CUSO Financial Signs Wealth Management Deal With BNY Mellon Affiliate

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SAN DIEGO – CUSO Financial Services said yesterday it signed with Albridge Solutions, an affiliate of BNY Mellon’s Pershing subsidiary, to provide enhanced data management and wealth reporting solutions to advisors within the CFS network.

Albridge said its technology consolidates client account data from hundreds of disparate sources – proprietary, banking, brokerage, insurance, retirement, alternatives, trusts, and others – to provide advisors with an accurate and more complete view of their clients’ holdings. By integrating these solutions with its own proprietary account management platform dataVISION, the company said CFS will enhance efficiencies for its advisors.

Two versions of the service will be offered to advisors. Each version will include the Portfolio Snapshot report – a tool that represents a combination of the most frequently used reports generated for a specific time period selected by the advisor.

 

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