$8B RIA with aggressive plans to expand geographically and into new service segments such as family office was hampered by its legacy applications and data integration approaches. The firm’s management realized that the current environment would not support their need for improved advisor productivity, better informed management decision-making, greater operational efficiency, and support to meet increasing compliance demands.
Oakbrook Solutions led the client team in developing a broad strategy for new applications, IT management practices, and data and integration architecture. The 4-year roadmap positioned the firm for growth, better risk management, and profitability. Oakbrook was subsequently engaged to identify new CRM and document management systems, key applications seen as foundational to the long-term technology plan.