National Planning Holdings, Inc. Launches WealthOne Advisory Platform

National Planning Holdings, Inc. (NPH) announced the launch of WealthOne, a Web-based advisory platform that offers investment strategies and products to all NPH-affiliated advisers.

The new platform gives advisers access to investment solutions from eight money managers, including The Vanguard Group, JP Morgan and UBS.

According to a news release, WealthOne features three solutions for managing client assets on one platform. 

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The first component of NPH’s new WealthOne suite, Strategist Solutions, gives advisers access to strategic and tactical investment approaches gathered from contracts with Vanguard, JP Morgan, UBS, Standard & Poor’s, Russell Investments, Lazard, Avatar Associates and Loring Ward. 

The Advisory Portal enables advisers to view client information, create and update proposals, build and manage models, research strategists, access reference materials and industry commentaries, and customize the online client access site and client reports with their own branding. The Advisory Portal also allows advisers to access the platform directly from their broker-dealer’s website, and gives representatives single-click access to WealthOne’s other two components, Adviser Solutions and Custom Style Portfolio Solutions.  

With Adviser Solutions, advisers who act as asset managers can build and maintain model portfolios by creating their own custom asset allocations. The platform features streamlined rebalancing with the ability to set drift parameters, a  proposal generation system and customized quarterly performance reporting. Clients have online access to their accounts, and receive one report and billing statement every quarter.  

WealthOne’s Custom Style Portfolio Solutions are actively managed separate accounts from Curian Capital, LLC that offer  customization, including the ability to select among a range of investment approaches and asset classes. Clients may also implement socially responsive investing strategies by excluding up to 14 social sectors or an unlimited number of individual securities from their portfolios. Investors can minimize tax implications through a unique tax harvesting feature and eight different tax-lot strategies. 

Financial advisers can contact Rob Dearman at (517) 367-3401 or robert.dearman@npholding.com. 

Survey Reveals "Must-Have" Technologies

The results of a recent survey of financial advisers reveal the "must-have" technologies for running a more efficient and profitable advisory business.  

According to the ByAllAccounts survey, the top five technology solutions deployed in-house or through an application service provider are: 

  • Portfolio management/performance reporting (83.6%);  
  • CRM tools/client reporting (71.2%);  
  • Trading (57.4%);  
  • Financial/estate planning (56.8%); and 
  • Rebalancing/asset allocation (51.4%). 

ByAllAccounts asked advisers about the importance of bringing financial account-level data into the five technology solutions above. Three out of four respondents claimed to be actively bringing account-level data into their portfolio management/performance reporting systems; of that number, 68% are doing so daily. Forty-five percent say they are using account aggregation technology to bring the account-level data into portfolio management/performance reporting systems. 

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According to the survey report, the results suggest that account aggregation technologies are becoming an increasingly important part of the overall technology mix for many RIAs. Many advisers rely on new technologies to help their firms run smoothly, streamlining operations as they advise existing clients and pursue prospectives. Some firms are even integrating technology solutions to open entirely new revenue streams, going beyond simply viewing client’s held-away assets to advise on those and bill for that service. 

For more information on the survey, visit http://discover.byallaccounts.com/executivesummaryreg.html. 

 

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