Investfit

Investfit uses client’s individual circumstances together with its simulation and optimisation engines to identify the best investment strategy that maximises their financial outcomes. That is, the investment strategy expected to achieve the highest retirement goals with a high level of certainty. Latest news Insurance optimisation Additional asset classes to be included in portfolio optimisation Automated SoA generation Income layer chart Review function Scaled advice (modularisation) Lead generation

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End User Consumers and Advisers
Advice Process Steps Goal Identification Assessment
SOA
Review
Benefits A mapping of client goals to the outcomes with risk profiling assessment and quantification and a probability assessment of outcomes.
Cost per user per annum $1000-$1999
Time saving per client More than 3 hours per client
Cost saving per client Assessed at $500-$1000
Integration Currently integrating with MoneySoft. Through its API investfit can integrate with any other financial planning software as required.
Website embedding Yes
White labelled Yes
System prerequisite Latest web browser and also mobile and tablet enabled
Single sign on In progress
Data storage Client data is stored on AWS Sydney. No personal identifiers are stored, only numbers (ages, dollar amounts, percentages). A unique code is attached to each client and only the adviser knows that code, which can be used to retrieve client data.
Privacy standards Malleable to requirements
Limits on use No
Disaster recovery and business continuity plans Yes
AFSL approval Mortgage Choice Financial Masterplan Bennelong Wealth Partners Others are imminent