By improving your ability to plan your clients’ future, your wealth management team will: |
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Save time and reduce errors by generating financial plans based on firm-constructed portfolios that are automatically implemented and monitored. |
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Increase productivity by reducing administrative tasks through standardized team-based workflows and automated investment policy statement generation. |
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Reduce compliance risk through rules-based analysis that monitors all client accounts for adherence to asset allocation strategies and client constraints as prescribed in the investment policy statement. |
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Reduce audit preparation time by versioning and storing entitlement-based investment policy statements and update letters. |
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Gain competitive advantage by efficiently creating personalized asset allocations that can be implemented automatically and monitored over time. Unlike most asset allocation tools, NorthStar provides support for models, exception scenarios, cross-portfolio constraints, estate planning and investment constraints - all based on a centralized client profile encompassing the entire client relationship. |
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Improve client cash flow and future wealth projections by creating goal scenarios and assessing goal achievability through Monte Carlo simulations built into the planning process. |
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Gain additional assets under management by creating specialized proposals highlighting suitable proprietary products for clients who need them. |
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Reduce the cost of under-used point applications such as third-party mean variance optimization calculators, wealth management analytics, financial planning, and investment policy document generators. |
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| Key Capabilities |
| Plan wealth holistically with: |
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Wealth Planning |
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Financial wealth plans automatically implemented and monitored based on compliant, suitable, and wealth manager-entitled models
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Wealth planning including retirement, pre-retirement, education, major events and total return scenarios
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Use of industry leading Monte Carlo simulation techniques for wealth forecasting
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The wealth forecasting engine considers tax as an aspect of its calculations
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Investment Policy Statement |
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Asset Allocation |
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Personalized asset allocations automatically created using a mean variance optimization and monitored based on client profiles and investment policy objectives and constraints
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Sophisticated portfolio planning and analysis tools such as range of returns, range of assets, efficient frontier, hypothetical performance, performance in bull and bear markets.
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Investment product proposals |
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