5 Tools Every Successful RIA Needs

You’re credentialed and have great clients, but in this ever-evolving financial landscape what tools do RIAs need in your toolbox? Consult this list to learn more about your best bets for success. 

  1. Technology that automates your work and saves time
    To manage your investment processes, you need flexible, agile technology. That’s why Blaze Portfolio offers scalable multi-strategy modeling with model rebalancing — so advisors can manage a single strategy or combine multiple strategies to create unlimited models. With drift monitoring, you can quickly identify accounts that are outside of their target allocations. Custom rebalancing rules can help handle legacy assets, or create customized rules to manage one-off scenarios.
  2. A flexible and scalable platform on a secure private cloud
    Now more than ever, the ability to work efficiently from anywhere is critical. To be effective, RIAs must have cloud-based tools, records and support. Blaze Portfolio’s Private Cloud ensures that our dedicated hardware is not shared across other companies. Cloud security is priority, with bank-level encryption site access, multi-factor authentication, white hat penetration testing and more.
  3. A disaster recovery solution that covers all of the bases
    As designers of user-friendly technical trade management solutions for investment professionals, we invested heavily in infrastructure and designed our private cloud to eliminate downtime for every failover scenario. For catastrophic disasters, our geo-redundant data center 1,000 miles away is SSAE 18 Type II audited, compliant with ISO 27001 international standards, staffed 24 hours a day, 365 days a year with operations personnel, and has redundant power, cooling, network, fiber transit and routing.
  4. A tax management and loss recovery plan
    Allow Blaze Portfolio to manage tax awareness, tax loss harvesting, and tax location optimization with automated systems that identify ways to minimize your clients’ tax burden. Real time gain and loss calculations let you review long-term and short-term gains or losses on every trade and sort and filter the results. Simply search for tax loss harvesting opportunities and then generate the trades necessary to realize the losses or gains.
  5. Robust risk management
    Last but certainly not least, risk management tools are essential components of every RIA’s kit. Blaze Portfolio mitigates risk with automated data validation, pre-trade compliance, wash sale monitoring, regulatory data capture and auditing, trade reconciliation and stale data validation — and since the system keeps track of everything you do, you never need to worry about regulatory compliance. 


To learn more about BlazePortfolio’s custom tools for investment managers, RIA’s, wealth managers, broker dealers, family offices, and industry partners
, schedule a demo today.

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