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Email Archiving, Instant Messaging, and Advanced Online Marketing

Transcript

Andrew Gluck:           Good afternoon everybody.  This is Andrew Gluck.  I’m the President and CEO of www.advisorproducts.com.  Welcome to you all to our Marketing Smart Webinar.  On this day, July 8, 2009, a Wednesday, it’s 4:00 p.m. and today we are going to talk about email archiving and instant messaging, plus update you on some advanced online marketing techniques and some special features that you get with the Advisor Products platform.  Thank you all for attending.  This webinar is being recorded and we are now posting the slides for this webinar and we will chat out the link to you to download the slides in just a couple of minutes.

We have with us today an www.advisorproducts.com partner from www.fusemail.com and I just want to give you all some history about how we partnered with www.fusemail.com.  The partnership dates back about one year and prior to that, www.advisorproducts.com was in the email hosting business itself and we directly supported something like, I don’t know, about 1200 firms, quite frankly, with the email hosting services that we were providing and to be honest with you, it was really a courtesy that we did it. 

With websites, we wanted to offer email accounts, but as our but as our business grew—we started hosting websites in ’97 and as our business grew, it was very resource-intensive to host the emails.  It required server redundancy.  You know, of course, email is a mission-critical application and it required a lot of customer service.  So at about a year ago, finally, we found a new kind of firm that we could partner with to host emails for advisors and that’s how we found www.fusemail.com.

Firms like www.fusemail.com did not exist until pretty recently, and so it was a new kind of firm and www.fusemail.com is on its way to, it looks like, becoming very successful in its own right and we’re helping them with the advisor channel, but the company hosts emails for about a half million people.  What that’s done over the past year for us, quite frankly, is it has freed up our technicians to focus on bottom-line producing and much more important chores that are really the ones that we want to be great at.  Email is not our core competency and so this really has worked out well for us, this partnership with www.fusemail.com over the past year. 

Really, I can only think of one incident – one complaint incident over the last year – and when you’re hosting hundreds and hundreds of email accounts like www.fusemail.com is for our firm, and for all the advisors that work with us, having just one complaint in a year is really excellent.  So I’m pleased with the client experience.

There is the face of www.fusemail.com for you.  That’s Bryan Heitman, and Bryan is the founder and President of www.fusemail.com.  Before starting www.fusemail.com, he was the co-founder of another startup called CommuniTech.Net, which was a hosting service for small- and medium-sized businesses and Bryan, as co-founder of CommuniTech, helped build that company up to eight million dollars ($8,000,000) in revenue.  It’s margins exceeded thirty-five percent (35%) and they sold the company in 2002. 

Bryan is a licensed pilot and he’s a hobbyist that really enjoys marine aquariums, I’m told.  So what I’d like to do now is ask Bryan to tell us about www.fusemail.com’s newest capabilities and welcome you to the MarketingSmart Webinar http://www.advisorproducts.com/mswebinars.aspx for www.advisorproducts.com, Bryan.

Bryan Heitman:         Thank you, Andy, and hello everybody.  Thank you all for joining us here today.  I wanted to tell you just a little bit more information about www.fusemail.com and what our history is, and then we’ll dive right into those new products Andy was talking about.

As Andy said, www.fusemail.com was formed in 2003.  We’re located here in Kansas City, Missouri.  This is where I’ve lived all my life and it’s also where CommuniTech.Net got its start. 

CommuniTech.Net was in the webhosting space so we’re very familiar with the small- and medium-sized businesses.  We started our first generation webmail application in 2006 and that’s what you all are using today if you’re not using Outlook.  So if you’re on the road and you’re logging into a webmail interface, that’s what you’re seeing is our Webmail version 2.0 interface.

www.fusemail.com has servers in the Kansas City, Ashburn, Virginia, and San Jose markets.  Just to give you a little bit of background about the company and CommuniTech, we all started the company by investing in the company.  So when we earn revenue from the company, we reinvest it as opposed to taking venture capital money.  So this means we don’t have concessions that we have to meet.  This means that we really can set our own destiny and www.fusemail.com, like CommuniTech, has been profitable since day one and www.fusemail.com has enjoyed one hundred percent (100%) growth rates since the beginning of the company.

