WealthO2 provides an un-conflicted alternative to wraps/platforms. Recently WealthO2 provided data feeds connectivity to XPLAN using the latest managed account EPI format. WealthO2 are relaunching the Investor Portal in November 2018 which has been designed in conjunction with their advisers.
| End User | Advisers |
| Advice Process Steps | Scope Assessing SOA Implementing Review |
| Benefits | Process efficiency Engagement uplift Time savings Cost to serve reductions Compliance benefits ROA automation |
| Cost per user per annum | We don’t have per account or minimums, and are max 15bps with a capped fee per portfolio |
| Time saving per client | One to three hours per client |
| Cost saving per client | Saving $2000 per $250,000 under management |
| Integration | Xplan and Class |
| Website embedding | Yes |
| White labelled | Yes |
| System prerequisite | Internet |
| Single sign on | We use wild cards currently but can use SSO if required |
| Data storage | Australia on Amazon |
| Privacy standards | All standards required by law and strict internal protocols in relation to confidentiality. |
| Limits on use | No |
| Disaster recovery and business continuity plans | Yes |
| AFSL approval | SMSF based financial planners, independent AFSLs and brokers that are launching wealth solutions. |