using sophisticated tools that promote organizational effectiveness and efficiency.
The IPS AdvisorPro technology allows users to develop templates for eight client types, including individuals, trusts, Employee Retirement Income Security Act (ERISA) plans, foundations and endowments, charitable trusts and irrevocable life insurance trusts. The templates are fully customizable and can manage updates globally across all client IPS’s. It also has compliance control features so organizations can specify which language can or cannot be edited on a user-by-user basis.
“We feel strongly that the implementation and maintenance of a high-quality IPS is critical for effective management of the investment process. The IPS AdvisorPro technology is the most effective solution available for developing custom IPS templates and managing them across clients,” said fi360 CEO Blaine Aikin.
As part of the agreement, IPS AdvisorPro founders Norm Boone and Linda Lubitz Boone will act as consultants to fi360 on an ongoing basis while continuing to lead their respective independent advisory firms.
For more information about fi360, visit www.fi360.com or Twitter: @fi360.