Infocus Wealth Management Ltd today announced the launch of online Opt-In issue and approval functionality for clients.
With the recent release of ASIC’s updated Regulatory Guide 221 on Disclosure, advisers who issue Opt-In statements via Infocus’ proprietary CRM software PlatformPlus can now have their clients view and approve these online via Infocus’ online client engagement tool, Client Portal.
Speaking about the Client Portal update, Infocus Wealth Management Managing Director Rod Bristow said “Expanding our Client Portal functionality allows advisers and their clients to manage their Opt-In obligations online. This not only makes the advisers’ business more efficient, but increases engagement and trust between clients and their adviser”.
How it works is that clients of advisers in the Infocus Group are issued with a secure login to the Client Portal. Once logged in, clients can view all of the assets, liabilities and risk premiums they have under advice with their Infocus group financial adviser. Data feeds for a wide range of products on the Infocus group APL provide up-to-date information for clients on the status of their wealth. Importantly, clients can now also view and approve FDS’ and Opt-In statements provided by their adviser to Client Portal through PlatformPlus.
Bristow said “This functionality is market-leading and exclusively available to advisers licensed under the Infocus and PATRON dealer groups. This is another great step toward delivering on our promise to advisers of helping grow revenue, increase efficiency and manage risk in their business”, he said.
The Client Portal upgrade is part of an ongoing strategy of enhancing Infocus’ proprietary CRM, advice generation and practice management software, PlatformPlus.
About Infocus Wealth Management Limited
Infocus is an independently-owned national wealth management group delivering financial advice, funds management and technology solutions.
The financial advice division includes an adviser network of around 180 Financial Advisers across two dealer groups, Infocus Securities and PATRON Financial Advice. Infocus and PATRON advisers are located in 118 practices across Queensland, New South Wales, ACT, Victoria, South Australia and Western Australia, providing financial planning advice to over 55,000 retail clients nationally. Group funds under advice are around $4.4Bn and risk premiums under advice around $67M.
The funds management division directly manages around $290M via subsidiary Alpha Fund Managers. The technology division’s focus is on proprietary CRM and advice generation software, PlatformPlus, which has over 730 users nationally.
Enquiries in relation to this media release can be directed to Rod Bristow, Managing Director Infocus Wealth Management, on 1300 463 628.