I wanted to tell you a little bit about the mail clusters that you all are currently hosted on.  A mail cluster means that your data is on two physical servers.  This is for redundancy purposes.  Each one of these machines is either in active or inactive state.  So when an active server goes offline, an inactive server automatically takes over to make sure that your email stays online 24x7. 

In addition to that, www.fusemail.com monitors every aspect of your email service.  Not only do the basics of connecting to our servers, but also minute details that are not customer impacting.  www.fusemail.com is extremely proactive about monitoring all of these aspects to make sure that your service stays online 24x7. 

The three datacenters that www.fusemail.com has: Kansas City, Ashburn, and San Jose, allow us to locate our customers’ data closest geographically to you as a user.  This speeds up greatly the email service to you.

In case any of you are wondering what the hardware looks like in any of our servers, you can see here we currently have eight (8) terabyte capacity of hard disk capacity per machine and twenty-four (24) gigabytes of memory capacity per machine.  We also support Dual x Quad Core Intel Processors on all of those machines. 

And in case any of you are wondering, www.fusemail.com currently processes about ten million (10,000,000) emails a day for all of our clients and this includes much of it is spam and viruses that we are filtering out for our clients.  In addition to that, our incoming email servers process about sixty million (60,000,000) SMTP transactions per day.  These are new emails attempting to be delivered our network.

www.fusemail.com hosts are infrastructure at a datacenter called Equinix.  If anyone is familiar with Equinix, they would know that the datacenters that Equinix provides are extremely state of the art and very, very secure.  These facilities, for example, in the D.C. area have about five (5) different buildings of about two hundred thousand (200,000) square feet plus in capacity.

This datacenter is also home to IBM, Sony, Microsoft, and others that call Equinix home.  If anyone ever gets a chance to tour an Equinix facility, I would highly recommend it, as it is quite a tour going through all of the power infrastructure, cooling, and just to know, if any of you are familiar with internet sites out there that you love to visit every day, just knowing that you walk by and there is www.amazon.com servers or www.google.com or www.yahoo.com or whoever it happens to be, is kind of a neat feeling to know that’s where their infrastructure is.

The datacenter is completely redundant from a power perspective.  You have multiple utility connections to the building, multiple generators, multiple UPS gear and so forth.

The facility also features anti-terror provisions.  So for example, the shipping and receiving area is completely walled off from the datacenter itself.

The building also has no windows and exterior walls are completely bullet-resistant.  When you approach one of these buildings, it doesn’t really look like a datacenter at all, but more or less just a really large building with what looks like no entrances into the building.

When you enter the building, you are put through a rigorous security process of usually an hour or an hour and a half entry process into the building.

www.fusemail.com has just launched this Webmail v3 interface and I know most of you are used to using Outlook on your PCs and so forth, but if you’re traveling on the road or just would like to take a look at our new product, you certainly can log into our new webmail interface, and this is our Webmail v3, as I stated.

You’re going to find this interface is going to look a lot like Outlook.  So for example, you’ve got your mail folders on your left, your message list in the center, and of course, your preview pane over to the right of that.

The interface is completely customizable so you can drag around any of the panels, is what we call them, onto different parts of the screen.  Here I’m just demonstrating the paneling capabilities of the Webmail v3.  As you can tell, we have completely rearranged the interface so that the mail folder’s on the right side and message list and preview pane on the left.  So you, as end-user, can rearrange the interface however you like.

And here we’re just demonstrating some of the calendar functionality of the Webmail interface.  Again, you’re going to find this much like the Outlook that you’re used to using on your PC. 

And again, just the Calendar interface here we are seeing.  We’re just moving an appointment on the week view from the June 30 date to the July 1 data just simply by dragging and dropping.  This is quite unique for a web-based application to operate much like Outlook.

Okay, and moving on, we are seeing the Instant Messaging application that is now available to all customers of www.fusemail.com and I believe www.advisorproducts.com as well.

The Instant Messaging capabilities allow you to securely encrypt all of your communication between Instant Messaging clients.  This means that your employees within your office can have encrypted communication back and forth.  If you’re currently using ICQ, Yahoo!, and many of the other public networks, that is most likely not encrypted in your communication.

