PCR aggregates all assets for ultra-high-net-worth investors and their advisors from hundreds of custom-built electronic data feeds. This new partnership automates a proprietary CCC discovery process that identifies recovery opportunities in the data streams of PCR’s clients and alerts advisors of potential actions. The advisor can then delegate the entire claims process to CCC, from the initial class action filing through distribution of payments to clients. The advisor can track and monitor all of its clients’ claims and distributions through CCC’s online portal. Fees are charged on a contingency basis, with the client being the ultimate beneficiary.

“PCR has spent more than a decade helping advisors better counsel their clients through a unique aggregation of marketable and illiquid data sources enriched to the level of analytics-ready quality. We are extremely excited about our partnership with Chicago Clearing and the opportunity to enrich this data further—returning important economic value to clients,” said Robert Fiore, President and CEO of PCR.

James Tharin, CEO and Founder of Chicago Clearing Corporation, believes that its partnership with PCR will bring substantial benefit to PCR’s growing client base. “We are very excited to begin working with Private Client Resources. This relationship will further our mission to recover the funds owed to all harmed investors while helping money managers fulfill their fiduciary responsibility. PCR’s clients can now rely on Chicago Clearing Corporation’s considerable experience, expertise, and dedication to manage all of their class action settlement claims forever.”

About Private Client Resources
PCR, founded in 2000, serves ultra-high-net-worth families and their advisors by providing an aggregated total wealth view of their complex assets and liabilities. More than screen scraping and other technologies that share usernames and passwords, the PCR platform focuses on authoritative analytics-ready data obtained through secure authorization and reconciled feeds. PCR delivers unmatched coverage of alternatives and other illiquid assets at a data accuracy and availability service level that consistently exceeds 99.86%.

About Chicago Clearing Corporation
With more than two decades in both the legal and the financial industries, CCC is the premier securities class action recovery specialist. CCC has recovered over $400 million for harmed class members since its inception in 1993, and over $250 million since 2009 alone. CCC’s core markets are registered investment advisors, family offices, bank trust departments, hedge funds, proprietary trading firms, pension funds, mutual funds and high-net-worth individuals. An example of CCC’s value to its clients is the Bank of America settlement. In Bank of America alone, CCC filed more than 53,000 claims for its clients and recovered over $25 million in settlement payments. Over 1,400 institutional clients turn to CCC to manage their securities class action recoveries, allowing those clients to focus on investing for themselves and their clients.

Contact:
Gregory Roll
Private Client Resources, Inc.
203.210.0047
[email protected]
http://www.pcrinsights.com

Gerry Boschwitz
Chicago Clearing Corporation
612.804.8740
[email protected]
https://www.chicagoclearing.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/private-client-resources–chicago-clearing-corporation-announce-new-partnership-300302346.html

SOURCE Private Client Resources