LPL Financial has selected Lumesis’ cloud-based software, DIVER Advisor, which delivers data and real-time client account monitoring tools for rating changes, MSRB filings and market trade activity.
DIVER Advisor will complement LPL Financial’s current services and provide:
• Real-time access to municipal bond reports for delivery to clients;
• Tools to monitor, oversee, and support time of trade disclosure to retail clients for municipal bonds; and
• Real-time insight into client positions through dashboard notifications.
Gregg Bienstock, chief executive officer at Lumesis, says: “We are excited to have LPL, one of the nation’s leading independent broker-dealers and custodians, implement our advisor platform.”