A recent report from Aite Group, LLC states, “Data is the lifeblood of every wealth management firm, but selecting the appropriate data consolidation strategy is no easy task.”
According to the report, "providing holistic wealth management is a key differentiator for financial advisors, as it allows them to address clients' needs and goals in a holistic manner and ultimately establish a closer relationship with the client. However, providing holistic wealth management without the necessary technology support can become an expensive and time-consuming undertaking. While a robust data consolidation infrastructure is a key prerequisite for holistic wealth management, many firms are struggling to build this vital infrastructure component in-house, and are increasingly looking to outsourced solutions.”
Enterprise Data Consolidation, Firm Hierarchy, EMP, Morningstar Asset Classification Schema, Account Executive, Implementation and Production Support Services, Home Office Training.
Advisor CRM, performance reporting, client access, Morningstar asset classification schema, front line customer support and access to production support, continual training availability.
