Financial advice disruptor sets out to transform the industry

The service provider to over 250 financial advisers, My Dealer Services has chosen Asendium as its preferred technology partner, with the latter said to transform the way financial advisers deliver advice through its dynamic platform that creates multiple documents through one instance of data entry.

“Asendium will be at the forefront of advice efficiencies, and we are at the forefront of progressive solutions,” My Dealer Services director Alexander Everard 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 clients, and technology really has to be that solution. Working with Asendium really is a meeting of minds, ideas and thought leadership.”

Recent trends have indicated that using technology effectively can help financial advisers work with more clients, not fewer.

“The future of financial advice is not about managing an unwieldly book of clients inherited as part of as large licensee structure. It will be about delivering a more personal and valuable services to clients, and technology allows advisers and their paraplanning teams to create the time needed to build those increasingly valuable relationships,” explained Asendium CEO Scott Miller.  

“Importantly, as the number of advised Australians remains static at around 20 per cent, 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.”