ALBRIDGE DATA AGGREGATION SUBSCRIBERS OUTPERFORM NON- SUBSCRIBERS BY 100% IN GROWTH OF CLIENTS AND ASSETS UNDER MANAGEMENT

September 23, 2005--Lawrenceville, NJ–Albridge Solutions, (www.albridge.com), the industry leader in enterprise data management (EDM) and performance reporting, announced today it has completed research showing that advisors who subscribe to its data aggregation solution have achieved considerably better business results than non-subscribers. The advisors’ increased performance in assets and clients provides a competitive edge and enables the expansion of their practices. Subscribers grew their assets under management by 34.6% vs. 18.5% for non-subscribers, or almost twice the growth rate.

Investors’ held-away assets comprise up to 58% of their portfolios on average. Albridge Data Aggregation™ powered by CashEdge, delivers information on clients’ held-away assets to subscribers of the Albridge Wealth Reporting solution. The aggregation tool consolidates comprehensive financial data from over 9,000 sources. It extends the capabilities of Albridge Wealth Reporting™, the portfolio accounting and performance reporting tool already adopted by over tens of thousands of financial advisors. This aggregation service enables advisors to view and report on their clients’ held-away assets, including retirement, wirehouse brokerage, and bank accounts. Albridge Solutions and CashEdge created this joint offering in response to the growing demand from advisors for comprehensive views of their clients’ assets for planning and portfolio management.

"Revealing a holistic view of our clients’ financial picture is essential to providing them with effective financial planning and asset management services," says Lon Dolber, CEO of American Portfolios Financial Services, an early adopter of the Data Aggregation service. "The combination of Albridge’s data consolidation and new aggregation capabilities gives us a distinct advantage in the breadth of client information our advisors can access."
Albridge Data Aggregation is available to broker-dealer and Registered Investment Advisor users of Albridge Wealth Reporting.