Thomson Reuters has rolled out Thomson ONE Wealth Management (TOWM) to 2500 financial advisor desktops at Oppenheimer that provides financial services and advice to high net worth investors, individuals, businesses and institutions. Thomson Reuters has claimed that TOWM is a collection of productivity and decision support tools that enable financial advisors to win client confidence and manage portfolios effectively.

It has been reported that it supports every facet of the wealth management process including the integration of advanced portfolio management and book management. Reportedly, TOWM combines essential wealth tools and real-time market data into workflow solutions that allow financial advisors the time and capabilities to strengthen client relationships through sophisticated portfolio management and analysis.

Chris Perry, president, Americas, Thomson Reuters, said: “Oppenheimer has been a long time, highly valued customer and we’re delighted to continue the relationship with the rollout of Thomson ONE Wealth Management. Oppenheimer financial advisors now will have the advantage of the greater functionality that makes Thomson ONE Wealth Management such a powerful business management tool.”

Tom Riordan, Oppenheimer senior vice president, chief information officer, said: “Oppenheimer financial advisors and branch managers now will manage and grow their business directly from their desktop. Ultimately, our clients will benefit from the efficiencies and insights that Thomson ONE Book Management will promote.”