Agora launches Agora. Prime And Agora. Prime+

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Agora Dealer Services, a digital-oriented Carrying Dealer focused on supporting mutual fund dealers and independent advisors, announced today that it has launched its Agora. prime and Agora. prime+ account structures.  

These new account structures will render all other account structures obsolete by eliminating paper-oriented time killers for advisors, while introducing client conveniences. With low fee and no fee options driven from the digital account setup, trade entry and model portfolio efficiencies, the nominee account benefits are now affordable for all clients. 
Continuing with its commitment to new technology, innovative thinking and creative solutions, Agora. prime and Agora. prime+ allow dealers and advisors to consolidate multiple client name accounts into a single nominee account, at USD1 per month with prime and no annual account fees with prime+. In addition, Agora is leading the industry again by eliminating unfair transfer-out fees. 

"A nominee platform is better and more efficient than an 'in-client name' account, but high per account fees and transfer-out fees make the option unattractive for many investors," says Robert Smuk, President and CEO of Agora Dealer Services Corp. "Our platform delivers all the advantages and more for dealers and advisors, including consolidated reporting, efficient e-onboarding and e-trading, and portfolio solutions, with none of the typical high annual nominee account fees. As advisors battle business challenges related to Covid-19, those on our platform are embracing the freedom to remotely connect and transact with their clients, while adding more value and reducing fees." 

"We have a number of advisors already using prime and prime+, with more being added each month," said Jeff Thorsteinson, Chief Operating Officer of Agora Dealer Services Holding Corp. "The feedback has been nothing but positive. Advisors love the simplicity of electronic on-boarding and the ability to provide clients with improved service and a comprehensive picture of their portfolio." 
On May 18, 2021 at the WP Wealth Summit, Smuk will be speaking about how the wealth industry is adapting to technology and revolutionizing the future of advice, including technology trends, risks and opportunities, as well as incorporating a digital experience to accelerate an advisor's business.