Financial Simplicity simplifies review process
|
|
Financial Simplicity has announced the release of new portfolio review technology that allows users to generate mass 'single batch' client tailored reviews in moments.
The Financial Simplicity Enterprise Edition also enables financial advisers to implement simultaneous portfolio modelling and rebalancing decisions for all clients in one keystroke.
Stuart Holdsworth, managing director, said the developments would significantly increase cost efficiencies for portfolio managers and wealth advisers.
“In this new era of client-centric wealth management, wealth advisers are looking to add demonstrable and quantifiable value to sustain ongoing advisory fees,” Holdsworth said.
“For many, this value-added component is best achieved during the portfolio construction and review process.”
Holdsworth believes the technology will help advisers react to market movements and consequently make changes to model portfolios “as fast as possible, in an accurate, consistent and repeatable manner”.
Recommended for you
Adviser Ratings has revealed almost 400 advisers joined the FAR in the third quarter but, with just seven weeks to go until the education deadline, more than 1,000 could depart in the upcoming two quarters.
Pengana has appointed a senior fund manager from Tyndall Asset Management to join its Australian equities team, who departs after 18 years.
Advisers are underestimating how much time they spend on non-advice work, creating inefficiencies within their practice which has a financial impact on their bottom line, according to Elemnta.
Hudson Financial Planning has partnered with OpenInvest to launch an online investing solution designed to address Australia’s advice accessibility challenge.
