Asgard Wealth Solutions has changed the name of its planned financial planning and practice management software package to AdviserNETGain, ditching the working title of Tropicana.
Currently still under development, AdviserNETGain will be made available to advisers from the end of this year, including within its dealer group Securitor Financial Planning.
The new name “evolved naturally” out of Asgard’s desire to develop a software solution that allowed advisers to “increase productivity and gain time to spend with clients”, according to director of distribution and sales Wayne Wilson.
“It was also logical to capitalise on the name of our existing platform software, adviserNET, which has won multiple industry awards as an online service for planners over the past three years.”
“Finally, the choice of name seemed perfect because AdviserNETGain will be the single portal through which users of the new solution will access adviserNET.”
Unveiling the new name has coincided with the release of an Asgard survey of more than 200 planning practices that revealed ‘ease of use’ is what most planners want from their financial planning software.
Undertaken by research house Investment Trends, the survey also found planners highly rate software that has an ability to easily produce plans for clients with complex investment needs, as well as a facility to efficiently undertake scenario modelling for clients.
Additionally, more than 90 per cent of planners said they would prefer to conduct planning tasks and product administration through one integrated system, finding it frustrating to have to switch between multiple solutions to undertake tasks.
In accordance with these findings, Wilson said AdviserNETGain would have “one system with a single data entry point that seamlessly integrates an adviser’s front office processes with their back office activities”.
“Our research reveals that [most] respondents use multiple applications to service their clients and manage their businesses — our objective with AdviserNETGain is to get this down to one.”