Sound Income Strategies Expands with intelliflo Cloud Solutions
Sound Income Strategies Expands with intelliflo Cloud Solutions
Sound Income Strategies has recently made an impressive move by migrating to the cloud-based version of intelliflo redblack. This strategic shift is facilitating the company’s notable growth in assets under management (AUM), which doubled from $1.6 billion to $3.2 billion in just a few years.
Enhancing Trading Capabilities
By adopting intelliflo redblack, Sound Income Strategies is now equipped to efficiently handle its growing rebalancing and trading demands. This cloud-based solution empowers the firm to manage trades and rebalancing with unprecedented efficiency, offering significant advantages over traditional methods.
Significant Growth and Migration
The migration to intelliflo redblack's cloud solution was not just a necessary upgrade; it represents a pivotal moment for Sound Income Strategies as they continue to scale operations. With growing trading volume and demands, the firm recognized the necessity for a platform that could keep pace with their expansion.
“intelliflo has been a strong partner these past several years, providing us with modern technology alongside exceptional service and support,” explained Rana Chander, COO and CTO at Sound Income Strategies. “The efficiency gains we have experienced are astounding. Tasks that once took days can now be completed in as little as 15 minutes, significantly improving our operational workflow.”
Customer-Centric Innovations
Over the previous year, intelliflo redblack has introduced over 70 enhancements based on customer feedback, underscoring the platform's commitment to continuous improvement and innovation. These enhancements, including the rollout of a new compliance rules engine, are transforming the way investment managers operate, even allowing smaller RIAs to leverage institutional-grade tools.
The Future of Advisory Solutions
Jennifer Valdez, President, Americas at intelliflo, shared the company’s mission, stating, “Our dedication lies in empowering advisors with the technology necessary to enhance operational efficiencies while broadening access to financial advice.” Her insights reinforce the situation at Sound Income Strategies, which embraces modern solutions to fortify its growth trajectory.
About Sound Income Strategies and intelliflo
Sound Income Strategies is part of the expansive Sound Income Group, which integrates marketing, coaching, and investment services across its three firms. The firm serves a range of clients, helping them establish stable income streams through innovative strategies. With over $3 billion in AUM, they also enhance their approach to financial advising by employing cutting-edge tools and techniques.
On the other hand, intelliflo provides essential technology support for financial advisors. Their solutions serve over 30,000 financial advisors, managing assets on behalf of over three million investors globally. With an outstanding reputation, intelliflo is recognized for simplifying technology to benefit advisory practices.
Frequently Asked Questions
What prompted Sound Income Strategies to move to the cloud?
The move to the cloud was primarily driven by the need to efficiently manage their increasing trading volume and rebalancing requirements as their AUM grew substantially.
How has the migration to intelliflo redblack impacted operations?
The migration greatly enhanced operational efficiency, allowing trades that previously took hours or days to be completed in about 15 minutes, streamlining workflow significantly.
What innovations have been introduced to intelliflo redblack?
Over 70 enhancements, including a compliance rules engine, were introduced in the last year, focusing on improving user experience and fulfilling customer needs.
What does Sound Income Group offer its clients?
Sound Income Group provides marketing, coaching, practice management, investment services, and a national network of Income Specialists aimed at creating steady income streams for clients.
What does intelliflo aim to achieve through its services?
intelliflo aims to widen access to financial advice, empowering advisors with advanced technology to improve their operational efficiency and better serve their clients.
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