Financial services involve giving the right decisions and investment options to their valued clients. They need to use the latest tools and services to make correct investment decisions, track the direction of equities, news gathered from across the world, insider news, and other factors influencing the price of stocks.
You can choose the best financial advisory services offered by Joseph Stone Capital to grow wealth with reduced risk. Financial advisors find and recommend the best retirement plans. So, their clients will enjoy a happy retirement. They will also offer insurance decisions for their clients.
The best fintech solutions
Financial advisors need the latest fintech solutions to satisfy the varying investment needs of their clients. In today’s digitized economy, financial advisors need to learn and be comfortable using fintech solutions to grow their businesses. Lists of tools that will help financial advisors improve their efficiency and earn the trust of clients are detailed below:
CRM (Client Relationship Management)
In a recent study involving 309 financial advisors, 91% of them used CRM. You should start using this tool to enjoy a plethora of conveniences for you and your clients. Using this tool, you can automate all of your manual work. You can avoid errors by keeping track of the financial goals and needs of your clients, keeping notes, etc.
You will get a customizable dashboard with CRM to manage several clients. It allows storing contacts of your clients and non-scheduled or scheduled conversations with them. The documentation work for each client can be automated with ease.
Your clients will enjoy transparency with CRM. You can offer a separate panel for each of your clients so that they can know about your efforts, information on taxes, expenses related to wealth management, details of investments, etc.
Therefore, a company like Joseph Stone Capital, which offers financial advisory services, utilizes CRM to enjoy the following benefits:
- Automation of documents and workflow
- Improved data security
- Easy-to-handle user panels
- Compliance with international standards and risk management
Busy clients can embrace video conferencing
Many high-net-worth individuals and FIIs are busy and may not find time to visit the offices of financial advisors. Such people need not drive, wasting their time, to discuss financial plans for their future and clients. So, financial advisors can make use of free or paid video conferencing solutions to connect with their clients and offer the best financial plans to grow their wealth. In the current digital era, clients can transfer the required funds online for investment purposes, paying fees and taxes, etc.
Email automation tools
Sending emails to every client is difficult. Financial advisory companies can make use of email automation tools to effortlessly inform their clients of vital information. Such tools help them maintain good relations with their clients. It also reduces manual labor. You can send emails to several clients at once with a single click. So, an email automation tool is helpful to send company updates, New Year’s greetings, news updates, current economic developments, etc.
A reliable and secure file sharing
A lot of paperwork is involved in financial advisory services. You can utilize a reliable and secure file-sharing service for confidential documents to share in-house and with clients. You can use two-factor authentication to ensure the security of the shared files.
