A new report on 10 leading custodial service providers from The Oasis Group found that “TradePMR is agile and moves quickly to enhance its platform.”
TradePMR continues to receive recognition for the technology and service we offer to RIAs.
According to a new “in-depth study" performed by The Oasis Group, a wealth management consultant, TradePMR was “ranked the best for trading capabilities among 10 peers.”¹ In particular and in the report, The Oasis Group states that “TradePMR offers full margin capabilities. Several other custodians lack margin availability.”²
Per the report, The Oasis Group recognized TradePMR’s “strong digital account opening within the Fusion platform,” and customer service that is “rated highly among their customers.”² “TradePMR’s “strong billing features at the household and account levels.” It goes on to say, “TradePMR’s native capability fee billing is very good and has the added efficiency of operating with the custodial data on the same platform, avoiding the need to create billing files and sharing them outside a third-party platform,” according to the report.²
TradePMR was named a “Climber” in The Oasis Group’s report, recognizing what it called “significant investments in integrations in 2024.”² “TradePMR is agile and moves quickly to enhance its platform,” the report stated.²
“Firms who are interested in a strong custodian platform that they can integrate with CRM, financial planning, and performance management solutions will be happy with TradePMR,” the report added.²
“The study examines the top ten custodians serving the wealth management community.”³
According to the study, the researchers began with 12 focus areas and developed 219 specific criteria that were provided to each custodian as a questionnaire.³ The Financial Planning article states that The Oasis Group also received demonstrations from each participant to validate the information provided in the questionnaire, and researchers met with at least two current customers of each participant to gain their perspective.¹
The analysis of Custodial Platforms is the first of a new research series from The Oasis Group called “Vantage Point Peaks,” which aims to provide in-depth reports and competitive analysis on a range of service providers in the wealth management industry, according to a statement from the firm.⁴ The goal is to help advisors become more informed buyers.
John O’Connell, founder and CEO of The Oasis Group, believes that the “Vantage Point Peaks will give wealth management firms a leg up when determining which service providers are the right fit for their firm.” John says “This research will save firms significant time when generating their short list of custodian providers.”⁴
The Peaks Report comes on the heels of The Ezra Group, a technology and strategy consultancy, ranking TradePMR’s custodial platform the highest rating on its new WealthTech Integrations Score.⁵
To learn more about TradePMR’s offering and what makes us different from other custodial service providers, get in touch or email hello@tradepmr.com.
About TradePMR
For more than two decades, TradePMR has worked with growth-minded independent registered investment advisors (RIAs), providing innovative technology tools and support designed to transform their businesses. The privately-held brokerage and custodian services provider (Member FINRA/SIPC), based in Gainesville, Fla., works to streamline investment advisors' operations through comprehensive custodial, operational, and trading support. For more information, visit www.TradePMR.com.
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¹ “Schwab, TradePMR among leading custodian platforms in new study,” Financial Planning; Rachel Witkowski; August 27, 2024; https://www.financial-planning.com/news/the-oasis-group-releases-new-custodian-ranking-study
² “Vantage Point Peaks for Custodian Platforms – TradePMR,” The Oasis Group LLC; H2 2024
³ “Vantage Point Peaks for Custodian Platforms – Summary,” The Oasis Group LLC; H2 2024
⁴ “The Oasis Group Launches Research Series Analyzing Custodian Platforms and Other Wealth Management Service Providers,” BusinessWire; August 27, 2024; https://www.businesswire.com/news/home/20240827974171/en/The-Oasis-Group-Launches-Research-Series-Analyzing-Custodian-Platforms-and-Other-Wealth-Management-Service-Providers
⁵ EZRA GROUP WealthTech Integration Score, https://ezragroup.com/wealthtech-integration-scores/?caterory=19&category_name=Custodial%20Platform#search_bar
EZRA GROUP WealthTech, The Oasis Group LLC., businesswire, FinancialPlanning, and TradePMR are separate and unaffiliated companies. Custodians did not pay a fee to be evaluated and ranked.
