ARLINGTON, Texas, May 23 /PRNewswire/ -- Valuing the philosophy of balancing work with life, First Rate is excited about the newest addition to their client list, Redstone Consulting. Both companies make it a priority to engage their employees and clients in taking a stand in "spending their life in their own way", all the while concentrating on productive output in their industry. For the next four years, Redstone Consulting will employ First Rate's performance measurement services to enable their clients to do just that.

Redstone currently has $724 million in assets under management on the First Rate system. Utilizing the First Rate Performance software, Consulting, ASP and Service Bureau teams allows Redstone to focus more on coaching their clients, leaving the measurement process to First Rate. "First Rate Performance is a new platform for us that will allow for continued growth. We couldn't grow much more without it," said Tommy Carter, CPA, CFA of Redstone Consulting.

First Rate Consulting will work with Redstone by concentrating on the solution development and implementation portion of the performance calculation process. Increasing efficiency of this process allows investment professionals to focus on managing money and relationships rather than creating and reviewing performance reports and other related data.

Redstone will also outsource their calculation process to the Service Bureau. This team of performance specialists will execute monthly processing and data verification of all calculated data components within Redstone's personalized performance solution. "Performance measurement professionals in the First Rate Service Bureau will maintain the quality and accuracy of the performance analysis, enabling Redstone to focus on other priorities," said Kevin Greenspan, First Rate Service Bureau.

First Rate and Redstone are both energized about their new venture. "We are thrilled to be working with Redstone Consulting. They are a fun group and make a great extension of the First Rate family," said David Stone, President and Founder of First Rate. Tommy Carter of Redstone agrees, "We are pleased with First Rate and look forward to a long working relationship with them."

Redstone Consulting, LLC is dedicated to helping their clients be the best they can be in their professional and personal lives. Redstone coaches use a traditional yet contemporary approach to performance coaching; they have been an invaluable resource to some of the top agents, managers, general agents and organizations in the financial services industry. With services like Advisor Development Platform, Individual Coaching, Performance Groups, and Business/Strategic Planning and Implementation, Redstone allows their clients to "spend their life in their own way." For more information visit http://www.redstoneconsulting.com/ .

First Rate is the developer and provider of portfolio analysis and performance measurement software for many of the largest financial institutions in the United States. Launched in 1991, the privately held Texas-based firm has a staff with over 300 years of collective experience in the investment performance-measurement and portfolio analysis industry. The First Rate Performance suite of applications provides complete web-based portfolio tracking and reporting solutions for over 700,000 portfolios with 1.2 trillion in assets under management specific to the needs and workflow of institutions with a large number of individual client portfolios. For more information visit http://www.firstrate.com/ .

For Further Information, Please Contact: First Rate Investment Systems Media Contact: Lea Cooper 972.660.1550 ext 126 lcooper@firstrate.com

CONTACT: Lea Cooper of First Rate Investment Systems, +1-972-660-1550,
ext 126, or lcooper@firstrate.com

Web site: http://www.firstrate.com/
http://www.redstoneconsulting.com/

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