Media Advisory: Ameritrade Advisor Services™ and Ameritrade Clearing Services™ join Advent TrustedNetwork®
Omaha, Neb., May 21, 2002 - Ameritrade Holding Corporation (Nasdaq: AMTD).
Ameritrade Advisor Services and Ameritrade Clearing Services have joined and are providing account information to the Advent TrustedNetwork. Advent TrustedNetwork is a data service that collects account data from a variety of participating financial institutions, enabling advisors to deliver consolidated, online account information to their clients, regardless of where those accounts are custodied.
"The interface of our services with Advent is in direct response to our clients' request for additional customization and choice," said Vince Passione, president of Ameritrade Institutional Client Division. "We are committed to supporting our client, the advisor, with features they need to better serve their clients."
The agreement with Advent underscores Ameritrade's commitment to serve Registered Investment Advisors (RIAs) and Independent Broker/Dealers (IBDs). Client data will be transmitted to Advent on a nightly basis so that RIAs/IBDs can utilize the information in Advent's comprehensive portfolio accounting and reporting system. Clients will be able to integrate their portfolio management and record keeping systems providing advisors the opportunity to offer more complete advice for such purposes as tax planning and historical performance comparisons.
About Ameritrade Advisor Services™
Ameritrade Advisor Services, Division of Ameritrade, Inc. provides financial planners and advisors with online brokerage systems and support services.
About Ameritrade Clearing Services™
Ameritrade Clearing Services, Division of Ameritrade, Inc. provides clearing, execution and related services for independent broker dealers and their clients.
About Ameritrade®
Ameritrade Holding Corporation (www.amtd.com) is a pioneer in the online brokerage industry with a 27-year history of providing clients a self-directed approach to investment services. The award-winning Company, through its Private Client and Institutional Client Divisions, provides tiered levels of brokerage products and services tailored to meet the varying investing, trading and execution needs of individual investors, financial institutions and corporations.
About Advent Software, Inc.®
Advent Software, Inc. (Nasdaq: ADVS) has been providing trusted solutions o the world's leading professional money managers since 1983. Firms in 45 countries use Advent technology to manage investments totaling more than US $8 trillion. Advent's quality software, data, services and tools enable managers to improve service and communication to their clients, allowing them to grow their business while controlling costs.
Ameritrade Advisor Services, Division of Ameritrade, Inc., member NASD/SIPC. Ameritrade and Ameritrade Advisor Services trademarks are owned by Ameritrade IP Company, Inc. Used with permission. © 2002 Ameritrade IP Company, Inc. All rights reserved.
Advent TrustedNetwork and Advent Software, Inc. are registered trademarks of Advent Technology, Inc.
Ameritrade Advisor Services and Ameritrade Clearing Services have joined and are providing account information to the Advent TrustedNetwork. Advent TrustedNetwork is a data service that collects account data from a variety of participating financial institutions, enabling advisors to deliver consolidated, online account information to their clients, regardless of where those accounts are custodied.
"The interface of our services with Advent is in direct response to our clients' request for additional customization and choice," said Vince Passione, president of Ameritrade Institutional Client Division. "We are committed to supporting our client, the advisor, with features they need to better serve their clients."
The agreement with Advent underscores Ameritrade's commitment to serve Registered Investment Advisors (RIAs) and Independent Broker/Dealers (IBDs). Client data will be transmitted to Advent on a nightly basis so that RIAs/IBDs can utilize the information in Advent's comprehensive portfolio accounting and reporting system. Clients will be able to integrate their portfolio management and record keeping systems providing advisors the opportunity to offer more complete advice for such purposes as tax planning and historical performance comparisons.
About Ameritrade Advisor Services™
Ameritrade Advisor Services, Division of Ameritrade, Inc. provides financial planners and advisors with online brokerage systems and support services.
About Ameritrade Clearing Services™
Ameritrade Clearing Services, Division of Ameritrade, Inc. provides clearing, execution and related services for independent broker dealers and their clients.
About Ameritrade®
Ameritrade Holding Corporation (www.amtd.com) is a pioneer in the online brokerage industry with a 27-year history of providing clients a self-directed approach to investment services. The award-winning Company, through its Private Client and Institutional Client Divisions, provides tiered levels of brokerage products and services tailored to meet the varying investing, trading and execution needs of individual investors, financial institutions and corporations.
About Advent Software, Inc.®
Advent Software, Inc. (Nasdaq: ADVS) has been providing trusted solutions o the world's leading professional money managers since 1983. Firms in 45 countries use Advent technology to manage investments totaling more than US $8 trillion. Advent's quality software, data, services and tools enable managers to improve service and communication to their clients, allowing them to grow their business while controlling costs.
Ameritrade Advisor Services, Division of Ameritrade, Inc., member NASD/SIPC. Ameritrade and Ameritrade Advisor Services trademarks are owned by Ameritrade IP Company, Inc. Used with permission. © 2002 Ameritrade IP Company, Inc. All rights reserved.
Advent TrustedNetwork and Advent Software, Inc. are registered trademarks of Advent Technology, Inc.