AdviceSimplicity (advicesimplicity.com.au), an innovative para-planning and consultative platform, has been launched to help Australian financial planners efficiently produce compliant advice and related documents.
Managed by the same team behind AdviserLogic software, which has over 50 years combined experience in financial services and technology solutions, AdviceSimplicity product manager, Daniel Gara, said the platform was born out of the need for financial planners to outsource the day-to-day preparation of compliant Statement of Advice (SoA) and related documents.
“We believe that because AdviceSimplicity improves the financial planning documentation process, it helps free financial planners up to focus on what they do best,” Mr Gara said, “and that is relating with their clients on a personal level, explaining complex strategy and working out exactly what the client needs from the advice process.”
AdviceSimplicity can create documents based on existing templates, as well as being able to source personalised information to ensure documents are professional and fully compliant with licensee guidelines. AdviceSimplicity will also facilitate the construction of practice management tools, such as establishing and defining workflows, risk profiles, model portfolios and internal reporting, further freeing financial planners up to spend more time with clients.
“The AdviserLogic team is continually focussing on developing initiatives that make it easier, more efficient and more cost-effective for financial planners to work compliantly with their clients,” Mr Gara said. “We believe AdviceSimplicity offers another great way to help them do just that.”
