First Allied Announces Suite Of Enhancements For Fast-Growing $2 Billion Guided Portfolio Solutions Advisory Platform

SAN DIEGO, Dec. 5, 2013 /PRNewswire/ -- First Allied Securities, Inc. (First Allied), a leading independent broker/dealer supporting fee- and commission-based independent financial advisors across the nation, today announced a suite of significant enhancements for its affiliate, First Allied Advisory Services' premier advisory platform, Guided Portfolio Solutions (GPS). The enhancements include new portfolio management options and integration tools, as well as a new user interface and tablet app, all of which are features designed to further improve accessibility, flexibility and efficiency for advisors using the high-growth platform. The GPS advisory platform offering has experienced rapid adoption among First Allied's advisors with assets under management on the platform surpassing $2 billion since the completion of its rollout in June 2012.

The GPS platform encompasses three asset management programs that enable First Allied advisors to implement a wide range of targeted strategies and solutions to effectively address clients' needs, all on a single integrated technology platform. Asset management programs available through GPS include: advisor-directed discretionary investment models; mutual fund- and ETF-based managed portfolios; and SMAs of individual equity and bond-based models.

The enhancements to the GPS platform include:

• Portfolio ONE, an innovative portfolio management solution that enables financial advisors to combine any number of models from across the three GPS advisory programs into a single account. Using Portfolio ONE, advisors can manage client holdings seamlessly across the entire platform, enabling them to complete trading and rebalancing operations that may previously have taken hours in a matter of minutes. Portfolio ONE also provides uniform reporting for all managers and models on the GPS platform, increasing practice management efficiency and flexibility for advisors while providing enhanced visibility for clients.
• Improved User Interface and Tablet App, which are based on state-of-the-art technology and streamline and expand accessibility for both advisors and their clients across multiple browsers and tablets, including iOS and Android devices. First Allied's new tablet app offers advisors and clients the same interface and functionality as the desktop version.
• Integrated Account Opening Process, which simplifies advisors' new account workflow through a straightforward, easy-to-use process for setting up accounts and paperwork across all GPS programs with a few clicks. The integrated account opening process enables advisors to enter data once to update GPS and other First Allied client accounts simultaneously, helping them generate critical client forms at one time, from one application, with account numbers and other information pre-populated.

In addition to the suite of enhancements above, First Allied announced plans to expand its comprehensive service offering for users of the platform through the GPS Group, the company's dedicated team of internal support specialists. The GPS Group is comprised of highly-trained experts who assist First Allied advisors with complex questions regarding portfolio construction and management and educate them on the system's technical features in order to enable advisors to optimize their use of the platform in their practices and client service efforts.

Yanni Bousnakis, CFA, Managing Director of Investment Management at First Allied, said, "With the significant enhancements we have announced today, First Allied has once again demonstrated its commitment to our financial advisors' continued growth and success. Our Guided Portfolio Solutions platform is one of the most sophisticated yet easy-to-use advisory platforms in the industry, offering access to over 70 different portfolio strategists for mutual fund and ETF-based strategies and over 250 managers for individual equity and bond-based investment models. By providing new tools to help our advisors leverage the power of the GPS platform, we are simplifying their practice management operations while, at the same time, enhancing their investment management capabilities to more effectively address clients' objectives."

About First Allied Securities
Based in San Diego, First Allied Securities is an independent broker/dealer that serves as the firm of choice for independent financial advisors from across the nation seeking to grow their businesses. First Allied's exclusive business development platform has been expertly constructed to provide entrepreneurial advisors with the industry's most comprehensive platform for growth. Dedicated to providing independent financial advisors with a competitive edge, First Allied empowers advisors to successfully compete and win the battle for high-net-worth and ultra-affluent clients. As of September 30, 2013, First Allied had approximately $30 billion in brokerage and advisory assets and 868 affiliated financial advisors. For more information, please visit www.firstallied.com.

First Allied Securities is part of First Allied Holdings. RCAP Holdings, LLC purchased First Allied Holdings in September 2013. First Allied Holdings' subsidiaries also include The Legend Group, a specialized provider of investment and retirement solutions to the not-for-profit space, including 403(b) accounts.

SOURCE First Allied Securities, Inc.

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