DMS Advisor Online system for Meritum advisers
Meritum Financial Group has rolled out Dealer Management System’s DMS Advisor Online product to more than 90 of its advisers nationally.
The DMS Advisor Online system allows the dealer group’s advisers to “view the value and progress of their commission payments and apply sophisticated reporting tools to analyse practice profitability”, according to DMS sales and marketing manager Kurt Smyth.
It gives advisers “access to comprehensive management and activity reporting, with the ability to track business lodged and payments received”, he said.
The Meritum rollout coincides with a deployment of the system at the 80-strong financial adviser network of Matrix Planning Solutions this month, following an announcement by the dealer group last month.
A recent product development, DMS Advisor Online has also been deployed at RetireInvest, Guardian, Bongiorno, Consultum, Capstone, Millennium 3 and FSP.
Meritum executive director Theo Christopoulas said the decision to implement DMS Advisor Online was about “reducing advisers’ administrative burden, allowing them to spend more time with their clients”.
“We have chosen DMS’s product for its ease of use and online functionality, and its capacity to enable advisers to analyse their clients by profitability.”
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