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Open TD Ameritrade Institutional Accounts on Orion in Minutes with New Integration

December 17, 2018

OMAHA, Neb.--(BUSINESS WIRE)--Dec 17, 2018--Orion Advisor Services, LLC (“Orion”), the premier portfolio management solution provider for registered investment advisors, today announces a significant upgrade to its account-opening experience for Orion users who custody with TD Ameritrade Institutional, a leading provider of comprehensive brokerage and custody services, eliminating hours or days of manual data entry.

Integrating with the API of the TD Ameritrade Institutional Veo Account Opening Wizard, advisors on the Orion platform can swiftly populate new account forms for TD Ameritrade. This potent tool captures new account form data for use in the Orion platform, creating a faster account opening process and vastly reducing the likelihood of NIGO errors from repetitive, manual re-entry.

Using the Veo Account Opening Wizard, an advisor can obtain a new TD Ameritrade Institutional account number and complete the setup process without sorting through reams of paperwork. The wizard’s file fee drop-off feature allows advisors to process fee information more quickly, propagating it to more advisors. In addition, the integration provides enhanced service alerts to Orion users, giving them advance notice from TD Ameritrade Institutional about client opening activities.

“Advisors on the Orion platform will reap the rewards of Orion’s commitment to open API architecture,” said Bob Mahoney, director, technology solutions at TD Ameritrade Institutional. “The Veo Account Opening Wizard creates a wholly digital and frictionless onboarding experience, and we’re excited to bring this innovation to Orion users.”

Orion’s integration with TD Ameritrade Institutional is the latest digital account open enhancement for Orion clients, showing Orion’s continued commitment to finding new ways to reduce inefficiencies for users.

“Creating a new account can feel like a throwback to the 20th century. Without the benefit of digital innovation, it can be an arduous, time-consuming undertaking for advisors,” said Eric Clarke, founder and CEO of Orion. “Our relationship with TD Ameritrade Institutional has allowed us to bring an incredible time-saver to our platform, freeing our users to make better use of their time than redundant data entry.”

About Orion

Orion Advisor Services, LLC is the premier portfolio accounting service provider for advisors. Our firm has unique insights into the advisory profession because it was founded for investment advisors by an investment advisor in 1999. Orion frees advisors from back-office tedium so they can enjoy their business again by devoting their time and energy to better serving clients. Orion provides the integrated and fully customizable technology solutions that advisors need to help grow their businesses over the long term. The firm’s technology solutions empower more than $700 billion in AUA and over 2 million accounts. For more, please visit www.orionadvisor.com or follow our news and insights via our blog.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005081/en/

CONTACT: KELLY WALTRICH

Chief Marketing Officer

Orion Advisor Services, LLC

610.304.6538 |orionadvisor.com

JIMMY MOOCK

Gregory FCA for Orion Advisor Services, LLC

orion@gregoryfca.com

610-228-2125

KEYWORD: UNITED STATES NORTH AMERICA NEBRASKA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE SMALL BUSINESS PROFESSIONAL SERVICES ACCOUNTING BANKING FINANCE

SOURCE: Orion Advisor Services, LLC

Copyright Business Wire 2018.

PUB: 12/17/2018 08:30 AM/DISC: 12/17/2018 08:31 AM

http://www.businesswire.com/news/home/20181217005081/en

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