Advisor Group announced Thursday the rollout of its new eQuipt Dashboard just ahead of the SEC’s Regulation Best Interest going into effect on June 30.
The new Dashboard features have been added specifically to address compliance requirements of Reg BI and are a part of the firm’s existing eQuipt digital client onboarding and account management platform.
Features of the Dashboard will assist Advisor Group’s more than 11,000 advisors with managing electronic delivery of required disclosures and account documents, among other requirements.
“While much of the wealth management industry views Reg BI with uncertainty, we view it as an opportunity to better support our financial professionals and their clients,” said Advisor Group President and CEO Jamie Price.
In addition to Reg BI–specific features, the eQuipt Dashboard will serve as a single, integrated entry point for advisors. This includes access to digital collaboration for opening of new accounts, as well as the processing of financial planning agreements and invoices.
While the firms under Advisor Group have differing front-office approaches and technology, they run on a shared service model and operate on the same back-end technology platform, commission system and operational support.