Feedback from the recent Money Marketing RDR Invitational seminars (at which we were sponsors) indicates that while some firms are well positioned, many others are still wrestling with the various challenges that becoming RDR compliant, entails.
There is no doubt that proposition management is critical to the success of wealth advisory firms going forward. The seminars explored ways to develop a competitive and compelling proposition that will provide clients with a service they will value and at a price they are willing to pay. The next step is to deliver it.
That’s why we are delighted to launch proposition management within Dynamic Planner. Proposition management allows wealth managers and advisory firms to:
A number of our clients were treated to a preview of proposition management at a breakfast seminar we held yesterday at the prestigious Eight Club in London. They also heard how other wealth organisations are preparing for RDR and shared views on the opportunities and challenges ahead. Thanks to Ernst & Young, Simply Biz and F&C Investments for their informative and stimulating presentations.
Neil Stevens, Joint managing Director of the Simply Biz Group says "We see an unstoppable trend in advisers de-coupling their business and processes from all forms of product and platform provider to ensure they are commercially robust and sustainable.
Distribution Technology is at the forefront of this transition and their proposition management solution demonstrates the extent to which they understand the needs of the adviser and their commitment to this sector.”
If you would like to find out more about proposition management, then please download the factsheet or contact us for a demo.
Proposition management is available with full intermediary licences for Dynamic Planner, with the option to provide a bespoke solution for Enterprise clients.
Please also let us know if you would be interested in attending our future seminars on:
We are pleased to welcome new Dynamic Planner clients, Moneygate, who have taken multiple licences for full Dynamic Planner along with Medical Money Management and Torquil Clark, who will be using the Dynamic Planner risk profiling and planning tools. We are also pleased to announce that around 800 advisers now have access to free risk profiling within Dynamic Planner, following two series of seminars with the Prudential and Money Marketing. This free version offers ‘lite’ functionality, which allows advisers to provide their clients with a risk profile. At the same time, they have the opportunity to upgrade the version to include the asset allocation and portfolio x-ray functionality within Dynamic Planner. Enquiries are strong and as a result, we are looking to strengthen our sales and support teams further.
At the same time, we are continuing to receive tremendous interest in our fund risk profiling service. This quarter we have extended the number of funds that we have risk profiled for Apollo Asset Management and we have recently signed deals with several of the UK’s most renowned asset managers and discretionary fund managers. Our Winter release will include further functionality in Dynamic Planner with regards to risk profiled funds – so please keep an eye out for the January update.
If you would like to discuss anything in this bulletin or want to know about how we can support your business further, please do get in touch with me or the team.
Shelley Robertson, Marketing Manager
