The banking landscape in America has been dominated by large financial institutions over the last few decades. However, the community bank still plays an integral role in the fabric of communities across the country. These banks put a premium on personalized customer service and relationships.

First Rate has been providing a robust performance reporting platform to large trust institutions since 1992. Our niche has been the ability to process hundreds of thousands of returns each night and then serve up these returns through our various reporting layers. First Rate Advisor Express is a web-based reporting tool that allows investment professionals to log in and quickly run report packages on their various accounts.

Users can run any of our approximately 80 report templates through Advisor Express but in serving clients over the years we’ve found that most clients, regardless of size, will almost always run the same package of 5 or so templates and then supplement them with some of our other reports.

First Rate Lightning was created to pre-define some of these most commonly run reports into two different levels of service. The Lightning report package includes our most commonly run report which includes financial data, return information, and allocation information all on one page. Lightning Plus includes the Lightning report plus additional templates which show data all the way down to the position level.

Our desire is to offer the same quality of reporting to investment institutions of any size. We have partnered with a data aggregator to help with normalizing and reconciling your data so that we can compute performance on any client regardless of the custodian. We have also partnered with the leading asset classification firms to map assets into industry and style-based asset classes.

First Rate Lighting can put crisp, sophisticated reporting at your fingertips and free up your investment professionals to continue their focus on community-based customer service.

Rob Bethmann( General Manager, Service Bureau )

Rob Bethmann joined First Rate as the firm’s 10th employee in 1998. He has served in multiple business units in the company and currently serves as a Director and General Manager in First Rate’s Service Bureau. In this role Bethmann manages a staff of analysts and focuses on the delivery of our outsourced offering as well as growing the business in the future.