Discover how Transact could help you.
Transact is designed to help financial advisers and planners manage complex financial plans for their clients. It certainly won’t suit every financial adviser or all clients. We aren’t a fund supermarket or limited, execution-only platform.
There is no one-size suits all. That said, Transact suits many advisers and their clients well. Transact has many benefits for people working within Financial Adviser firms – depending on the size of practice and the role of the person in question. We’ve provided below a quick top-line snapshot of the benefits that Transact can bring to the people at every level in an adviser firm.
The benefits for business owners/MDs/CEOs
Transact can help you to deliver a highly consistent approach across your business. This can lead to a more scalable, consistent and ultimately profitable business model for you – leaving you with a robust approach to running your business that becomes part of the fabric of the firm.
The benefits for individual advisers
Transact can help financial advisers to demonstrate their professional value to clients more easily. This is because you will be able to concentrate on giving advice and planning a client’s financial future. Rather than spending a lot of time working out where a client is, you will be able to concentrate on finding out where they want to be and provide the professional advice that they need to achieve their goals.
The benefits for paraplanners
If you are a paraplanner, Transact can help to eliminate the need for you to do duplicated detailed research.
It also provides a slicker due diligence process that will help you to reduce the amount of time you will need to spend on this. You can get multiple valuations online in seconds too. You can switch existing investments into various wrappers – such as ISAs – all online, to take full advantage of the tax breaks available.
It will make your life easier and will leave you with time to think more strategically about the bigger issues – such as tax planning.
The benefits for administrators/office managers/support staff
Transact makes life easier and can remove much of the day-to-day, mundane work from a typical adviser firm’s administration. It makes it easier for staff of all levels to deal with client queries as you can view each client’s Portfolio online in a matter of seconds. Transact reduces stress both for you and clients – which means a more harmonious relationship for everyone and a better service for your clients.
Request a service review
With the demands of a rapidly changing market, many advisers are uncertain which platform service(s) are right for them and their clients. The likelihood, although not a certainty, is that you will need more than one platform to ensure that you are able to match the most appropriate service, assets, tax wrappers and other financial products to each client.
If you would like help regarding what might suit your practice and your clients, we are available to review your needs and to help you to identify the best combination of services – even if it means that we determine that Transact wouldn’t suit you. We are happy to be grown up about this, to ensure that you choose the best platform for you and your clients.
To request a full Service Review of your platform requirements simply call our Sales Support team on 020 7608 5350 or email us at email@example.com.