In addition to being encrypted, we also support the ability to automatically update your roster list so as you add employees to your company, all of your clients are automatically kept up to date with the latest contacts.  Of course, the interface is completely private labeled so your company logo can show up within the interface.

You also have the capability within that Webmail v3 interface to also access your Instant Messaging client directly without installing a third-party application onto your machine on the road.  This application does still support connecting to the public networks of Yahoo!, MSN, AIM, and ICQ.

Okay, here we are seeing the email archiving interface and www.advisorproducts.com came to us when they joined us about a year ago and wondered where is our archiving interface; what do we have in the plans for it?  So over the past year, we have worked closely with www.advisorproducts.com to come up with an email archiving solution and many of the things were mandatory to be included in the interface you are going to see here in this interface.

First off, the backend for this infrastructure is completely Geo Redundant.  What we mean by that is your data is located in multiple datacenters at the same time.  So for example, you can withstand a complete datacenter outage of say, a national disaster event that would wipe out one of the facilities, however rare that may be.  You would still be online instantaneously in another facility. 

We are archiving both your outbound and inbound email communication, as well as your Instant Messaging communication.  Because this interface is really an insurance policy to make sure that all of your information is stored and archived and is not an interface that you would regularly log into on a daily basis, we will monitor the volume of your traffic to make sure that we are getting all of the communication that is supposed to be recorded and if those thresholds are not met, then we will be alerted so our staff can investigate a technical issue.  So that’s what we mean by volume monitoring.

The interface has capabilities for a Search Engine so that we can process hundreds of thousands of pieces of data and you can search it much like you could going to www.google.com or www.yahoo.com and searching for a website. 

The interface also features audit controls so that you can set up multiple users within your organization, or even a third party such as an attorney or an accountant to log into the interface, but all of the information and everything that that third party or user does is completely logged and also has capabilities of restricting access to those third-party users.

You also have the ability to get email and SMS alerts of certain things that are discovered or archived automatically, you will be alerted that a certain keyword, for example, has been triggered.  So for example, if you put in the keyword “guarantee” as something that you wanted to automatically flag, you would get an SMS or email alert that someone sent or received an email with the word “guarantee” in it. 

And here we’re showing the Search Engine results.  I just searched for my last name, Heitman, and I see the various results that are displayed.

We also will archive your Word documents, PowerPoint, Excel documents and so forth and also make those searchable.  So if we receive a PowerPoint Presentation with various words within in the slides, you will be able to search that just like you could search an email within the interface.

Here we are seeing the advanced search capabilities of the interface.  If you are looking for something specific or on a specific day and you would like to narrow your results, the advanced search is going to be what you would like to use so that you can narrow it down to a specific month and so forth, or search in specific fields of your data that is archived.

With the interface, we do have the capability of also adding comments so as you open a piece of your email, you can actually add a comment to the particular communication so that you can go back to it for historical purposes and search those comments as well as review them in the future.

Over here on the right you are noticing that we have the tags capability.  The tags are something that you can manually turn on for a specific piece of archived communication.  You could also then automatically tag an item if a certain keyword is met.  We talked briefly about the word “guarantee”.  You could set it up so that the word “guarantee” automatically triggers one of the tags for review or data leak or something like that.

You also have the capability of searching within the interface and producing either a DVD copy of your archived data, or also be able to download a zip file of all of the communication or archived information that matches your search results.

And here we are just seeing the start of the settings interface within the application and this will be much further expanded as we get along towards a launch of the email archiving product.

Okay, and that’s all I have for today, so I’ll just turn it over to you, Andy.

Andy Gluckman:        We have a question from one advisor here who’s asked us to cover whitelisting.  For example, Comcast, he says, will not allow one to receive broadcast emails.  Do you want to just explain the whitelisting system that we’ve worked out with you, Bryan?

Bryan Heitman:         Sure.  First, I’m not sure if this is in regard to incoming or outgoing emails, but let me just try to hit both here.

With incoming emails with the email service in particular, you have the capability of whitelisting certain email addresses or domain names.  So within the interface, if you receive an email from susan@mydomain.com, you can go in and whitelist that particular email address so that in the future, if our systems detect that as spam, it will still go to your inbox folder instead of it being detected as spam.

