Asendium is transforming the way financial advisers deliver advice, through a dynamic platform that creates all required advice documents at the same time, through one instance of data entry. It is designed to eliminate the manual part of advice generation, thereby creating more time for advisers to work with clients and build their business.
My Dealer Services – a consultancy business that helps financial advisers across. arrange of areas from compliance management to establishing an independent AFSL – provides recommendations to its members on how to drive efficiencies within their practices.
“Asendium will be at the forefront of advice efficiencies, and we are at the forefront of progressive solutions," My Dealer Services director, Alexander Euvrard, said. “We know that across the more than 70 AFSLs we work with, advisers are looking for tools that allow them to more directly engage with client, and technology really has to be that solution."
“Working with Asendium really is a meeting of minds, ideas and thought leadership."
My Dealer Services provides AFSL establishment and compliance services to its customers, with compliance also a key benefit of the Asendium product suite.
Asendium acts as ‘guard rails’ for developing compliant advice, and advisers can generate in-house, next day comprehensive and personalised advice – for a multitude of advice steps including fact finds, strategy papers, file notes and instant statements of advice – in a matter of hours.
“We are excited about supporting the My Dealer Group network as they look to use technology to enable the transformation of their businesses," Asendium CEO, Scott Miller said.
“The future of financial advice is not about management an unwieldy book of clients inherited as part of a large licensee structure. It will be about delivering a more personal and valuable service to clients, and technology allows advisers and their paraplanning teams to create the time needed to build those increasingly valuable relationships."
Using technology effectively can help financial advisers work with more clients, not fewer as recent trends indicate.
“Importantly, as the number of advised Australians remains static at around 20%, practices using technology efficiently – and with a redeployed paraplanning team providing valuable client relationship development services – will be able to work with more clients, not fewer, with better client relationships than ever before," Miller said.