Orion Welcomes Advance Capital

OMAHA, Neb., July 14, 2011 /PRNewswire/ -- Orion Advisor Services, LLC, a comprehensive portfolio accounting service bureau, is pleased to welcome new client Advance Capital Management, Inc., a Broker-Dealer and Registered Investment Advisor with almost $2 billion in assets under management including its own proprietary funds. Advance Capital Management joins a rapidly expanding roster of premier investment firms to utilize Orion's innovative back-office solutions.

(Logo: http://photos.prnewswire.com/prnh/20101115/NY01419LOGO )

"Orion is an ideal partner for our operations team," said Joseph Theisen, Vice President of Advance Capital Management. "We are particularly pleased with their reporting capabilities because we're getting the reports we need. The associated time savings will allow our staff to tend to more pressing client relationship matters."

"Our advisors are looking for ways to streamline administrative operations, and want to do so without the need to conform to off-the-shelf services and pre-packaged solutions," said Eric Clarke, President of Orion Advisor Services. "We provide the operational efficiencies advisors need along with customization options for all our services. Advance Capital Management has specific requirements when it comes to their reporting needs; we've proven we can handle those requests and are eager to provide the full support they need now and in the future."

Advance Capital Management will also utilize Orion's reconciliation services, which include daily updates, price verification with nearly 50 industry resources and indices, and compliance and audit report generation.

To request more information or to speak with Orion or Advance Capital Management, please contact Dana Taormina at 973-850-7305 or [email protected].

About Orion Advisor Services, LLC

Orion Advisor Services, LLC, is the premier portfolio accounting service provider founded by and for investment advisors. Orion's mission is to liberate advisors from their back offices so they can enjoy the client relationship side of their business once again. Process-driven solutions bring efficiencies to operational areas including new account set up, trading, reconciliation, fee billing, and client communications. Orion services feature the integration, scale and customization advisors need to support business growth.

Founded over a decade ago, Orion was formed to address the technology needs of its sister company, a fee-only independent RIA whose growth was constrained by its existing portfolio management platform. Unable to find the right solution, Orion built its own. Today, the firm empowers nearly 250 advisors and administrates over $60 billion in assets for more than 400,000 accounts. For more information about Orion Advisor Services, LLC, please visit www.orionadvisor.com.

About Advance Capital Management, Inc.

Founded in 1986, Advance Capital Management provides comprehensive financial and retirement planning services in addition to professional investment management and brokerage services to individuals, investment companies, foundations, pension and profit sharing plans, trusts, estates, charitable organizations and corporations.

Advance Capital helps individuals make smart financial choices. Protecting and growing client assets requires substantial expertise in the areas of employee benefits, taxes and investments. Advance Capital builds detailed financial plans, makes sound investment recommendations, monitors investment performance, and advises and manages portfolio changes over time.

Contact:  
Dana Taormina
JCPR
973-850-7305
[email protected]

SOURCE Orion Advisor Services, LLC