GPS Wealth MoneyBowl offering gains traction
Independently-owned dealer group GPS Wealth has gained further traction with its cloud-based MoneyBowl software.
The company announced this week that 75 of GPS Wealth's accountants and financial planners had adopted the software since it was launched in July, last year.
Commenting on the development, GPS Wealth general manager, practice development and coaching, Paul Pavlic said the company was seeing more take-up of the software as it released more modules.
MoneyBowl, launched in July last year, is aimed at lifting productivity with straight-through processing, bolstering compliance with multiple automated check points, and raising engagement.
Pavlic said there were eight calculators contained within MoneyBowl to facilitate a ‘game of money' conversation and provide clients with personalised advice at different ages and stages of life.
The announcement said that within the next three weeks, MoneyBowl would also contain a new calculator called DISCOVERY which would take care of clients who were in pre-retirement, retirement, small business owners or sell down phase, as well as investment trusts, investment companies and could model up to 10 investment properties.
It said GPS Wealth had this month further bolstered MoneyBowl's functionality with the release of the Perfect Foundations module, which helps advisers assess clients' current financial position.
It has also welcomed DocuSign as a partner, which now allows accountants and advisers to go paperless by verifying documents with electronic signatures.
Recommended for you
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
