Client
A newly formed RIA built by a team of experienced advisors who brought a substantial book of business with them from day one. Their custody is entirely through Schwab and Fidelity, and the book is predominantly public equities. A handful of clients have alternative exposure, but it is not the firm’s primary focus.
Problem
Their existing monitoring platform charged by the account, and at their scale it was getting expensive, fast. They were overpaying for capabilities they did not need.
Outcome
Abacus is cheaper. We extended this RIA a program we now offer more broadly: up to 200 accounts per seat. They connected all of their Schwab and Fidelity accounts, kept their prior platform only for trading and rebalancing, and moved all monitoring and reporting to Abacus.
Why it matters
Do not overpay to track public equities and fixed income. One Abacus seat handles up to 200 accounts, freeing up budget for the things that actually grow your firm.
Your book, on the same record.
Bring the structure you actually run: the entities, the custodians, and the private positions nobody wants to reconcile. We will walk through what the first month looks like.