Comments on: Upgrading Technology: A Report From the Field

By: Mike Patton

Mike Patton — Sat, 27 Jun 2009 18:16:56 +0000

Hi Elke,
Further comments…only that with any custodian there will be some things you like and some things with which you aren’t particularly pleased. Some of these things are more important than others, so in making a decision on a new custodian, it’s not a matter of which one does everything you need (or want) perfect, but which one comes closest to fulfilling your needs. That said, I am still waiting on the interface between them and Morningstar’s Office Edition to be completed. It would seem that after 4 1/2 months, it would be ready, but alas it is not. There’s a lot to this saga. I like a lot about TradePMR, but I am a little frustrated with a couple of things.

By: Elke Touchette

Elke Touchette — Thu, 25 Jun 2009 20:19:15 +0000

Hi Mike, what further comments about your current custodian
were you still going to make? Thank you.

By: Mike Patton

Mike Patton — Tue, 09 Jun 2009 02:36:30 +0000

Hi Donald,
What I use in the conference room is a financial planning presentation, a powerpoint presentation, and maybe an analytical demo using MS Excel. Basically, I use MS Excel a lot. For instance, I just created a spreadsheet to grade mutual funds and ETF’s according to fiduciary standards. I chose certain metrics from Morningstar and rank each fund according to how they stack up to these metrics in their specific peer group. Each fund is given a numeric score from 1 (worst) to 100 (best).
Does this help?

By: Donald Henderson

Donald Henderson — Fri, 05 Jun 2009 20:19:05 +0000

I am interested to learn more about how you develop your office technology and the programs you use on in the conference room with clients. Thank for taking time to keep us all informed.

Regards,

Donald