Updated: Sep 22, 2021


As a financial advisor, we know you’ve got a lot going on. Servicing all your clients has a huge amount of admin attached to it. There are always many things that need to happen. While you’re focusing on meeting your existing clients’ needs, new clients can enter the picture with their own needs as well. Onboarding these clients comes with its own admin cycle too.


It’s not always quick and easy to complete risk assessments on your different offerings. Preparing for your touch-base meetings also takes time, as every session involves updating your client on their current investments and educating them on their options going forward.


What if you could simplify your way of working, reduce your admin and better advise your clients?

Seed Analytics has the potential to change how you work with your clients. We offer a reporting dashboard that empowers you to work productively and efficiently, making your life easier and increasing your value to your clients.


How does this help your day-to-day functioning as a financial advisor?


Firstly, our dashboard minimises the time you need to set up reports. You’ll have an overview of all of your client’s investments and it will take no time at all to see how their portfolio is performing. This can help you assess your client’s risks, as well as to see whether their portfolio is in line with their risk profile and strategy. With this information on hand, it’s easy to determine the next steps for their portfolio.

Secondly, the dashboard makes it easy to review how funds are performing across all of your clients’ portfolios. You can review your client book’s investments at funds level. If you need to reassess a fund, the dashboard makes it easy to shift those investments – all without you having to review your paperwork to remember who is invested where.


Best of all, the dashboard gives you an integrated view of what is happening across all the platforms and vehicles you have chosen for your clients. This can help you assess risk and advise your clients on where their next investment should take place.


Being backed by a powerful reporting solution also does wonders for your confidence. At any point in time, you’ll know what is happening with each of your clients’ portfolios. You’ll be able to offer them the best solutions and support possible. A confident financial advisor translates to a confident client – they know that you have their best interests at heart, and that you know what is happening in their investments. You become their go-to person when they need to make financial decisions and need information.


At the end of the day, our dashboard can give you a better way to manage the clients you already have. If you cut down on the time you spend on admin and reporting, you open up the possibility of recruiting more clients. With Seed Analytics on your side, you’ll be able to manage these new clients seamlessly from the get-go.


If you are looking to change how you work with your clients, and you would like to learn more about how Seed Analytics can work for you, click here to request a demo.





A historical client portfolio statement can often be helpful to the Advisor. A client might request an old statement to be re-sent to them. Other times it is useful to compare the state of a portfolio from the start to the end of a quarter.


Seed Analytics has just released a feature that allows the Advisor to download a single historical consolidated portfolio statement. The Advisor can download a statement from as far back as six months.


Previously, accessing a historical statement was possible; however, it required the Advisor to download a zip file per month containing all their statements and then select the portfolio out of the folder before sending it to the client.


This feature saves the advisor time by making it easy for advisors to download a single statement for a specific client and send it through their own communication channels.


At Seed Analytics, we understand that an Advisors time is the most valuable asset in their business. We aim to reduce time around day-to-day tasks allowing the Advisor to do what they do best: Give sound Advice.


Download a zip file containing all portfolios was covered during the onboarding phase of the relationship with Seed Analytics. Would you like an onboarding refresher? Reach out to us here:






It is common for individuals, over their lifetime, to have bank and brokerage accounts at multiple institutions. A multi-fund planned, and diverse investment portfolio is productive to the clients' needs and may be due to a change of job, retirement, or an attempt to reduce risk.


A well-planned and diverse portfolio is a good portfolio. But the simple truth is that it's traditionally admin expensive to gain a single view of the customer's diverse investment portfolio. In addition, an advisor not being able to generate a single view of the client's portfolio may be counterproductive to a customer's needs. Finally, without a consolidated view, ongoing advice becomes difficult, resulting in a decline in service levels.


We address how consolidating investments empowers the client as well as the financial advisor.


The opportunity to give clients better financial advice


When all a client's assets are under one advisor's control, the advisor gets a good view of a client's overall financial situation. Instead of different advisors working on different parts of the plan, a financial planner with a consolidated view of investments can take a more holistic approach when implementing solutions and achieving financial goals.


The advisor and client can see the broader perspective. As a result, the client can make smarter investments, improve diversification, avoid duplication of investment types, and even manage any risks due to sudden changes in their life or the market. An advisor that consolidates information for their client will always leave clients with a good sense of their investments.


Consolidating investment reporting makes the client's and beneficiary's life simple


Simple is always better, especially when it comes to something already so complicated! Clients will benefit significantly from consolidated statements because all their information and assets can be viewed and managed in one place. Instead of interpreting many reports from different fund managers, clients will receive a single consolidated statement containing their entire portfolio together with the advisor's branding. The client is empowered to see their returns over their entire portfolio, and the advisor takes the credit.


Consolidating investments is beneficial when clients have passed away and their heirs are left to manage their accounts. One will also be more inclined to keep beneficiary information up to date if one can update it in one place.


Analysing diverse portfolios are instant with Seed Analytics


Seed Analytics allows clients to have many different accounts and provides ALL the information to the advisor and their client in a monthly report. A system like this saves advisors hours of their client's time and efforts.


Seed Analytics consolidates the information for the clients so that advisors don't have to! Consolidated portfolio statements generated through data analysis then present all the accounts to the client over many different platforms. So, the client wins, the advisor wins, and the client gets the plan they need.

With a data-analysing system in place, providing your clients with statements are no longer complicated or time-consuming.


Streamlined management of retirement withdrawals


Once a client has retired, it becomes a tiresome challenge to make required minimum distributions. In addition, if the client has multiple accounts at various firms, it can get confusing. Tax filing can also become very problematic for older clients, especially if tax slips are missing.


However, Seed Analytics allows advisors to perform analytics on retired clients across many different accounts. It makes retirement planning more manageable, and as a result, clients skip the pain of moving money between accounts or platforms. The advisor gets all the information they need without extracting that information manually between multiple platforms and accounts. Reporting to the client remains the same, so advisors can easily open more lines and access different platforms.


A consolidated view of investments incentivises clients to bring all their investments to a single advisor


Clients often diversify further between wealth advisors. Frequently, advisors don't even know that more than one advisor is servicing their clients. By offering a consolidated view of investment statements, clients can diversify their investments without the risk or extra admin. In addition, with all their assets consolidated in one report, they can receive monthly updates showing their entire investment portfolio without moving any accounts.


Consolidating investments using data analysis is a service offered by financial advisors that can improve the quality of customer service, save time, reduce admin and improve their client's financial situations.


Seed Analytics simplifies the consolidation process and offers wealth managers a fully automated plug-in system that analyses client investment data and generates monthly consolidated statements. We send these statements to the client at a click of a button monthly! Visit our site to book a demo today.


References:

https://www.investmentexecutive.com/building-your-business/practice-management/persuade-your-clients-to-consolidate-their-assets-with-you/

https://www.amuni.com/the-top-6-benefits-of-consolidating-your-investment-accounts/