Harbour was founded in January 1987, in the beautiful city of Madison, Wisconsin by President and CEO, Nick Sondel. When Nick established Harbour, he envisioned a broker dealer that truly was different from all the others. One that values strong working relationships, loyalty, personal connections, honesty, and integrity. One that gives flexibility for representatives to run their businesses within the confines of prudent investing.
In April of 1987 Harbour acquired its first representative and established its long time headquarters at One Odana Court.
Harbour saw rapid expansion through the recruitment of two large groups.
In March of 1990 Hydra joined Harbour.
In July of 1990 PDI joined Harbour.
Many reps from these groups are still with Harbour more than 25 years later
Harbour makes a significant push to leverage technology with Ops (WinOps). This helps automate the compliance and commission process.
Harbour starts the journey to move to a paperless office with implementation of LaserFiche.
WealthServ Investments replaced WebOPS in August. WealthServ is a complete backoffice solution for communication with our Advisors and their clients, replacing three former software programs and creating a time saving processing flow. WealthServ capabilities include commission reports, consolidated statements, document storage and retrieval, compliance regulations, reports, CRM functions, business practice reports all from a web browser. These improvements in efficiency allowed for many backoffice personnel to change from data entry positions to service positions giving personal attention to our Advisor base.
Harbour moves headquarters from our humble beginnings at One Odana Court to a beautiful and modern office at 575 D'Onofrio Dr.
In an effort to make the firm more RIA centric, Harbour becomes one of the first broker dealers to to utilize Pershing Advisor Solutions. This lowers costs advisors and clients and offer more technology solutions to both advisors and clients. Harbour chooses to not charge administrative fees for processing advisory business, something that makes us unique to this day.
Harbour expands its advisory offering to include the services of Charles Schwab. This not only gives more flexibility to advisors but opens the door to no fee ETF trading.
Harbour becomes the first broker dealer of its size to offer Morningstar Office to advisors. Morningstar Office is our complete practice and portfolio management system for independent financial advisors. It features robust portfolio management and performance reporting, advanced research capabilities, sophisticated investment planning and secure communications using the Client Web Portal.
Harbour advances its paperless office by enhancing its back office approval workflow to be completely paperless.
TD Ameritrade further expands the Harbour advisory offering including unified account management with professional money managers on their UMAX platform (Envestnet).
Great advisory options lead to 2016 being the best recruiting year in firm history.
Growth continues on the back of recruiting from our unique advisory solutions. Harbour has a record year in almost every category.
2018 was a fantastic year for the firm, exceed all growth expectations once again.
Yet still, 25 years later, we remain rooted in the same midwestern values that are the foundation for our success. At the heart of those values are honesty, integrity and service. At Harbour Investments, it's the people who make the difference and we strive to make long lasting personal relationships.