Search Results | Showing 1 - 10 of 43 results for %22Advice Efficiency Survey%22 |
| | The success behind high-performing financial advice firms is largely driven by their ability to operate strategically with discipline and help advisers focus on servicing clients' needs, a new analysis shows. A study by Macquarie Business Banking and ... |
| | | ... found average revenue jumped from $1.1 million in 2021 to $1.6 million this year. According to the Financial advice efficiency report, advisers are doing more with less as increased efficiencies are helping drive profitability. Two years ago, the average ... |
| | | ... compliance burden to be the biggest challenge facing advisers today, while 41% cited the ability to provide affordable advice and 40% said regulatory change. To overcome these challenges, advisers are adopting more technology solutions within their businesses ... |
| | | ... used across multiple clients, instead of having to manage individual investment portfolios, advisers can streamline their advice and investment management processes. With the report underlining the efficiency of managed funds with the total time savings ... |
| | | Iress' inaugural Advice Efficiency Survey reveals that more than 70% of advice practices forecast growth over the next three years. The survey, commissioned by Iress alongside practice development consultancy Business Health, conducted the research ... |
| | | ... finds. Iress' Xplan took out the nod for its comprehensive functionality, compliance technology and ability to support advice firms of all sizes, according to the 2020 Advice Technology Benchmark Report. Morningstar's AdviserLogic won the best ... |
| | | ... means the double entry of client information has been removed, and the time it takes advisers to complete a Statement of Advice and application form have been reduced. Praemium chief commercial officer Mat Walker commented: "Praemium is continually looking ... |
| | | ... were facing, including meeting compliance obligations, which is a bugbear for the majority (67%), and providing affordable advice, which almost half of advisers struggle with (46%). The advice practices that were able to rise above these challenges and ... |
| | | ... demonstrating there is still room for improvement. Nonetheless, the COVID-19 crisis has kick started a digital revolution in advice, transforming the way advisers communicate with their clients and accelerating their adoption of digital tools. "Since ... |
| | | ... fee structures. As the complexity of a client's insurance needs increase, there is an increase in the cost of providing advice. For a simple policy with annual premiums of $1500, the upfront commission is already less than the cost to deliver advice. ... |
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