Advisor Exchange Agrees to Integration with Cheshire Software

Glenview, IL (January 16, 2009) – Advisor Exchange announced today an agreement to integrate TotalView XportPro, the industry’s premier account aggregation solution, with Cheshire Software’s Wealth Manager, a comprehensive financial planning tool that promotes income and goal-based planning. The integration eliminates manual monthly data collection and allows registered investment advisors (RIAs) to seamlessly push comprehensive asset and liability data, including assets held at competing brokerage firms, from XportPro into Cheshire’s applications. The advisors can then quickly and accurately construct and complete, concise and easy-to-understand financial reports for clients.

“This integration streamlines the process Cheshire’s advisors currently go through to painstakingly gather and manually enter client data when creating new plans and updating existing plans,” said Advisor Exchange Director of Business Development John Luciano. “With less time and money spent on these basic operational tasks, advisors are free to spend more time with clients who, especially in this uncertain market, appreciate Cheshire’s clear, compelling client reports.”

Said Joshua Wright, President of Cheshire Software, “We continually monitor industry trends and changing advisor needs to provide the superior financial planning tools our clients need to build their wealth management business. We are proud to partner with Advisor Exchange, a company that is leading the way into a whole new paradigm in data collection and management with an array of data aggregation solutions. Our integration with Advisor Exchange will enable advisors to collect data quickly and accurately, dramatically decreasing the amount of time they spend preparing and updating financial plans. That means more time to cultivate existing client relationships and prospect for new business.”

Advisor Exchange clients will receive a 15% discount on their Wealth Manager license. Advisor Exchange’s team of technicians will begin integration work immediately. The integration is schedule for completion by end the end of January 2009.

About Advisor Exchange

Headquartered in Glenview, Illinois, Advisor Exchange provides a dynamic account aggregation technology designed to provide independent financial advisors with a comprehensive view of their clients’ total portfolio, including assets that are held-away. In addition, Advisor Exchange’s technology can “push” aggregated client data into virtually any third-party application that an advisor uses to run their business. Eliminating the time spent manually collecting and entering financial account information, Advisor Exchange gives advisors and their staff more time to cultivate client relationship and improve investment decisions.

About Cheshire Software

Located in Newton, Massachusetts, Cheshire Software is a leader in developing financial planning software for the wealth management industry. The firm’s easy-to-use financial planning software combines sophisticated modeling and analytics retirement planning, risk analysis, asset allocation and estate planning with rich, high-quality output that's easy to understand. Cheshire also provides customized software applications, calculation engines and integration support and consulting to a growing base of institutional clients.