According to a statement, Partners In Planning will use FinPal’s financial planning software solution, as it aligns with its business objectives.
FinPal’s founder and CEO Stephen Handley said Partners In Planning is an ideal partner in this early stage of the company’s growth.
“We’ve been using FinPal in our own financial planning business for the past three years, so it’s easy for us to articulate the benefits. By working with an innovative business like Partners In Planning, we know we’ll receive valuable feedback, which will allow us to improve the software even more,” he said.
Over the next six months, FinPal is planning a limited release of its software to a small number of firms, followed by a full release to the broader market in late 2017, the statement said.
“By taking a hands-on approach during the transition to FinPal, we’ll ensure our customers receive maximum value as quickly as possible. Once we’ve tested our migration process, and can ensure a quick and smooth transition, we’ll be in a position to deliver the same positive experience more broadly,” Mr Handley said.
“A phased rollout allows us to reward early adopters with reduced licensing fees and an opportunity to participate in any capital raising we undertake.”
Partners In Planning founder and principal adviser Paul Pellegrino said, “In order to build a business that exceeds our clients’ expectations, while also remaining profitable, we knew we needed a software system that would make it easy to manage all aspects of our business.
“After reviewing numerous options, we settled on FinPal’s solution because it was built by advisers who understand the needs of a modern financial planning business.”
