PG Capital Management, investment advisory firm, has utilised Advent’s portfolio management application through Advent Back Office Service (ABOS). According to PG’s impressions, software hosting and data management from Advent Software justified confidence.
Based in Washington, DC, PG Capital Management focuses on value equity investment strategies. ABOS offers independent advisors online access to the functionality of Advent’s portfolio management package, along with an outsourcing alternative for back-office applications. It provides daily reconciliation and data management, while enabling advisors to keep accurate track of client portfolios and generate professional-quality reports.
“With ABOS, everything is done for me daily – and to the penny,” says Paul Gambal, founder of PG Capital Management. “By reducing the need for technology and system maintenance, ABOS further helps the independent advisor deliver quality service on a tight budget.”
“We are very pleased that ABOS has provided PG Capital with a cost-effective solution that helps them achieve increased operational efficiency,” says Mike Lobosco, director of STP Product Management, Advent Software.
“We want to ensure that clients are leveraging the latest Advent solutions to the fullest extent, and believe ABOS is the right solution for advisors who want greater independence and flexibility in how they run their business.”
L.D.