As for the outbound email, if we’re talking about outbound email to Comcast service, this could be forwarded communication, this could be an email communication that you’re sending directly to Comcast, www.fusemail.com actually will monitor to make sure that the servers that we are sending to, we are not blacklisted against.  For example, if we detect that Comcast is rejecting a certain email communication, our staff can work that up in our log files and make sure that that communication gets delivered.

If we’re talking about forwarded communication, this might be a little bit different matter.  Forwarded communication such as an email forwarded, this is being sent from a different server and so we attempt to deliver that to whatever recipient email address we were going to, but if you’re having difficulty with that, that is something that definitely can be researched on a technical support level and make sure that that communication to Comcast server gets sent.

Andrew Gluck:           Good, thanks for that, and by the way, he was mostly concerned about incoming whitelisting, but I think your answer holds up well.  Is there anything you want to add to that now that you know he’s specifically talking about whitelisting on incoming emails?

Bryan Heitman:         No, not really.  Like I said, the income side of it is just a matter of whitelisting the email address or domain name.  It’s pretty easy to do and certainly we can help out that user with it if they have some difficulty in the future in getting that email address whitelisted.

Andrew Gluck:           Okay, and we have a question about the launch date on Webmail 3.0.  Has that been launched yet?

Bryan Heitman:         The interface, yes, it has technically been launched to your www.fusemail.com customers.  It is still in sort of a pre-launch phase for our resellers and higher end-users such as www.advisorproducts.com and we’ll be working with you, Andy, and www.advisorproducts.com in getting that out to your users.

Andrew Gluck:           Yeah, because I know some of this we’re going to be doing in phases as I recall.  The email archiving, I think, is going to be rolled out over the next few weeks, right?

Bryan Heitman:         Yeah, absolutely.

Andrew Gluck:           Regarding the email archivie service – and you and I have covered this, and I think we’re good, but is it WORM capable?  WORM is Write Once, Read Many.  It is WORM capable, correct?

Bryan Heitman:         Yes, if I understand that acronym correctly, that would be correct, yes.

Andrew Gluck:           Meaning that it cannot be deleted.  Do you just want to cover how that works in terms of the archive not being deletable by a user?

Bryan Heitman:         A very good point, and I apologize for missing that.  The interface, once an email or IM has been archived, or any piece of data has been archived within the interface, no user can go in and delete.  This could be spam, it could be email communication that perhaps might be personal, but nonetheless, that communication can’t be deleted so it’s going to remain in the archive serve as long as you’re a customer.

Andrew Gluck:           We have a question about the cost of the service and I’m glad we got that question because what we’re seeing here is a real disruptive technology.  Email archiving, when it was first rolled out close to ten (10) years ago now, I think, that advisors really started, I think after ’99 with the change in the ’40 Act, I believe there was some rule changes and advisors had to start archiving emails.  It was a very expensive proposition.  It’s no longer expensive.  You can archive five (5) email accounts with us now for $200 a year and ten (10) email accounts for $300 a year.  So hopefully that’s going to make some of our attendees smile.

Regarding a comparison of www.fusemail.com capabilities versus www.gmail.com capabilities, obviously the archiving is a real advantage.  What do you think, Bryan?  Can you make some comparisons with www.gmail.com?

Bryan Heitman:         Yeah, absolutely.  I would say that our service was built from the ground up for businesses, with www.gmail.com, I think it’s the opposite.  I think it was built for consumers and it has been adapted to businesses.  In terms of numbers of features and services, I think you’re going to find with our particular products, they are quite more lengthy in terms of the features that we support and the different functionality that you have.

If you just look at the Webmail interface, you’re going to find that the www.gmail.com interface is a very basic interface.  It certainly is an interface that is aesthetically pleasing to certain types of users, but our interface is really designed more of an end-user that’s used to using Outlook.  So you’re going to find the interface looks a lot more similar to Outlook’s type of interface and has the visual aspects of it of being able to customize the interface, drag and drop elements, right-click, and so forth.

So I think those are kind of the really high-level overview of the differences between the services.  Obviously, that would be a long conversation to really dive into too much detail on that topic.

