intelliflo announced that Alpha Capital Family Office has completed a successful implementation of intelliflo redblack to support the RIA’s ongoing growth and momentum.
While implementations are typically a time consuming process, Alpha Capital and intelliflo redblack have “completed the project with speed, efficiency and confidence.”
Alpha Capital is an outsourced family office that focuses “on a holistic approach to assisting multigenerational business owners and high-net-worth families.”
The firm has experienced growth and was looking for a rebalancing and trading partner to “support this ongoing scale with efficiency and more robust functionality.”
With intelliflo redblack, the firm has gained a platform that helps them streamline and optimize daily trading and “rebalancing processes while maintaining high standards of compliance.”
Tom Riley, CFA, Senior Portfolio Manager at Alpha Capital said:
“The implementation of intelliflo redblack has been an extremely smooth process; the team has proven to be a strong, knowledgeable partner who has been there for us every step of the way. Plus, the platform is extremely easy to navigate, making training fast and seamless. We are confident that this platform will allow us to execute our day-to-day customized trading and rebalancing activity more quickly and efficiently, ultimately providing strong support as we continue to grow.”
intelliflo redblack has experienced significant momentum and “added over 113 sophisticated new features over the last year.”
For instance, intelliflo redblack launched a wash sale detection capability that allows for the linking of accounts, including “separately managed accounts (SMAs) across family members to identify potential wash sales before they occur.”
This enables financial advisors to ensure compliance with IRS wash sale rules while “maintaining healthy tax management strategies and optimizing cash management benefits for their clients.”
Jennifer Valdez, President, Americas for intelliflo said:
“By providing advisors with the advanced technology tools they need to improve operational efficiencies and save time, we are ultimately enabling them to serve more clients and widen access to financial advice. Alpha Capital is a leading RIA that serves the comprehensive range of client financial needs, and we are proud to collaborate with and support them as they continue to positively impact their clients.”
As noted in the update, intelliflo widens access to financial advice “through technology powering the financial advisory experience.”
They use open software architectures combined with industry experience to simplify a “complex digital landscape to help advisors compete and grow.”
Their solutions support financial advisors worldwide, “representing over three million end-investors, with over $1 trillion serviced across our platforms.”