New tech platform ‘reimagines’ how clients engage with advisers

On Wednesday, the financial services platform launched Rooms, a solution that connects clients with their advisers in one place and also allows information to be captured, stored and shared securely.

Myprosperity said the inspiration to establish Rooms came after a recent CPA report which revealed a $638 billion cost to the Australian economy where households are falling short due to a lack of access to advice.

The company said early adopters of the platform have already noted a “significant improvement” in client engagement, including Grimsey Accountants and Advisors director Daniel Stefanetti who said that being able to collaborate with clients on one secure platform is “a win for data security and client experience”.

“The financial services industry has always been about helping clients achieve their financial goals,” myprosperity founder and CEO Peter McCarthy said.

“Myprosperity empowers our partners to do just this, and Rooms is the platform that will revolutionise how trusted advisers and their clients work together to achieve the best outcome.”

Since the beginning of the year, myprosperity has seen an increase of over 100 per cent in logins from advisers and accountants as well as a 300 per cent increase in digital forms created and a 400 per cent increase in documents stored on the platform.

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.