“Efficiently onboarding new purchasers and managing expectations take up a major a part of an advisor’s time because of inconsistent, handbook and non-integrated processes,” stated Helen Yang, CFA, CEO of Andes Wealth Applied sciences. “With volatility coming again, advisors want a brand new technology-enabled strategy to assist purchasers dedicated to their long-term monetary and funding plans. Our new expertise streamlines typical handbook workflows and supply advisors with added capability to work with extra purchasers whereas enhancing relationships, all of which result in elevated satisfaction and elevated referrals.”
Central to the brand new Andes Know-how platform is a multi-dimensional danger tolerance that maps on to one of many advisor’s funding fashions. From there, real-time danger displays function a “portfolio visualizer” for purchasers to higher perceive the efficiency of their investments in unstable markets, whereas serving to advisors talk the worth of their private, human strategy. Moreover, the brand new Andes Wealth platform integrates behavioral finance ideas right into a Behavioral Danger Index to assist purchasers higher perceive their intrinsic biases with regards to investing. It additionally has a particular software to assist defend child boomer purchasers.
“Our purchasers love the streamlined course of that Andes Wealth has supplied,” stated Lloyd Easters, CIO of INVST, an $800 million impartial RIA. “This has opened up one other stage of dialog we at the moment are having which is resulting in a lot better and deeper relationships. Earlier than Andes Wealth, our processes had been clunky and the entire strategy skewed to aggressive allocations. We wanted a extra correct evaluation, one which was extra academically rigorous. Now, with Andes Wealth, it’s actually phenomenal what we will do.”
To study extra about Andes Wealth platform, go to https://andeswealth.com/.
About Andes Wealth Applied sciences
Andes Wealth Applied sciences is the primary firm to mix behavioral finance with danger visualization to supply a brand new approach to ship wealth administration companies. Impressed by Dr. Andrew Lo from MIT and his Adaptive Markets Concept that reconciles behavioral finance with environment friendly markets, Andes Wealth offers advisors with a complete and strong consumer onboarding and communication expertise resolution. Helen Yang, CFA, founder and CEO of Andes Wealth Applied sciences, shared the distinguished Harry Markowitz Award with Dr. Lo in 2011.
Contact: Helen Yang, 978-494-3909, [email protected]
SOURCE Andes Wealth Applied sciences