Andrew Gluck:           We have another question about whether the email archiving and IM archiving are included.  Yeah, that’s one price that covers both.  If you want to add Instant Messaging, however, to your email account, please let us at www.advisorproducts.com know and there will be a modest upcharge for that, so please let us know.

If you’re currently using another archive provider, is it possible to transfer the history over to www.fusemail.com?  If not, how do you maintain the history once you transition?  Will they send you CDs? 

I’m going to let Bryan try to answer it, but you’re probably going to have to consult your current provider on your exit strategy.  Whenever you’re getting into a web-based application, by the way, you should know what your exit strategy is before you get in.  Bryan, any thoughts on advisory firms that want to transition over to us?

Bryan Heitman:         Yeah, absolutely.  We are going to provide mechanism for you to be able to move your data from one provider to the other.  Now, there’s going to be certain users out there that that is going to work for quite well and it will be easy for them to extract the information either by DVD or via an IMAP or POP3 connection to that particular server.  We’re going to work with that end-user to get that data over to us. 

Now, there may be some users that simply don’t want to important the data, or they simply can’t get it out of their existing provider.  In those cases then, you would be archiving new communications starting at whenever you start with our service.  I can tell you, like Andy said, with an exit strategy, we’re providing you zip file as well as DVD access to get your information out of our service.  So if you decide to move to someone else, that is going to be very easy with our service.

Andy Gluck:               Yeah, just to make it clear to everybody, with www.advisorproducts.com, everything that we do, we try to make really in your interests that way and that’s why it’s been such a pleasure to partner with a company like www.fusemail.com because they have the same sort of values and way of conducting themselves in the business and very transparent, very easy to work with and it’s really been great for us, so I just wanted to mention that.

I think we pretty much answered all the questions we have at this point about email archiving.  Bryan, if you want to stay on the line, I’m going to talk about some other things, but if you want to hang out, then that would be great, but I’m going to move on and talk about our email newsletter capabilities. 

In case we do have questions at the end of the session, please bear with us, Bryan, and stay with us for a little while.  But thank you very much, Bryan, for that great presentation and for answering our questions about www.fusemail.com’s email archiving and IM and IM archiving capabilities.

Bryan Heitman:         Sure, thank you everyone.

Andy Gluck:               Congratulations on it.  It looks great, Bryan.

Bryan Heitman:         Thank you.

Andy Gluck:               What I want to handle now is some issues related to advanced email newsletters.  There are a lot of features that we offer in our BackOffice that I fear advisors may not be totally familiar with.  Just to give you an overview of the email newsletter capabilities, we rolled it out—email, is of course, it’s a crucial medium for client communication, of course, and in 2001 after 911, we fortunately, at that point, had just finished the work on the email newsletter and rolled it out at that point.  It was a critical time, of course, to get client communications out by email and we were there.  So the product is now – it’s been nine (9) years and it’s come a long way. 

What our email newsletter allows you to do that is very important is that you can send email newsletters using the content that www.advisorproducts.com provides.  Every email contains a brief summary of an article that we produce, and we’re known for producing very excellent content.  We produce about fifteen (15) FINRA reviewed financial news articles each month and they really are financial news.  They’re off the news as much as possible.  I assign all of the articles myself and really look for angles that clients need to know about and that help financial advisors really communicate their value proposition most effectively.

You can have a button on your site that enables visitors to sign up for the email newsletter, so it really becomes a part of your website. 

The email newsletter offers you some very granular compliance controls.  If a BD wants to, it can approve each and every email newsletter before it goes out.  Since a lot of the email newsletters are just apprised of content that’s already been review by FINRA, many BDs don’t feel the need to review each and every newsletter, especially since we can fix it so that the advisors can’t change it.

The other thing we could do is make it so that a BD can, for instance, pre-approve articles so that they know exactly which articles are available for advisors to use in building their email newsletters on our system.  That really can help to streamline the compliance process and speed the delivery of an email newsletter.

Every Friday at 5 p.m. EST, in addition to being able to build the newsletters with our articles, you’re able to send a Weekly Market Update which is really just a summary of what occurred in the markets.  So we’re linking to other articles, explaining what occurred in the markets and in the economy, and we’re summarizing in a table the Index activity over the previous week, showing what bonds have done, as well as stocks.  You can even automate that Market Update so that it will go out automatically to a list that you create and you won’t have to go and send it out every week.  That’s a feature that advisors asked for and we actually implemented it several years ago.

