DST Enhances Vision® To Increase Advisors' Productivity
Unique Functionality Improves Advisor Control and Flexibility
January 9, 2001
KANSAS CITY, MO. (January 9, 2001) - Vision®, the leading Web portal for financial advisors where they can access such fund giants as Alliance Capital, American Funds, AIM, MFS Investment Management, and OppenheimerFunds, Inc., is scheduled to launch Advisor Defined PortfoliosSM. This new feature is a sophisticated online tool that will enhance the way advisors maintain accounts and manage their customer relationships.
Advisor Defined Portfolios enables financial advisors to group client accounts into portfolios across fund and variable annuity companies. The portfolios then optionally serve as building blocks to form client households, which link related portfolios. Portfolios and households may be named and stored preserving the customized relationships indefinitely. The advisors may edit the relationships real-time, providing the most accurate and timely reporting available on the Internet.
Kyle Mallot, DST Client Services Officer, explained, "Advisor Defined Portfolios enables the advisor to very easily print asset allocation and multi-management company client reports and summary statements. The portfolios and households can even be run against the Overlap® analytic tool within Vision to determine proper diversification of their client's holdings. The feedback from advisors using Advisor Defined Portfolios has exceeded our expectations."
Thomas Mann, registered representative, said, "Advisor Defined Portfolios immeasurably saves me time in constructing investment analysis for my clients and their families. Because Advisor Defined Portfolios allows you to instantly retrieve accounts, it will be very appealing to those that utilize it."
According to Marilee Gillespie, office assistant with an independent brokerage, "After 3-years of searching for a comprehensive, easy-to-use, consolidated statement program, we have found one in Vision's Advisor Defined Portfolios. I would recommend this to anyone who does not already have a program for consolidated statements and encourage those that use other programs to take a look at DST's Vision and in particular Advisor Defined Portfolios."
At no cost to the financial advisor and with over 151,000 registered advisors, Vision (www.dstvision.com) continues to be the portal of choice for financial advisors and nearly 1,000 broker/dealer back offices. With 261 fund companies and nearly 70% of dealer-distributed funds, Vision continues to be the most popular portal for the mutual fund industry.
DST Systems, Inc. (NYSE: DST) provides sophisticated information processing and computer software services and products that help clients improve productivity, increase efficiencies, and provide higher levels of customer service. DST is organized domestically and internationally into three operating segments: Financial Services, Customer Management, and Output Solutions. DST operates one of the most advanced data centers in the world, which provides information-processing services to support the products within each operating segment. These products are further enhanced through the integration of DST's advanced technology and e-commerce solutions.
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