Forgot to comment on the Class Portfolio product - I think it...

Forgot to comment on the Class Portfolio product - I think it will depend on their strategy, there is a lot of competition for the product with a lot of brokers offering similar products. For the advisors though I think it is a great product as it allows the clients to check on their portfolio at anytime using the cloud software, however a lot of funds are now offering similar services, and being able to check portfolio values with updated daily unit prices.

The most beneficial part of the software is the quick reporting element, by being able to click on 2 buttons and have a balance sheet etc (any report needed) printed instantly and that is a great feature - especially when it comes to EOY client reporting.

So I do think it is a great product and useful, but there is a stiff amount of competition. If they manage it correctly and are able to scale it out to a lot of firms, I think it will definitely be a hit as more firms start to see the value of reporting ease.