It’s a misstep that permeates every stage of the trading lifecycle, not only enabling problems but potentially creating them. How do you know if you are working with the right partner? Do they offer best-in-breed technology, accessible expertise and personalization at scale, all together in one robust ecosystem? Are they truly objective, with only one goal: your success? Are they attuned to what you need to build the practice you want? If you answered “no” to any of these questions, you are selling yourself, and your clients, short.

Tools of the trade financial advisors need to manage trade risk

What resources do advisors need to effectively manage a diverse book of business, analyze complex products, enforce controls and empower smarter, more efficient trading? Top-performing advisors require a single, flexible and integrated platform that allows them to research and build SMAs, UMAs, and models, and also execute rep-as-PM strategies seamlessly, all backed by personalized real-time support from a team of institutional traders. This is the type of platform that will power your practice to greater heights by putting resources like these to work for you:

A compliance-forward framework that:

• Automatically monitors risk tolerance across all clients in real-time to ensure adherence with RTQs and clients’ stated preferences
• Generates potential wash sales warnings and drift alerts to avoid regulatory violations
• Regularly reconciles trades with custodians to uncover discrepancies
• Has established protocols for system outages, market disruptions, or high-volume trading days to ensure it’s “business as usual” while your competitors are scrambling
• Conducts pre-trade compliance reviews and ongoing trade blotter monitoring to avoid regulatory breaches
• Delivers real-time research across markets and securities to inform decisions

Efficiency-building technologies to:

• Execute block trading across custodians, using one interface, to seamlessly conduct business
• Set account exclusions to accommodate personalized client preferences
• Provide automated portfolio oversight, including full transparency into account-level trades, to take a clear snapshot of your business in real time, all the time
• Manage tax lots with clear visibility into short- and long-term gains to estimate tax impacts prior to trading
• Automate repetitive tasks to minimize NIGOs
• Rebalance portfolios using model-based targets and tolerance bands to reduce errors and maximize opportunities

Experienced institutional-grade specialists standing by with:

• Expertise and knowledge of the trading ecosystem and all its elements to provide “another set of eyes and ears”
• Mastery of trading and custodial platforms for quick and accurate order execution
• Ongoing awareness of SEC and FINRA regulations, to avoid costly errors and ensure fiduciary alignment
• An ability to understand the downstream impact of trades on client portfolios to stay ahead of potential conflicts and issues
• The capacity to act quickly on market movements or advisor instructions to capture opportunities
• Agility to respond to advisors or portfolio managers to clarify instructions or resolve issues

Which partner will you entrust your business and your clients to?

Financial advisors and RIAs looking to provide optimal support to clients and build scale within their businesses must be on point when it comes to mitigating risk. When it comes to trading risk, there are many moving parts and myriad potential obstacles that can easily derail your value proposition, compromise your reputation and trigger steep financial consequences.

In an increasingly competitive landscape, the right partner is an advantage that will differentiate your practice and drive positive client experiences.

Amplify’s trading platform and team of traders work with many of the industry’s top advisors to deliver a one-stop shop for risk management, compliance and complex trade execution support. Let’s connect to discuss how we can serve you and your clients.