Total Rebalance Expert Acquires PowerAdvisor from Cornerstone RevolutionsNovember 8, 2013
Total Rebalance Expert (TRX) today announced the acquisition of PowerAdvisor’s portfolio management software suite from Cornerstone Revolutions. The combination of TRX’s industry leading portfolio rebalancing platform with PowerAdvisor’s portfolio management system will create a complete and integrated portfolio management solution.
"Bringing PowerAdvisor's offerings and people into TRX will create many synergies, benefitting current and new clients of both companies,” said Sheryl Rowling, CEO of TRX. “While TRX will always be an open platform, we are already working on enhancements and new innovation in best-of-breed software for the RIA marketplace."