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Index Funds Advisors Selects FinFolio

GREENWOOD VILLAGE, CO -- (Marketwire) -- 11/06/12 -- FinFolio today announced that Index Funds Advisors (IFA) has gone live on FinFolio's portfolio management software. IFA uses FinFolio Workstation to manage $1.6 billion in client assets across more than 1,750 clients. They use FinFolio WorkStation for portfolio management, trading and rebalancing, billing and client reporting. FinFolio's patent-pending error and alert system lets large advisors safely move from outsourcers and hosted environments to local hosting.

"FinFolio was key to our transition from outsourced data management to hosting and running portfolio management software in-house with existing staff. This trims hundreds of thousands of dollars from our technology budget, as well as increases our operational efficiencies," said Mark Hebner, founder and CEO of IFA.

IFA provides fee-only wealth management services by utilizing risk-appropriate, returns-optimized, globally diversified and tax-managed portfolios of index funds. They selected FinFolio after a lengthy search process that included a thorough evaluation of most other solutions on the market. IFA used FinFolio to gain more control over their reporting, trading and process management workflows.

"IFA is an innovator in the marketplace and we are happy to have been selected as their portfolio management software solution. Our technology was a great fit for their firm and showcases how sophisticated firms can leverage the open architecture of our software. We're proud to have IFA as a client," said Matt Abar, CEO of FinFolio.

ABOUT FINFOLIO WORKSTATION

FinFolio Workstation is a comprehensive portfolio management software package. It is user friendly, with flexible reporting, powerful administrative tools for managing large databases, and a unique error tracking system for identifying custodial data errors. FinFolio Workstation can be hosted by clients or in the cloud by a third party outsourcer.

ABOUT FINFOLIO

FinFolio develops and supports portfolio management software for financial professionals. Their clients include investment advisors, financial planners and wealth institutions with assets ranging from under $100 million to almost $100 billion.​​

ABOUT IFA

Index Funds Advisors, Inc. (IFA) is a fee-only independent financial advisor with over 1,750 clients and more than $1.6 billion in assets under management. IFA manages brokerage, IRA, 401k, 403b, profit sharing, and other investment accounts and provides investment advice to individuals, trusts, corporations, non-profits, and public and private institutions.

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Contact:
Matthew Abar
Chief Executive Officer
FinFolio
11592 Bell Cross Circle
Parker, CO 80138
(720) 206-0660 x.501

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