Financial advisors who use a technology that enables them to automate portfolio rebalancing for their clients can shave the process down from 350 hours annually to 100 hours, according to new research released by CEB TowerGroup.

That number is based on CEB TowerGroup’s calculation on how long it would take to manually rebalance for an average number of clients, and the estimate for how much time can be saved may be conservative, according to Darrin Courtney, research director of wealth management at CEB TowerGroup.

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