NorthStar Blog

15
Feb

February 2019 Software Update Highlights

See how you can easily monitor employee trade activity and help clients value their businesses with the new Orion February 2019 Software Update.

The post February 2019 Software Update Highlights appeared first on Orion Advisor Services.

14
Feb

Innovate on the Fundamental’s at Ascent 2019 On the Road

This year, we’re innovating our game plan, joining forces with our amazing integration partners and bringing Ascent 2019, our renowned user conference to a city near you! Check out everything you can expect from this year's events all geared towards helping advisors — both existing platform users and those looking to leverage new technology — learn how to “Innovate on the Fundamentals.”

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14
Feb

5 Tools to Help Your Clients Feel the Love this Valentine’s Day

It's Valentine's Day and we're playing Cupid. Let Orion help you show your client's how much you appreciate them this Valentine's Day with our list of tools to help your clients feel the love.

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13
Feb

Software Update Spotlight: Simplifying Employee Trade Monitoring with Inform

Stock selection continues to have massive implications for investors’ financial health. But what if you could offer a tax-managed stock strategy to your clients without having to worry about stock selection? With ASTRO, Orion's portfolio optimization and risk modeling tool advisors now have an opportunity to do just that.

The post Software Update Spotlight: Simplifying Employee Trade Monitoring with Inform appeared first on Orion Advisor Services.

11
Feb

Replacing the Difficulty of Stock Picking: An Ode to Direct Indexing

Stock selection continues to have massive implications for investors’ financial health. But what if you could offer a tax-managed stock strategy to your clients without having to worry about stock selection? With ASTRO, Orion's portfolio optimization and risk modeling tool advisors now have an opportunity to do just that.

The post Replacing the Difficulty of Stock Picking: An Ode to Direct Indexing appeared first on Orion Advisor Services.

07
Feb

Why It’s Important for Financial Advisors to Listen to Their Own Advice

Would you go to a physician who didn’t have the confidence to diagnose themselves with the common cold? Would you eat at a restaurant (even if it had a few Michelin stars) if the chef refused to eat his or her own cooking? If you said “no” to either one of those questions, then maybe it’s time to ask yourself a third question—and this one’s a little more personal: Should you  expect clients  to listen to your advice if you don’t follow the same guidelines and practices that you  recommend for them? We talked to three advisors to understand their view on why it is important for financial advisors to follow the same advice that they give to clients. Here’s what they told us… Invest with Your Clients A common theme was that advisors should invest alongside their clients—in the same assets, same portfolios, and same strategies. “We are big believers in taking our own advice at Warren Street Wealth,” said Founding Partner and CIO, Blake Street. “We invest directly alongside our clients, which helps us stay in-tune with the sentiment they experience since our DNA is not much different than theirs.” While Street’s firm is in California, another advisor...

The post Why It’s Important for Financial Advisors to Listen to Their Own Advice appeared first on Orion Advisor Services.

05
Feb

Get Paid Faster with Help from the Orion Cash Funding Tool

There’s nothing better than opening your bank account app and seeing that funds have been deposited. But what if you got a message that said, “Funds will be available once trades settle, check back soon.” For many advisors, advisory fees make up a significant portion of their income. If the billing process is disrupted, it can really affect their day-to-day operations. With the Orion Cash Funding Tool, you can run a report to make sure there is enough cash available in your clients’ accounts before you bill. This will save you the headache of trading to free up cash and help you get paid quicker! What? Before billing your clients, you can run a report to make sure there is enough cash available to collect fees. This can be run on a forecast or a live bill. Running this report will help reduce rejections from the custodian and ultimately get you paid quicker. How? To use the Cash Funding tool, go to the Bill Generator or Billing Audit app > Cash Funding tab > Click on the blue calendar icon in the upper right-hand corner > Start Date is the date the Bill Instance was generated End Date is the...

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05
Feb

Top 5 Blogs of 2018

Content Provided by Kostya Etus, CFA, Senior Portfolio Manager Below are the top five most read blogs at CLS in 2018 along with a link to each and a brief summary. Looking over them provides an idea of the big themes and ideas that highlighted the year. #5 Three Reasons Not to Get the Jitters...
04
Feb

Serving Others, Its Own Reward

Content provided by Robyn Murray, Freelance Writer When Ben Stout was 22 years old, he walked into a free class on retirement planning. He was by far the youngest person in the room. He was late, so he had to walk uncomfortably past the class’s questioning looks to get to an open desk. But he...
31
Jan

Creating Win-Wins With Your Reporting

For today’s advisory firms, the client experience is everything, and it’s not limited to in-person interactions, either. And while the client experience you create does build its foundation on face-to-face meetings, phone calls, and personalized notes, it also extends into the digital realm. If your digital client experience doesn’t support the client experience you create offline, it can create an unwelcome perception of your firm by not keeping up with the times. It’s easy to think of your client experience in terms of a client portal and annual review meetings, but the reports you provide to clients can have just as much of an impact on making them feel understood and create opportunities for meaningful conversation. In this post, we’ll look at how the reports you use can impact the relationships you build with clients. Four Ways Your Reports Affect Client Relationships The types of reports you use can positively affect the experience you provide your clients, and that’s especially true when you put effort into creating reports that are customized and personalized for each of your clients. Here are four ways that performance reports can create better client relationships. 1. The Right Reports Can Create More Engaged Clients Putting...

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