How does Flanker Compare?

An excellent platform to deliver point of sale, client facing KYP documentation – justification for the investment selection, proposal generation and consistent recommendations – when opening a new account or recommending a change of investment for an existing client. They tend to be mutual fund centric, but we would expect them to expand their offering to include a broader range of securities soon. They are integrated with back-office systems for a number of large firms.

CapIntel does not provide ongoing due diligence and KYP for securities currently in the advisor’s book – the requirement in CIRO Rule 3300 and Rule 3400. They are focused on client facing proposals, not ongoing due diligence.

Flanker is not client facing and focuses on ongoing management of the review process of a wide range of equities, mutual funds and ETFs.

Provides advisors with a point-of-sale KYP document that proves due diligence on a specific security being recommended – comparison and justification for the selection. The firm also provides deeper compliance capabilities at the enterprise level – continuous disclosure, product shelf monitoring and other regulatory requirements under Client Focused Reforms rules (CFR) and RegulationBest Interest (RegBI).

InvestorCom does not provide ongoing due diligence and KYP for securities currently in the advisor’s book – the requirement in CIRO Rule 3300 and Rule 3400. They are focused on client facing proposals and enterprise compliance, not ongoing due diligence of securities at the advisor level.

Flanker is not client facing and focuses on ongoing management of the review process of a wide range of equities, mutual funds and ETFs.

Morningstar Advisor Workstation is a research platform that provides detailed analytics for a broad range of mutual funds, ETFs and equities, that is supplemented with proprietary Morningstar research and commentaries.

Morningstar does not provide ongoing due diligence and KYP for securities currently in the advisor’s book – the requirement in CIRO Rule 3300 and Rule 3400. They are focused on client facing proposals and enterprise compliance, not ongoing due diligence of securities at the advisor level.

Flanker can provide the same basic data and research capabilities – excluding the Morningstar proprietary content – and uses AI to filter/screen the data sources to provide a more intuitive process. The research and data capabilities are suitable for most advisors – those advisors that are looking for more robust quantitative or technical research capabilities should also consider platforms like Bloomberg, AlphaSense, Inovestor, Refinitiv, and FactSet.

Provides advisors with a point-of-sale KYP document that proves due diligence on a specific security being recommended – comparison and justification for the selection. The firm also provides deeper compliance capabilities at the enterprise level – continuous disclosure, product shelf monitoring and other regulatory requirements under Client Focused Reforms rules (CFR) and RegulationBest Interest (RegBI).

PortfolioAid does not provide ongoing due diligence and KYP for securities currently in the advisor’s book – the requirement in CIRO Rule 3300 and Rule 3400. They are focused on client facing proposals and enterprise compliance, not ongoing due diligence of securities at the advisor level.

Flanker is not client facing and focuses on ongoing management of the review process of a wide range of equities, mutual funds and ETFs.

Portfolio management systems like D1g1t,Croesus, Envestnet, and Orion, provide advisors with the capability to effectively manage investment portfolios for clients – generate performance and tax reporting, trading, pre and post trade compliance, rebalancing, risk management, portfolio analytics, etc.

They are not designed to deliver ongoing monitoring of securities for changes in the structure, features, pricing or risk of the investment. They also do not provide ongoing monitoring of the investments for changes that could impact KYC or RegBI, capture investment review data and investment decisions by the advisors.

Flanker is not client facing and focuses on ongoing management of the review process of a wide range of equities, mutual funds and ETFs.