February 1, 2016
~ Innovative billing and reporting platform seeing strong momentum by automating critical and complicated back-office processes February 1, 2016. San Carlos, CA. Arcons Technology, an industry leading technology platform for financial advisors, announced today that the company now serves 100 independent advisory firms, representing over $110 billion in assets. The company attributes the ability of their flagship product, BillPort […]
February 18, 2015
SAN CARLOS, Calif., Feb. 18, 2015 /PRNewswire-iReach/ — Arcons Technology, Inc. recently completed a customized billing solution of its billPort software for another investment advisory firm with over a billion in assets under management. Arcons’ billPort client billing software integrates with Advent Axys®, Advent APX®, Schwab PortfolioCenter®, Fidelity, TD Ameritrade®, Southwest Securities and other custodial platforms to save time and reduce errors. billPort automates the process […]
February 13, 2015
THE VILLAGES, Fla., Feb. 13, 2015 /PRNewswire-iReach/ — Royal Fund Management, LLC (RFM)discovered Arcons Technology, Inc. in fall of 2013 while searching for client billing and adviser revenue sharing software. RFM used a set of complex spreadsheets to compute the bills and split revenues between their many and growing number of investment advisors while managing over 2,000 accounts. They reviewed other systems but […]
February 11, 2015
SCOTTSDALE, Ariz., Feb. 11, 2015 /PRNewswire-iReach/ — First Financial Equity Corporation (FFEC) engaged with Arcons Technology, Inc. in early 2013 to automate their entirely manual billing process for their over 3,500 accounts. The system was implemented in Q1, 2013 and in retrospect, it is easy for FFEC to quantify the savings and efficiencies gained by using billPort for their client billing. Arcons created a […]
January 15, 2015
As the CFO of an investment management firm, have you ever wondered “if we change some of our fee schedules, how would that impact our revenue next year?” An easy question to ask, not so easy to answer. Now, factor in a variety of market returns, expected cash flows, starting valuations and all the nuances of your current fee schedules. […]
August 15, 2014
It is critical today that investment firms have the tools to manage complex schedules for billing clients. Historically, fee schedules for clients were simpler, based on percent of assets, flat rates, performance, etc. As time went on clients put more demand on firms to provide flexible billing: the ability to exclude assets, charge different rates for different asset groups, apply […]