RiskPro® is Selected By Kovack Advisors, Inc. For Customized Cutting Edge Financial Technology in Response to Fiduciary Requirements

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NEWPORT BEACH, CA RiskPro® announced an agreement to integrate with Kovack Advisors, Inc. With this customized integration, Kovack Financial Advisors will have automated access to technology that simply and visually allows clients to understand the concept of investment risk.

As the fiduciary standard is adopted across the wealth management industry, RiskPro® provides Financial Advisors with a mathematically sound approach to assisting clients in determining their Risk Profile and constructing portfolios that are aligned with the client’s Risk Profile. As a result, Financial Advisors will be able to demonstrate how they addressed the new DOL requirements, while the managing Financial Institutions will be able to monitor the process on an ongoing basis. This portfolio surveillance technology is especially appealing to firms in the industry in light of the evolving regulatory environment.

Chris Mills, CIMA®, Executive Vice President of Kovack Advisors commented,
“We reviewed many different companies in our search for a system that would monitor client risk and meet the Best Interest requirements of the DOL Rule. We concluded, that RiskPro® is by far the best. The system is easy to use and provides accurate risk measurement at the individual security level. RiskPro® makes it simple for our advisors to build and monitor client portfolios so they stay within a client’s risk tolerance. The system provides our firm’s compliance department with a complete list of all accounts that are outside of an acceptable risk range and a method of notification for each advisor to take corrective action with the process documented. RiskPro® technology saves us countless hours in monitoring our client portfolios. I strongly recommend RiskPro® to solve for your risk measurement and regulatory needs.”

RiskPro® Founder and CEO Nick Scalzo also commented, “We represent an unprecedented blend of talent and expertise from both the institutional and retail investment community. Our passion is, quite simply, improving the advisor-client experience. We empower Financial Advisors to help their clients understand their own Risk Budget and construct a portfolio with an estimated maximum annual range of returns that can be within a hundredth of a decimal point of that Risk Budget, all in a matter of minutes”

About RISKPRO® developed by ProTools, LLC, a technology company headquartered in Newport Beach, CA. RiskPro® was designed by financial advisors and built by econometricians, to serve as a revolutionary risk profiling, portfolio construction, and compliance oversight system, which enables financial advisors to improve the client experience. RiskPro®, The World’s First Virtual Portfolio Strategist®, empowers advisors to help their clients understand and pinpoint their own Risk Budget. Through RiskPro®, advisors can meet their fiduciary responsibilities to provide clients with prudent investment advice. For more information, visit www.riskproadvisor.com.

About KOVACK ADVISORS, INC. Established in March 2001, Kovack Advisors is an SEC Registered Investment Advisor, headquartered in Fort Lauderdale, FL, with independent advisors located across the country. We have strategic alliances with the most recognized and respected advisory clearing firms in the industry and we offer a RIA Platform that is second to none in providing comprehensive investment solutions and accessible technology. Our independent nature is what sets us apart. Our strength, stability and innovation are why we’ll not only endure, but thrive! Our advisors have access to best-of- breed programs, services and technology, and the benefit of independent pricing. Kovack Advisors does not offer proprietary programs. We will always sit on same side of the table with our clients; striving to always be an example of un-biased guidance and trusted advice. Visit www.kovackadvisors.com

About PACIFIC FIANCIAL GROUP, LLC an investment advisor registered with the Securities and Exchange Commission, is an affiliate of ProTools and the exclusive distributor of RiskPro. Pacific Financial is based in Newport Beach, CA

Media Contact for RiskPro®:

Julie Mochan, AIF®, Director
Enterprise Solutions
RiskPro®
949-259-6928
juliem@tpfg.com
solutions@riskproadvisor.com

Media Contact for Kovack Advisors, Inc.

Chris Mills, CIMA®, Executive Vice President
Kovack Advisors, Inc.
Kovack Securities, Inc.
954-670-0617
chris@kovackadvisors.com

Related Links
www.riskproadvisor.com
www.kovackadvisors.com
www.tpfg.com