Financial advisors represent the coal face of investment advice since they physically engage with the clients, conduct a needs analysis and fulfil the need for a trusted advisor. However, many of these investment advice duties are being replaced by robo-advisors which efficiently assesses needs and automatically constructs relevant portfolios.
There are also other processes that financial advisors undertake that can be streamlined or automated. In particular on the client side the guidance process, compliance issues, acquisition and assistance with document management. Fintechs have also simplified administrative tasks such as payments.
Here are some from the Matchi platform:
Customisable tool for life insurance companies, asset managers and private wealth managers to help their clients comply easily with the ever changing and complex Capital Gains Tax legislation.
Fintech Themes: Wealth Tech / Robo Advisors, Regtech
Guide sales staff through consistent and compliant need analysis conversations with clients, actioning sales and record all steps for compliance purposes.
Fintech Themes: Client Experience, Artificial Intelligence / Digital Labour
Single mobile and web user frontend (for Financial Advisor and customer), enables multiple financial product platforms to be integrated.
Fintech Themes: Idenfication & Verification, Mobile VAS / Mobility
Customisable multi-asset tracking platform that allows multiple specialist advisors to view a client`s full wealth, including physical assets.
Fintech Themes: Wealth Tech / Robo Advisors, Mobile VAS / Mobility