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First Western Advisors Names Albridge Solutions a Critical Technology for AdvisorsSalt Lake City, UT and Lawrenceville, NJ — January 23, 2006 — Albridge Solutions, the industry leader in enterprise data management (EDM) and performance reporting, and First Western Advisors, a full service stock brokerage and investment firm, announced today that First Western Advisors has grown it's "independent employee" advisor base by 200% since the deployment of the Albridge Wealth Reporting Solutions in July 2005. Albridge Wealth Reporting, a Web-based portfolio accounting and performance reporting solution, gives advisors at First Western Advisors immediate access to critical client portfolio information, allowing them to produce a variety of performance, asset allocation, holdings, transactions and benchmarking reports to share with their clients. In the third quarter, First Western Advisors added Albridge Data Aggregation. Albridge Data Aggregation brings held-away account data from over 9,000 sources into Albridge Wealth Reporting, giving advisors a more complete view of their clients' holdings. In an internal poll, 91.67% of the First Western Advisors independent employees using Albridge Wealth Reporting viewed the technology as a "Must Have" to successfully grow and manage their practice. "First Western Advisors' ability to rapidly recruit so many new advisors in such a short period of time is a great example of how broker dealers are leveraging our solutions to differentiate themselves from competitors in order to attract and retain top performing advisors", said Tom Sullivan , Vice President of Product Management and Marketing at Albridge Solutions. "First Western Advisors is obviously committed to providing their advisors the tools they need to succeed and we are excited they have selected our solutions to be the cornerstone of their technology strategy." In fact 98.15% of recruits currently in discussion with First Western Advisors found the Albridge platform superior to what is currently being offered by their existing firms for data aggregation and performance reporting. Recruits representing advisors from most major wirehouses list technology among the top five reasons to join First Western Advisors. "First Western Advisors is thrilled to offer solutions from Albridge to potential recruits and existing advisors alike." added Jason Yeager, Head of Sales and Business Development for First Western Advisors. "As we work to build our brand nationwide and continue to offer unparalleled services and support to advisors leaving traditional brokerage firms for the freedom and independence they and their clients deserve, we could think of no other offering like Albridge Solutions to bring true financial freedom and independence to our clients and advisors." About Albridge Solutions About First Western Advisors
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