You can also use the email newsletter to send mass HTML emails.  We have a Word-like editor built into The BackOffice.  You can also use our staff, if you have any questions, in setting up an email like that, so the staff can help you with that.

The other thing is that you can create groups in the email newsletter BackOffice that allow you target, say, retirees, business owners, pre-retirees.  Our content is actually created to target those three segments and so we make it very easy for you to segment your client list among those groups. 

Just to show you some of the features and functionality, really how simple it is to use, this is what happens when you log in in the BackOffice.  I just want to point out four of the areas over here.  On the upper left, you can see the menu for managing different features on your website and then the long box on the left shows you how you can change content.  You can click on any of those pages and that is representative.  That’s your site map.  That’s representative of your menu, your navigation buttons on your website.

On the upper right, the button that says View Site, you can actually click on that and it will pop open another browser so that you can view your website.  You can also, below that, click on Edit Site Map and that allows you to add new pages on your site and move around any page to change the site’s navigation menu.  You can actually just point and click where you want different pages to go and move them around on the site in seconds.

And then below that in The BackOffice on the right, you see a picture of me and my blog and company news releases.  So that’s just a quick tour overview of The BackOffice.

Just looking at how you build an email newsletter, we’ll show you this.  A video is available on this as well.  You can just click on the left where it says E-Newsletters and you come to this page where you can Select Articles that are going to appear in your email newsletter.  You just check them off in those checkboxes. 

To the right over there, the red box shows you the dates of the articles and where they appear in your site.  Then you just click on Preview/Send Newsletter.  When you do that, you can see the already-built email newsletter with the stories that you’ve selected. 

Now a client receives an email with your Welcome message and with your branding, and at the bottom of each story that you select for the email newsletter, the client just clicks on click for more and that pops open a browser and takes the client or the prospect or referral source over to your website so he or she sees your entire website, in addition to the specific article.

So what we’re doing is really using our content to communicate and create a conversation and letting financial planning and money management ideas lead the conversation.

Now below that, you can see a button there that says Send to EZ-Data and what I want to touch on is an integration that we’re introducing for the first time here today that is going to be broadened over the next few weeks.

You’re able now to send email newsletters through the EZ-Data SmartOffice web-based CRM system.  EZ-Data is, of course, probably the largest CRM system used by financial advisors.  They have something like one hundred twenty thousand (120,000) users and the company has about two hundred fifty (250) employees.

The E-Newsletter integration that we’re introducing now allows you to leverage many of the strengths of the EZ-Data CRM systems, but it also integrated it with our client portals and our content.  So you could, in EZ-Data create mailing lists, manage all your contacts, and do all of the things that you would do in a CRM system, include embedding your processes and tracking your tasks.  So this is the first stage of our integration with EZ-Data.

Now, the E-Newsletter is, just like I said, phase one and you can expect a deeper integration to be announced where you’re going to be able to assign clients to-dos from EZ-Data and clients can assign you to-dos and reminders from their client portal and that will feed into EZ-Data, so it’s a two-way integration.  The calendar is being integrated as well, and so are many other SmartOffice features. 

For now we’re focusing on the newsletter integration.  We’ve prepared a three-minute video that I’ll just run through very quickly.

EZ-Data Video:          Welcome to www.advisorproducts.com BackOffice Training Review.  In this video, I’ll show you how to send an E-Newsletter from The BackOffice into EZ-Data so that you can send it out to clients or prospects using EZ-Data’s mass correspondence function.

Once the EZ-Data integration has been enabled by your www.advisorproducts.com representative, log into your www.advisorproducts.com BackOffice as the Admin. 

You have a choice to create a customized newsletter with articles you choose, or to send our Weekly Update that contains a snapshot of the main three Indexes and links to articles covering the important topics for the past week.

To create a customized newsletter, click the E-Newsletter link on the left-hand menu.  Start building your newsletter by clicking the Build E-Newsletter link.

The first step is to personalize your newsletter with a custom title, an introductory paragraph, and a footer for your newsletter.  The newsletter intro will appear above your article links.  The trailer section allows you to write a closing paragraph which will appear below your chosen articles.

