ABOS offers independent advisors online access to the functionality of Adventâs industry-leading portfolio management solutions, along with an outsourcing alternative for back-office functions. It provides daily reconciliation and data management, while enabling advisors to keep accurate track of client portfolios and generate professional-quality reports.
Based in Washington, DC, PG Capital Management focuses on value equity investment strategies. Founded in 2006 by Paul Gambal, an industry veteran and former partner in an asset management firm, the firmâs clients are comprised of high net-worth individuals, corporations and retirement plans.
When Gambal started the firm, he wanted to give his clients the same quality of portfolio accounting and reporting as his previous firm had using Adventâs portfolio management platform. He also knew, as a one-person operation where he serves as President, Chief Investment Officer and Portfolio Manager, that he would never have time for back-office administration without sacrificing service.
âWith ABOS, everything is done for me daily â and to the penny,â commented Gambal. âBy reducing the need for technology and system maintenance, ABOS further helps the independent advisor deliver quality service on a tight budget.â
ABOS also frees Gambal to focus on his specialty, value investing opportunities. âThis is a value shop,â he says. âThat means digging deep into a company to figure out why itâs trading at less than its intrinsic value and looking for things that indicate hidden value or potential; this kind of rigorous research takes valuable time â and ABOS gives that to me.â
âWe are very pleased that ABOS has provided PG Capital with a cost-effective solution that helps them achieve increased operational efficiency,â said Mike Lobosco, Director of STP Product Management at Advent Software. âWe want to ensure that clients are leveraging the latest Advent solutions to the fullest extent, and believe ABOS is the right solution for advisors who want greater independence and flexibility in how they run their business.â