MODULE: POLICY >
Asset allocation strategies play a vital role for investors who are trying to achieve lifetime financial goals.
The WealthManager provides advisors with the ability to easily capture data about a client or prospect’s current financial picture and long-term financial goals. Along with creating a presentation quality investment policy statement (IPS), the WealthManager will attach different firm-designed asset allocation strategies and portfolio models to the client record, track client approval, generate, store, and track proposals, create trade lists, and alert appropriate members of the firm should the client’s goals deviate from the agreed to IPS.
COMPLIANCE MONITORING
WealthManager’s ongoing monitoring and follow-up functionality allows advisors to focus on the client and not on administrative tasks. Portfolios are automatically monitored to confirm that asset allocations are within the client’s preferred tolerances. Should there be any deviation from the client’s policy statement, the advisor’s team, management, or compliance personnel are automatically alerted. In the current business climate, compliance issues require more attention than ever. The WealthManager enables firms to significantly increase their compliance vigilance.
STANDARDIZED TEMPLATESIn order to offer professional, personalized statements, your firm can create investment policy statement templates and maintain them at the corporate, regional, or branch level. Management has the ability to reject, approve, or forbid investment policy statements that do not fall within the tolerances of the standardized templates.