Are Financial Advisors too heavily reliant on others to run their business? They are when they allow others to make their technology decisions.
It is simpler than you think to step into world’s best practice.
Here’s how to get the right technology working for you:
- Get a great CRM system (customer relationship management) that moves client data in and out without compromise.
- Get a financial piece of software to produce your SOAs, projection analyses and cash flow analyses that “talks” to your CRM.
- Make sure you are running paperless end to end. This will allow you to choose your client experience.
If you control your data you can control the client experience and have ownership of how your company can run. Instead of building your own system from scratch (which can be very expensive), get different vendors to help you build little pieces of your ideal puzzle.
You can listen to Santi’s other podcast here: Scalable Consistent Client Experience is the Key to Growing Profit
About Santi Burridge:
Santi is the Chief Executive of Corporate Development at Implemented Portfolios, a business dedicated to nurturing partnerships that deliver great outcomes for the financial services industry.
He has over 15 years experience in the financial services and advice industry, working as both a financial planner and principal of a leading wealth advisory practice based in Sydney. He drove the development of the unique Individually Managed Account structure and Dynamic Asset Allocation process that sits at the heart of the Implemented Portfolios service.
He has a passion for assisting financial advisers in running efficient, scalable and profitable practices, and providing clients with a sound investment experience. He is also strongly committed to promoting and providing a strong voice for creating a better advice model in Australia, and sharing his findings, based on first-hand research of the advice industries of the US and UK. He holds a Bachelor of Commerce majoring in Finance and Economics and a Diploma in Financial Planning.