Dallas-based Southwest Securities Inc. has chosen SunGard’s WealthStation, a Web-based workstation designed for financial advisers managing various assets of high-net-worth investors.
“We needed a comprehensive service that could easily integrate into our diverse business model, and we chose WealthStation because it provides a turnkey solution that helps our advisors and brokers to monitor and manage entire client portfolios,” said Holly Peritz, senior vice president and director of Southwest Securities’ Investment Management Group. “WealthStation will help us to migrate from a previously fragmented approach to a single, seamless platform across business lines, with the flexibility to add modules to accommodate business expansion and changing needs.”
Southwest Securities has provided WealthStation to its Private Client Group of approximately 100 financial advisors and to SWS Group’s independent brokerage firm, SWS Financial Services, of about 400 registered representatives. Over the next several months, Southwest Securities will also roll out the service to its 200 correspondent brokerage firms.