Narrator Advisor will be available as a complimentary add-on to Narrator Clients. Both tools come with integration with Advicent’s NaviPlan and Figlo financial planning tools.

“We’re wrapping our financial planning tools with the Narrator solutions which are client and advisor tools,” Cunningham says. “With Narrator Advisor, financail professionals can look at their book of business and not only see activity in client accounts, but understand how activity impacts a client’s financial plan and whether there is significant goal drift from that plan. That then may become a conversation point for advisors.”

Narrator Connect is a customizable tool for Advicent’s third party partners that want to develop their own features, applications or tools to meet their company-specific needs via API.

The Narrator suite will allow advisors to deliver proof that they’re offering goals-based planning in their clients’ best interest, says Cunningham. “If a plan is at the center of the advisor-client relationship, and the client has signed off on that plan, advisors have a strong basis to operate.”

Advicent hopes its new tools allow advisors to find an optimal mix of technology and personal relationships to meet client demands for comprehensive planning and always-on services.

“I believe the cyborg or bionic advisor is where we’ll see the industry go in the next decade,” Cunningham says. “You can’t automate a relationship.”

Advicent currently serves more than 100 enterprise clients and 3,500 independent financial firms for a total of more than 100,000 individual users.

 

First « 1 2 3 » Next