National dealer group Matrix Planning Solutions has announced that it has successfully integrated the Dealer Management System (DMS) adviser online software into its administrative framework.
Matrix Managing director Allison Dummett said the group made the decision to make DMS available to advisers free of charge as part of its suite of services.
According to Dummett, the integration of the new software was part of Matrix’s plan to grow its national framework of advisers over the coming years, as announced earlier this year.
“Fundamental to the success of the dealer group’s growth strategy was the need for a platform that would address Matrix’s business operation requirements and also provide a bridge for advisers between their financial planning software and their business management, reporting/forecasting and income processing objectives,” Dummett said.
DMS sales and marketing manager Kurt Smyth said since its introduction in July, DMS adviser online has provided immediate benefits for the dealer group’s advisers.
“Matrix advisers now have a more comprehensive understanding and insight into their business revenue and are better equipped to implement business strategies to grow their practices and operate them more efficiently and profitably,” he said.
“DMS adviser online provides many benefits, and these include transparency of revenue information, a bridge between planning softwares, fully functional budgeting system and business analysis by fund manager, investment product, state or region.”
According to DMS, the software system is currently employed by more than 2,000 advisers nationwide.
