TECHNOLOGY IN YOUR BUSINESS
Using Wealthify as a Service means you can maintain a link to clients who may be profitable in their future – either from intergenerational wealth transfer , or accumulation of assets – without losing money by working on them now . Essentially , Wealthify lets you have your cake and eat it . Keeping potentially valuable future clients in your pipeline while reducing your costs and admin requirements now .
How does it work ? There ’ s no cost to you for using Wealthify as a Service , with your client paying the flat-rate 0.6 % management fee . But in addition to this , we ’ ve taken steps to further reduce the admin associated with the process of managing these clients . As part of working with SimplyBiz , Wealthify uses the Hymans Robertson Strategic Asset Allocation model to make it easier for you to transition clients between services . By doing this , it ’ s easier to re-engage those smaller , now viable , clients as their investment allocation method remains the same . We can also provide your clients with ethical investments , focusing on companies and organisations who are committed to positive environmental and societal change .
Regularly communicating with your clients can be time consuming , but this service also provides you with Wealthify ’ s UK-based , dedicated Customer Care Team to handle your customer service . This means that you can reduce both the cost , but also the hassle of dealing with questions and queries from these smaller customers . Clients will be given a co-branded , online dashboard , where they can monitor and track their investments , see what they ’ re invested in , and how it ’ s performing .
How to get started Wealthify ’ s partnership service can be integrated straight from your website , and if you have a NextGen SimplySite it can be done for you . You ’ ll also receive pre-written and compliance-approved email communications to send to your clients to introduce them to this service and the amazing benefits it can offer . Once signed up , you ’ ll have a dedicated , co-branded landing page which is easy to use , allowing you to refer clients easily and efficiently . Your clients can then sign up to this service , a process that takes less than 10 minutes , and will then be able to monitor their investments online , 24 / 7 . You ’ ll receive monthly reports on the number of clients using the service and the associated AUM . When a client you referred to Wealthify reaches the pre-defined threshold , we ’ ll let you know . Then you ’ ll be able to reach out and offer your advised services .
Why Wealthify ? Although they may not be profitable to you now , ensuring that your customers have the best experience is an important factor in choosing a provider . Not only was Wealthify named as the Best Investment Provider at the British Bank Awards 2020 , but we also have an industry-leading Trust Pilot score with hundreds of five-star reviews from happy customers . Our service has been carefully designed to be easy to use by people of all ages and technical abilities , and this has seen our service receive a five-star Defaqto ratings for three years running . Wealthify also has the full backing of the multinational insurance giant , Aviva , is regulated by the Financial Conduct Authority and up to the first £ 85,000 of your clients ’ money can be protected by the Financial Services Compensation Scheme ( FSCS ). P
To find out how Wealthify as a service can benefit your business , talk to Dan Giddings , Head of Business Development on 029 200 99 216 or email partnerships @ wealthify . com
1 . Data from SimplyBiz
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