With the current challenging investment market conditions, wealth managers and advisers are facing increasing pressure from clients, who are demanding a more holistic financial planning service as well as online functionality, such as access to view their investment portfolios. Along with high client demands and regulatory changes following the RDR, there is also amplified competition due to more organisations focusing on profitable HNWIs. These pressures are requiring wealth managers to offer a differentiated service and review the functionality of their wealth management systems in these difficult times.

In light of these industry factors, you could be facing numerous issues and opportunities such as how to:

• scale your business
• provide clients with goal and liability driven planning services
• build stronger and deeper client relationships to grow customer loyalty and increase revenue
• develop a consistent quality of service, regardless of adviser
• reduce administrative overheads across all areas of your operations

how Focus can help

Focus has a range of products and services to help you with supporting the demands of HNWIs and affluent clients, including:

focus:360° wealth management - a holistic financial planning, wealth management system offering a range of functionality to service HNW clients.

Training and competency services - a range of training, testing and competency services to ensure a consistent, organisation wide approach to personal development.

TestMeOnline - an innovative online testing and T&C monitoring solution.

Focus has worked with a number of private client wealth managers and private client divisions of retail banks and IFAs on their wealth management systems including: