News

WS Griffith Advisors Chooses StatementOne for Enterprise Data Consolidation...

Consolidated data a key component of WS Griffith's financial planning platform

February 11, 2003 — LAWRENCEVILLE, NJ — StatementOne, the industry leader in enterprise financial data consolidation and performance reporting, announced today that WS Griffith Advisors Inc. (“WS Griffith”), has signed an agreement to integrate StatementOne’s consolidated portfolio accounting and performance reporting solution into their technology infrastructure.

WS Griffith Advisors, Inc. is a financial planning organization that offers a diversified array of financial products and services to meet the business needs of a high-end financial planning practice. With bi-coastal headquarters in Hartford, CT, and San Diego, CA, WS Griffith Advisors offers clients and advisors the support needed to meet the requirements of the most sophisticated financial situation. “Our focus is in providing our network of advisors the tools they need to be successful and state of the art technology is key to that support,” said CEO and chairman of WS Griffith, Joseph Kelleher. He added, “With Statement One, our advisors will be able to integrate all of their client’s data in one centralized web based report and that information, along with on-going updates from Statement One’s technology, is critical to our financial planning support and service.”

“We’re very pleased to be working with WS Griffith,” said Greg Pacholski, StatementOne’s president and chief operating officer. He added, “Integrating our platform into their larger advisor offering requires clean, accurate, transaction-level data. We pride ourselves on being the only provider in this space capable of delivering against those requirements. This just serves to underscore the added value we provide through our specialized collection and normalization process, enabling financial institutions to zero-in on their investor client base and provide a more customer-centric experience. It’s a proven way to boost their top-line revenue, while at the same time reducing administrative costs.”

About WS Griffith Advisors...

WS Griffith Advisors, through its nationwide network of branch and independent offices, offers the sophisticated financial advisor personalized case design support and a diversified array of planning tools, specialized marketing programs, financial products and services to support the needs of the high-end financial planning practice. WS Griffith Advisors, Inc., along with its two subsidiaries: WS Griffith Securities, member NASD/SIPC, a full-service broker dealer and registered investment advisor and WS Griffith Associates, a corporate general agency are members of The Phoenix Companies, Inc. (NYSE: PNX). WS Griffith Advisors, Inc. has headquarters in East Hartford, CT and San Diego, CA. Their web site is www.wsgriffith.com.

About StatementOne...

Founded in 1993, StatementOne provides technology solutions to the retail wealth management market. For financial institutions, they consolidate enterprise investment account data in a scalable and accurate way, to power best-of-breed applications used for business planning, analytics, product development, compliance, and CRM. For financial advisors and their clients, they deliver a powerful, yet easy-to-use web-based portfolio accounting and performance reporting solution that enables advisors to provide better and more timely advice. This helps advisors boost top-line revenue while reducing administrative costs, and increases the probability of financial success for both them and their clients.

StatementOne currently manages account data for 49 financial institution clients, representing over one hundred fifty billion dollars in assets, tens of thousands of financial advisors, and millions of investors and individual accounts. Their current clients include independent broker/dealers, banks, credit unions and other financial institutions.

For more information contact StatementOne at marketing@statementone.com.