Automated financial advice and investment solutions. Automated in-depth fact-find, scoping and disclosure with the possibility of generating compliant SoAs, providing online FSGs, Privacy Statements and Terms and Conditions, populating Fee Disclosure Statements to meet Opt-In requirements, automatic referral to face-to-face advice for special requests and complex requirements. Aimed at delivering scalable advice solutions for advisers to have a broader client market or service smaller value clients.
| End User | Advisers |
| Advice Process Steps | Scope Goals Assessing SOA Implementing Review |
| Benefits | Ability to engage lower value clients or use as an initial engagement process before moving to fully fledged face to face advice. |
| Cost per user per annum | From $2400 per annum |
| Time saving per client | 1-3 hours through to managing a fully automated service. |
| Cost saving per client | Cost saving of anywhere from $1000 – $5000 per client dependent on the extent of the solution provided via the technology. |
| Integration | Xplan |
| Website embedding | Yes |
| White labelled | Yes |
| System prerequisite | No |
| Single sign on | Yes |
| Data storage | Unknown |
| Privacy standards | Compliance with the following legislation:
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| Limits on use | Unknown |
| Disaster recovery and business continuity plans | Yes |
| AFSL approval | Multiple AFSLs have utilised. |