In a statement, Advice Intelligence said its new Version 1.0 software platform will “enable advisers to increase their ability to scale, meet prospective clients and satisfy best interest guidelines” and assist advisers in bringing down costs.
“The software tracks client goals, cash flow and insurance with each client receiving an instantly-produced, online statement of advice. Paraplanning is removed from the advice process. With the release of Version 1.0, investment and super advice modules will follow in the near future,” the statement said.
The software also has a client-facing app to assist in tracking personal finances, with Advice Intelligence founder Jacqui Henderson adding this will make the advice process smoother.
“This client-facing experience enables advisers to actively demonstrate to clients that their individual goals are at the heart of the advice process. By refocusing the outcome on client goals rather than financial products, any friction that exists is removed,” she said.
Ms Henderson said the software is intended to equip advisers to manage the challenges posed by regulation.
“Our aim is to empower financial planners with the software of the future and support the industry in its transition to an efficient, respected profession,” she said.
[quote=Intheknow]Beta tested across numerous clients and v1 reflects how software gets built today. Anyone thinking paraplannig and offshore SOA production has a future has their head buried in the sand. [/quote]
An employee posting anonymously? How professional.
Beta tested across numerous clients and v1 reflects how software gets built today. Anyone thinking paraplannig and offshore SOA production has a future has their head buried in the sand.
Lets give it to ASIC to test. Oh sorry they are reactive , not pro active .
Version 1.0? Let’s get to Version 5.3 and then we’ll have a look.
I call “rubbish” robo advice and SoA’s put together by computers will never replace a good paraplanner completing personalised SOA’s
Winter is coming…..
sounds great. Does it actually work though?
How about a quote from an advice business that is using it already. Surely it’s been beta tested?