Once you’re finished customizing each section, click Save and Select Stories.  The next step allows you to select articles for your newsletter.  Select up to four articles from the list by checking them off.

Once you are done selecting your articles, click Save and Preview.  The next section, Preview/Send Newsletter allows you to see what your newsletter will look like.  If you’re happy with the preview, click Send to EZ-Data

Once you’ve successfully sent a newsletter to EZ-Data, you should receive a message at the top that says, “The newsletter has been sent to EZ-Data.” 

You can save your newsletter if you’re not ready to send it yet by clicking the Save Email button. 

When you want to send or edit your saved email, click the Saved Emails link in the left-hand menu.

To edit an article, click the title in the Subject field.  Once you’re ready to send your saved newsletter to EZ-Data, click the Send Email button next to it and then click Send to EZ-Data.

To send the Weekly Update to EZ-Data, click the Weekly Update link in the left-hand menu.  Now you will see a preview of what the Weekly Update will look like.  To send it to EZ-Data, click the Send to EZ-Data button. 

Now log into EZ-Data to send your newsletter to clients or prospective clients using EZ-Data’s mass correspondence feature.  To send your newsletter, click the Sales and Marketing link and then select Mass Correspondence from the dropdown.  Choose whether you’d like to send your newsletter to all clients, certain clients based on a filter, or a set of clients.

Once you’ve made your selection, click Email Form Letter.  Search for the title of your newsletter and then select the latest newsletter from the list.

Before you send it, fill out the email Subject line and then click OK to send it to the list of clients you selected. 

The system will now send the newsletter to the clients you selected.

[End of Video]

Andrew Gluck:           Okay, I just want to thank Steve Shop on our staff for putting together that video for us today.  So hopefully we’ll take some questions in a few minutes, but I just want to cover some other features in the email newsletter. 

Now if you don’t use EZ-Data, quite honestly you could still create groups directly in The BackOffice and create targeted marketing campaigns in The BackOffice.

The way you create a group is just to fill in a couple of fields over here that are highlighted.  Just name the group and click Create Group

When you create the group, you can see the test group now appears and it literally takes just thirty (30) seconds to do that and create your group and name it, and you’re ready to do some niche marketing.

The way you create your list is you can upload a master list from say, Excel.  You’ve got all your client contacts in Excel.  You can export them to an Excel spreadsheet and then you can also manually upload each email if you want.  Of course, that’s going to be a lot more time consuming.

You create that master list and then just check off the names, as I’ve shown you here, that you want to appear in your new group – in your targeted-marketing group.  The names then show up on the left side.  The group is populated with all of the names for a targeted-marketing list and, like I said, we have content specifically geared to different target markets.

Another feature that I want to cover briefly is some advances that we’ve made in our online Portfolio Reporting System.  We offer portfolio reporting integrations with many of the Portfolio Management Software Systems and the way that you are going to use this is a client can log into his portal and that’s going to allow him to look in the vault for his performance reports. 

I’m going to just quickly log into the client portal system and I’m going to show you where the reports reside in the vault.  A couple of the features that we’ve added lately are pretty useful to advisors.  I don’t believe they’re available from other online providers. 

One thing you could do is when you go into the Detailed Report section – we have many reports – and what we’ve added most recently is the ability to print any of these reports.  We’ve created a printer-friendly version of each of these reports that your clients can now print out.

The other feature that we’ve added is the ability to export to Excel so again, you can click over here and your client can now export his transactions or holdings.  Any of these reports that we create can now be exported to Excel.  You can see that the reports are quite nice and these are, of course, HTML reports so that allows you to be able to click on any link also and see just a ton of other information about a security.  On stocks, this feature is particularly good.

That pretty much covers the enhancements to Portfolio Reporting and so what I’d like to do at this point is just open it up to some questions.

Question:                   Are the emails copied to the BD automatically?

Answer:                      Like I said, there are granular controls in the email newsletter.  The BD can have as much control as it needs.  We really do offer a very—there are a lot of options, so if the BD wants to see every email newsletter, then they can.  An email is automatically generated by the system telling the BD compliance person, or if it’s an RIA, it could be a compliance consultant, of course, but an email is automatically generated when you want to send an email newsletter telling the Compliance Officer to log in and look at the email newsletter.

