The Financial Services Network (The Network), a leading LPL Financial Enterprise Office, announced today that they will be partnering with Orion Advisor Technology, LLC (“Orion”), a division of Orion Advisor Solutions and the premier provider of financial advisor technology and investment solutions, to support the organization’s Portfolio Consulting services arm.
The Portfolio Consulting team offers customized research, trading and overlay portfolio management through their Enterprise Office/Multi-custodial Hybrid RIA with partnerships that include LPL Financial, Schwab, Fidelity and TD Ameritrade. The Network found a kindred spirit in Orion’s mission to innovate their platform, disrupt the status quo and help financial professionals win by realizing their unique vision for success, while fulfilling their fiduciary responsibilities.
“We could not be more excited to align ourselves with Orion. With this partnership, we are rounding out our research and technology suite, including factorE, Morningstar Direct, Bloomberg and Wilshire Investments, and demonstrating our commitment to investing in top technology as we enhance our ability to support our advisors and help them take their businesses to the next level,” says Jeremy Olen, Managing Partner and Chief Investment Officer with The Network.
Orion gives advisors the technology and next-generation client experience to stand out in a competitive marketplace, winning clients with best in class solutions for reporting, billing and trading, along with an intuitive client portal and tools to leverage business intelligence and risk management strategies. The platform’s extensive integrations with industry leaders like eMoney, Redtail, AdvicePay and others let advisors tailor their tech stacks to drive the unique value of their businesses.
“The Network has its eyes on the future, and it understands how the right technology can transform an advisor’s practice and accelerate their growth,” says Kyle Hiatt, Orion’s Chief Revenue Officer. “we’re proud to support their Portfolio Consulting team with our platform and can’t wait to see the success they’ll enjoy with our solutions.”
“With the firm’s ability to provide an integrated platform, Orion has a unique capability to bring the right financial technology to support our back office operations and ultimately our advisor’s client facing activities” says Olen. “The ability to scale our operations, and in turn those of our advisors, will positively drive client outcomes, which is the goal towards which we consistently strive.”
The Financial Services Network (The Network) – http://www.fsnweb.com, is a national enterprise office (OSJ) and multi-custodial hybrid RIA with over $16B under advisement across the organization. Assets are custodied at their affiliated broker/dealer – LPL Financial, and/or their custodial partners, including LPL Financial, Schwab, Fidelity, and TD Ameritrade. Strategic Wealth Advisors Group (SWAG) is The Network’s wholly owned RIA with over $3.5B in assets under management. The Network supports advisors who are independent and affiliate traditionally with an independent broker/dealer (for both brokerage and advisory business through the corporate RIA) through their OSJ model. The Network’s hybrid RIA, SWAG, also supports advisors who manage a Fee Only/RIA Only business as well as those in need of a Hybrid RIA.
Portfolio Consulting is a service provided through The Network that provides customized portfolio solutions for advisors that are proprietary to each independent advisor’s practice. The service includes customized model creation, investment research and due diligence, monitoring, trading/rebalancing, tax harvesting, concentrated stock management, investment committee meetings, as well as trade logs, rationale and documentation modeled after an institutional investment process. Overseeing nearly $2B in assets, the firm is currently providing services to select group of advisors with assets custodied at LPL Financial, Schwab, Fidelity, and TD Ameritrade.
The consultants of The Financial Services Network are registered representatives with, and securities are offered through, LPL Financial, member FINRA/SIPC. Fee-based investment advisory services may be offered through Strategic Wealth Advisors Group (SWAG) or LPL Financial. Neither SWAG nor The Financial Services Network are affiliated with LPL Financial. Schwab, Fidelity and TD Ameritrade are separate entities from LPL Financial.
About Orion
About Orion Advisor Tech
Orion Advisor Technology, LLC, exists to help fiduciary minded advisors realize their unique vision for success. Our innovative technology includes client experience tools, tax-intelligent rebalancing, efficient billing, integrated planning, and automated compliance monitoring, all aimed at empowering advisors to improve their firm’s productivity, strengthen client relationships, and disrupt traditional ways of thinking. With more than $930+ billion in AUA and 3.3 million accounts on our platform, we have the experience and expertise necessary to help advisors grow and win more than their fair share. For more information, visit http://www.orion.com.
