09 Dec MacDougall, MacDougall & MacTier selects Croesus as its Portfolio Management & CRM Solution
MONTREAL, Canada, December 9, 2013 – Croesus and MacDougall, MacDougall & MacTier (3Macs), Canada’s oldest investment firm, jointly announce that MacDougall, MacDougall & MacTier selected Croesus as its Portfolio Management & CRM Solution.
As part of the implementation, Croesus successfully migrated MacDougall, MacDougall, & MacTier data and, as it has also done with other clients, linked the portfolio management solution to Broadridge’s Dataphile back office, a comprehensive suite of real-time solutions for Canadian independent securities and mutual fund dealers. There are currently 120 users reaping the benefits of the Croesus software.
Randy Ambrosie, President & CEO at MacDougall, MacDougall & MacTier comments, “The software ease of use, as well as having a complete, flexible set of features convinced us that Croesus is the ideal solution to support our firm’s growth and address current and future requirements for productivity and compliance.”
Croesus’ President, Remy Therrien, adds, ‘‘We are proud to have MacDougall, MacDougall, & MacTier among our investment dealer clients. Their reputation and heritage in providing personalized investment management advice and service to private investors is impressive and we look forward to a long-standing partnership.’’
Since 1987, Croesus has provided brokerage firms and independent advisors an advanced portfolio management and integrated CRM software. Croesus enables investment advisors to improve the management of portfolios and relationships, optimize the assessment of performance returns, while reducing exposure to risk by meeting GIPS compliance requirements. As a comprehensive solution, the Croesus SaaS platform integrates with major back-end systems such as IBM, custodians like TD Ameritrade and financial information providers that include Morningstar, Thomson One and Fundata. The software of choice for leading brokerage firms like CIBC Wood Gundy and National Bank Financial, Croesus clients manage over $350 B in total Assets Under Management.
About MacDougall, MacDougall, & MacTier
As the first stock broking firm established in Montreal in 1849, MacDougall, MacDougall & MacTier is among the most prestigious firms in Canada today, providing personalized investment management advice and service to private investors. With five generations of MacDougalls, 165 years of expertise and a continued dedication to providing high quality investment advice, the MacDougall Firm maintains the fundamental principles of integrity, independence, performance and service. MacDougall, MacDougall & MacTier is an independent, employee-owned investment dealer with offices in Montreal, Quebec City, Toronto and London.
Frédéric Le Bouar
Director of Product Marketing and Business Promotion