Sound Income Strategies Moves to Cloud Version of intelliflo redblack, Supporting Double AUM Growth

RIA moves to the cloud-based version of intelliflo’s award-winning rebalancing and trading platform

Amber Bush
amber@williammills.com
706.248.6272

intelliflo today announced that Sound Income Strategies has successfully migrated to the cloud-based version of intelliflo redblack, supporting the firm’s significant growth. With intelliflo redblack, Sound Income Strategies can effectively manage its expanding rebalancing and trading needs with efficiency, confidence and ease.

Sound Income Strategies leverages income-generating investment strategies that fit clients’ needs, goals and risk tolerance. Three years ago, the firm selected the sophisticated intelliflo redblack platform to automate and streamline rebalancing and trading. The firm has since doubled in AUM, from $1.6 billion to $3.2 billion. To support this growth and its evolving trading needs, the firm migrated to the cloud-based version of intelliflo redblack earlier this spring, gaining even more robust functionality and scalability.

“intelliflo has been a strong partner these past several years, with modern technology and excellent service and support,” said Rana Chander, COO and CTO at Sound Income Strategies. “Moving to the cloud has given us the scale and speed to more quickly and efficiently manage our growing volume of trades and rebalancing as well as our exceptions; trades that previously took hours or days can now be executed in as few as 15 minutes. Plus, intelliflo continues to innovate; the company listens and is constantly evolving the platform to meet our future needs. This is a platform that can grow with us.”

Over 70 enhancements were introduced to intelliflo redblack over the past 12 months, 72% of which were directly inspired by customer feedback. For example, intelliflo redblack recently launched a compliance rules engine enhancement. This cutting-edge tool – typically reserved for institutional clients – marks a paradigm shift in how RIAs of all sizes can boost efficiencies, manage compliance and better serve clients.

“At intelliflo, we are dedicated to empowering advisors of all sizes with the robust technology they need to increase operational efficiencies while attracting and serving their clients. We believe this widens access to financial advice, our ultimate mission,” says Jennifer Valdez, President, Americas for intelliflo. “We are proud to work with leaders like Sound Income Strategies who understand the importance in investing in the modern solutions and strategies necessary to grow and future proof their business.”

About intelliflo

intelliflo widens access to financial advice through leading technology powering the financial advisory experience. We use open software architectures combined with unmatched industry experience to simplify a complex digital landscape to help advisors compete and grow. Our solutions support over 30,000 financial advisors worldwide, representing over three million end-investors, with over $1 trillion serviced across our platforms.

About Sound Income Group

Sound Income Group comprises three full-service firms offering marketing, coaching, practice management, investment services, and franchise opportunities for the financial community. It operates Retirement Income Source®, a national network of Income Specialists who help clients establish steady streams of income; Sound Income Academy, a recruiting and marketing firm, and Sound Income Strategies, LLC, an SEC registered RIA with more than $3 billion assets under management (AUM).

Fee-based financial planning and Investment Advisory Services are offered by Sound Income Strategies, LLC, an SEC Registered Investment Advisory firm.