By improving your ability to manage client portfolios, your wealth management team will:

• Reduce the costs of aggregating and maintaining a firm-wide product catalog that spans an open architecture of in-house and external products. The NorthStar Product Catalog Solution supports advisor education, manager selection, portfolio construction, overlay management manager updates, due diligence and reporting.

• Improve efficiency and expertise through access to one interactive product repository where wealth managers can screen and compare products they are entitled to sell based on client criteria such as suitability and appropriateness.
  
  
• Bring new or complex products to market faster through a centralized product repository where wealth managers can become instant product experts by accessing up-to-date marketing and educational content.

• Reduce compliance risk by automatically building portfolios based on manager picks and monitoring single stock exposure.

• Increase client retention with tailored portfolios that exceed the expectations of sophisticated high net worth clients and proactive portfolio management through workflows that simplify rebalancing, adding cash, and raising cash
  
  
• Gain additional assets under management by managing all levels of the client relationship through NorthStar Client Hierarchy, which provides graphical, actionable 360-degree client views.

Key Capabilities

• Product Research & Selection

• Centralized, firm-wide NorthStar Product Catalog Solution spanning all types of banking, insurance and alternative products to support an open-architecture sales strategy
  
  
• Product lists and comparisons to locate, track, and compare investments, including firm-endorsed products
  
  
• Product entitlements to ensure advisors access only those products they are licensed to sell
  
  
• Advanced product search and up-to-date talking points, marketing and educational content
  
  
• Product data administration and content management tools

• Portfolio Construction

• Compliant portfolios automatically built based on manager picks and reduced risk from single stock exposure
  
  
• Portfolio implementation that automatically leverages client profile suitability, eligibility, investment policy statement and asset allocation rules and constraints
  
  
• Client Wealth Management



• Active Client Hierarchy management tools to automatically maintain household relationships and their associated portfolios as well as third-party relationships and entitlements
  
  
• Graphical, 360-degree client views where wealth managers can navigate and  take action on all levels of the client’s wealth, including qualitative and quantitative data on client portfolios and overall performance
  
  
• Ability to extend access to key clients via a Client Web
  
  
• Automatic client portfolio monitoring and re-balancing based on investment policy constraints
  
  
• Portfolio servicing and management, including rebalancing, add cash, and raise cash capabilities
  
  
• Client proposal generation and management