Nine Mile Software, Inc. announced yesterday the release of TradeWarrior Small Business version 1.0. TradeWarrior is a portfolio rebalancing and trading tool. The design of it is specifically for the growing Registered Investment Advisory (RIA) marketplace. TradeWarrior Small Business significantly reduces the time it takes an RIA firm to trade and rebalance their book of business.

Damon Deru, CEO of Nine Mile Software, Inc. stated yesterday, “We are excited to release TradeWarrior into the market today. This culminates over two and a half years of commercial development on the software. TradeWarrior offers a new level of functionality and affordability for advisors.”

Key features of TradeWarrior include the ability to run the program on a desktop or an Internet browser, and household (multi-account) based rebalancing. It makes it possible to manage client cash withholdings and distributions easily. It supports all major custodians (Charles Schwab, Fidelity, TD Ameritrade and Pershing). It also includes multiple Model types such as Security Specific, Asset Class, and Model of Model target allocations.

In addition, TradeWarrior features dynamic account filtering and grouping, and its built-in “Errors and Alerts” system warns of potential problems. The software rebalances thousands of accounts in minutes.

Ryan Sullivan, CTO of Nine Mile Software, said, “TradeWarrior has been developed, refined, and used successfully by advisors and back-office traders to quickly rebalance client accounts in a rules-based manner. TradeWarrior’s low cost, intuitive user interface and stellar performance will help bring a new level of ROI to the rebalancing software market.”

Damon Deru further said, “I’d like to personally thank all the stakeholders who have believed in us from the beginning. I’d also like to thank our users and beta testers who have provided invaluable feedback and direction on the program. Lastly, I’d like to thank the employees of Nine Mile Software who have put in a lot of hard work and long hours to make this happen.”

Headquartered in Layton, Utah, Nine Mile Software, Inc. is a financial services software company. Founded by former investment advisors, the Company provides a practical real world approach to solving the rebalancing and trading needs that advisors face. TradeWarrior Small Business is the first commercially released software from Nine Mile Software, Inc.

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