Solutions for Private Wealth Managers

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• The rebalancing of, or the implementation of reserach to, client portfolios takes up a large amount of time and effort resulting in lengthy administration processes or an unscaleable business model.
• There is a reluctance to offer bespoke functionality to all but the High Net Wealth clients because of the effort required in maintaining existing client portfolios.
• Private Wealth Managers or their administration staff are spending a large percentage of their time carrying out non revenue generating activities
• Compliance and regulations further burden your staff and their ability to offer a completepersonalised service to their clients.
• Competition is eroding margins and new entrants are making this even more competitive e.g. Stockbrokers, Financial Advisors etc.

• Too much time is spent on non revenue generating tasks
• Clients are not high net worth individuals are not getting a personalised experience. This means they may be tempted to move their business to firms that can offer greater tailoring to their needs
• Smart people wish to do smart things, and so when burdened down with administration many staff look for work which is more interesting, potentially outside the organisation
• When investing their money, clients tend to look for firms that offer them the best overall personal experience.
• A combination of the above creates added pressures on an already highly competitive area

• By saving time and money in managing your client portfolios, Financial Simplicity can significantly improve operational efficiency.
• By offering a scalable solution utilising a process that requires the same amount of effort to manage tens, hundreds, even thousands of portfolios as it would to manage a handful.
• Improve client servicing by being able to accommodate all client rules, preferences and constraints, which means that clients feel that their own individual needs are being catered for, rather than being dealt as part of a larger group.
• By removing unnecessary administration tasks, this frees up staff to carry more client-centric tasks.