advent.com | info@advent.com A few years ago, CPS Investment Advisors faced a “good news/bad news” problem. The Lakeland, Florida-based wealth management firm was growing rapidly—that was the good news— but at a pace that exceeded the capacity of its technology platform to keep up. “Being an advisor for retail and high net worth clients rather than institutions, we were running into a high number of accounts per client,” recalls Senior Portfolio Analyst Michael Scott. “With around 2,300 households, that meant more than 4,000 accounts.” Moreover, a relatively small percentage of clients accounted for a majority of the firm’s assets and fees. “Larger accounts may pay more than smaller ones, but it takes the same amount of time to manage a small account as a large one,” Michael p

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