Investigo(R) Signs Practice Management System Deal With Ameritrade Advisor Services(TM)

MINNEAPOLIS, Sept. 6 /PRNewswire/ -- Investigo -- provider of the financial services industry's fastest-selling practice management system -- announced today that it has formalized an agreement with Ameritrade Advisor Services(TM) in which Ameritrade will offer Investigo's web-based data consolidation and reporting software to its 1,400-plus registered investment advisor (RIA) clients.

According to Jim Wangsness, senior vice president of Ameritrade Advisor Services, many advisors have named practice management solutions as a concern in growing their business. Investigo is also building a custom interface and providing quality assurance services for Ameritrade. He stated, "A growing number of savvy advisors want to leverage technology to streamline their client management, and Ameritrade Advisor Services is constantly looking for tools to help them. We are impressed not only with Investigo's capability, but also its attractive pricing. We're confident it will save our advisor clients both time and money -- and ultimately help Ameritrade attract and retain the most successful of advisors."

Investigo's web-based platform integrates a broad range of core practice management functionality into one system at a significantly lower price than competitive systems -- eliminating the need to purchase and maintain multiple systems. It automatically updates, consolidates and reconciles client data, and it provides a single portal for asset tracking, client management and regulatory compliance -- streamlining practice management and enabling better client service.

Investigo CEO Tom Rozman said, "This agreement with Ameritrade Advisor Services is a testament to the value of our fully integrated practice management system. By providing a value-added solution that saves users both time and money, Ameritrade has demonstrated its commitment to providing outstanding support for its advisor clients by enhancing their ability to serve their clients more efficiently and effectively with Investigo."

Ken Himmler, CEO and owner of Integrated Asset Management LLC in Sarasota, FL, has been using Investigo for over a year. In that time, the efficiencies generated by the system have enabled staff and office space reductions of more than 50 percent, even as the firm's managed assets grew substantially. The resulting savings have increased the firm's profit margin by more than 30 percent.

Even more important, said Himmler, is the effect Investigo has on an RIA's quality of life. "Investigo streamlines and simplifies practice management to such an extent that you have much more time to spend on what matters most -- being in front of your clients and growing the business, not constantly putting out fires and dealing with technology issues," Himmler said. "It's a nice bonus that Investigo is one of the most affordable systems out there."

For more information, call (952) 920-1441 or visit http://www.investigo.net/ .

About Ameritrade

Ameritrade Advisor Services ( http://www.ameritradeinstitutional.com/ ) offers products and services to over 1,400 independent registered investment advisors. In a recent study, Ameritrade Advisor Services achieved the highest percentage growth in both RIA clients and custodied assets for the period Oct. 1, 2004 through Mar. 31, 2005 as reported by Cerulli Associates.(1) Ameritrade Advisor Services, Division of Ameritrade, Inc., member NASD/SIPC.

   (1) 1Q 2005 RIA Service Agent Survey

  About Investigo

Investigo provides the most advanced web-based practice management system that saves financial advisors money and gives them more time for selling and client management. Built on a sophisticated data consolidation and reporting platform, Investigo's system integrates a broad range of core practice management applications, including data aggregation, reporting, CRM, compliance and online document storage/management -- streamlining practice management. The company is headquartered in Minneapolis; has forged strategic partnerships with best-in-class software vendors like Morningstar, MoneyGuidePro and LaserApp; and works with nearly 50 broker/dealers and a growing number of RIAs and major clearing firms nationwide.