Question:                   Can I place a button on my website offering free signup to the email newsletter and automatically enroll them into the database?

Answer:                      Good question and the answer is yes, absolutely.  You can.

Question:                   Can we upload email addresses to The BackOffice from www.fusemail.com’s Webmail application?  Brian, if you’re still with us, can you generate a plain file of email addresses that can be downloaded?  Is that within your system?  I wonder.  I kind of doubt it, but I wonder if you can do that.

Answer:                      No answer – Bryan dropped from the call.

Question:                   Is there a setup cost?

Answer:                      There is a setup cost on the email newsletter system of, I believe, $300 and the system is available for $500 a year.  Of course, you need to have our content in order to fully utilize that.

Question:                   Is there a setup cost for email archiving?

Answer:                      No, there is no setup cost for email archiving.  I don’t believe that we’re going to be charging a setup cost for that.  I’ll double-check that, though, but I don’t believe we are.

Question:                   I have a question about www.finfolio.com, and whether that’s going to be integrated into the client portal.

Answer:                      Matt Abar and I are old friends and we probably will get into that.  I think he’s had other fish to fry in trying to get his company off the ground, so we’re not ready.  I don’t think he was quite ready for that yet, but I look forward to working with Matt on that.

Question:                   Are the emails personally addressed?

Answer:                      Good question, and the answer is no, not in the current version.  That is a feature that we’d like to add and we will be working on that.

With that, I just want to remind everybody about some other things going on.  This week we are going to have, on Friday, our Financial Crisis Webinar Series (http://www.advisorproducts.com/webinars.aspx) will continue and we’re going to have a really great session about reducing client failures. 

You may want to check out my column in Financial Advisor Magazine, http://www.fa-mag.com, before coming to that session.  I interviewed David Maxfield, who is the Research Director over at www.vitalsmarts.com

The story is called Advisors Who Get Firedhttp://www.fa-mag.com/component/content/article/4262.html?magazineID=1&issue=110&Itemid=73.

David and I created some original research in which we surveyed advisors and got their answers and that’s what he’s going to be talking about on Friday, and that’s what this article is about. 

David is the author of The Power To Change Anything and www.vitalsmarts.com, where he is the Research Director.  It’s a consulting firm mostly to Fortune 500 companies.  www.vitalsmarts.com was founded by the authors of a best-selling business book called Crucial Conversations that is really an excellent book.  If you haven’t read it, then you really want to pick it up.  So that’s Friday.

Other upcoming sessions that we’re going to be having include how to prepare your firm and your clients for the possibility of another stock market slide.  Of course, in the couple weeks since we planned that, the market has started to dip.  Maybe I ought to do a story about preparing for an upturn in the market.  Maybe that would work.

Please also, on the way out, fill in our exit survey.  Another thing that you might want to check out is a website that we built about our integration with www.redtailtechnology.com and www.financelogix.com.  That website is www.integratedadvisor.com and is really just a lot of information about how you can use the client portal system with www.financelogix.com, a really beautiful-looking financial planning system and with www.redtailtechnology.com, so please check that out.

And then also check out the Financial Crisis Webinar Series www.advisorproducts.com/webinars on Friday, but you can now go to our site at any time and see replays of Webinars.  Just click on the gray button on the right and see replays of all of our webinars and CE credit for many of them.

Also, we now host the MarketingSmart Webinar Series, http://www.advisorproducts.com/mswebinars.aspx, so check all of those out also available from our homepage.

I am tweeting all the time about Advisor frauds, the continuing saga, and stream of frauds that we’ve seen recently and also check out my article in Financial Advisor Magazine, http://www.fa-mag.com.

Once again, I want to thank Bryan Heitman, our guest from www.fusemail.com today, and thank all of you for attending and please let me know if you have any questions.  You can always email me at agluck@advisorproducts.com or give us a call at (516) 333-0066 and the extension for the Sales Department is 224.

Thank you all for coming and we hope that you found this useful.  Please join us the second Wednesday of every month for our MarketingSmart Webinar Series, http://www.advisorproducts.com/mswebinars.aspx.

Thanks again.

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