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J.P. Morgan to Offer FundQuest Software to Brokerage Clients

Will offer Advisor Gateway platform to clients of its broker dealer services business.

J.P. Morgan's Broker Dealer Services business is making available a new managed account program offered by FundQuest. The program, Advisor Gateway, provides access to FundQuest's technology, including reporting, portfolio modeling, fund selection, and rebalancing tools. Other services include due diligence, training, back-office services and wholesaling support. The managed account offerings on Advisor Gateway include Unified Managed Accounts, Mutual Fund Portfolios, Income Portfolios, and Separately Managed Accounts. The new program also offers Advisor Choice, an advisor/client constructed portfolio with various asset types using FundQuest tools including asset allocation and performance reporting.

FundQuest has 180 advisory firms as clients and $40 billion in assets under management in its combined U.S. and European operations.

According to James L. Fox, president and CEO at FundQuest, "our project team worked to build the new platform's functionality based on the priorities of J.P. Morgan's correspondent broker-dealers. Financial advisors who use J.P. Morgan Clearing Corporation's clearing and custodial capabilities will now have access to FundQuest's web-based proposal generation, portfolio diagnostics, performance reporting, and open architecture investment research capabilities."

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