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NEW YORK, NY (PRWEB) OCTOBER 26, 2016
Xtiva Financial Systems, announces the launch of its exclusive BDComp-Check Program for investment firms. The BDComp-Check Program is a 33 point assessment of a broker-dealer’s incentive compensation program to assist in ensuring the firm is prepared for the implementation of the DOL Rule in 2017 and additional Best Interest Standards that may follow.
Available to Xtiva’s existing and prospective customers, the BDComp-Check Program includes a detailed analysis of both the construction and operation of advisor and field management compensation programs. Firms receive a comprehensive report that highlights areas for attention and further evaluation. “Compensation is at the heart of the DOL Rule,” said Rick Scearbo, Chief Revenue Officer at Xtiva. “There is nothing more important in the U.S. Wealth Management industry right now than the DOL and we are determined that our customers are set up for success.”
The BDComp-Check Program is available immediately. Firms can learn more by contacting Xtiva directly on https://xtiva.com
Xtiva Financial Systems provides a suite of innovative sales performance management tools and services exclusively for financial services via the Xtiva Cloud platform. Over 80 enterprise broker-dealer, RIAs, custodians and insurance firms use Xtiva’s award-winning software, services, and support to maximize their salesforce investments and business performance. Xtiva’s customer obsessed team is dedicated to ensuring our customers and their partners achieve more every day. Learn more at https://xtiva.com, via Twitter and on LinkedIn.