Adviser Evolution forms a core component of Wesleyan’s new IT solution, alongside a client management and document management system. It enables the firm’s 220 advisers to have remote access to a comprehensive straight-through-processing system.
Using tablet PCs, consultants can now complete full financial reviews, including needs analysis, quotes and electronic applications. Vertex says allocation of investments and assets to specific financial objectives enables advisers to address clients’ long term wealth management objectives, including school and further education fees planning and retirement.
Wesleyan operations director Steve Deutsch says:“During the three month pilot of Adviser Evolution, our consultants have already seen increased business levels and a significant improvement in speed and cost-efficiency. Feedback from the early user groups inspired many other consultants to ask for the service and we are delighted that we can now go live with the full roll out. This means that all client data and new business applications can now be submitted electronically and therefore instantly, for processing at head office – giving us a much more streamlined process and importantly a solid audit trail to support all the regulatory obligations.”
1st – The Exchange strategy and business management director Paul Yates says: “With any new technology, feedback from users over the course of pilot testing is essential to perfect a complete solution which is ideally tailored to the core business process. The reaction of users has been a great testament to the combined efforts of the 1st and Wesleyan teams’ commitment to drive for the ultimate solution and we are very excited by the impressive results which are being seen, even at this early stage.”