Do You Know Mutual Fund Software for IFA Helps in Getting More Clients?

 The optimal number of clients varies from business to business as some advisors can smoothly deal with huge numbers of clients at a time while many find it difficult to manage even limited clients.  The difference lies between the strategy and technology the advisor chose to serve their investors which push the business towards growth and development.

Why Do Your Business Needs Technology?

• To combat uncertain scenarios.
• Competing with rival firms in industry.
• To stay ahead of the competition.
• For retention of existing and acquisition of new clients.

Let us know how Mutual Fund Software for IFA facilitates advisors in acquiring more clients

• Dedicated planning
  Advisors through the help of financial platform can develop suitable financial planning as per the risk appetite of the investors which helps in delivering desired rate of return to clients. The planning developed through the assistance of the technology gives the favorable results to the clients and the advisors as well.  After having overall analysis of the investors an advisor can proceed for investing the funds of the clients.  Ratios determined in the plan represent the financial health status of the investors along with the potential to bear risk in the market.

• Constant Tracker
  Not only the planning facility is available but the advisors can also track the portfolio movements and the same can be shared with the clients as to retain their faith.  Constant eye on funds provides surety of safe returns and reduces the chances of loss which attracts the investors.  The advisors operating business with Mutual Fund Software are contributing to their best in the industry and achieving growth.

• Multiple Services
  Having the power to deliver vivid services to the investors from one source gives you edge over the rivals and helps in attaining more client base because the investors shows interest in the advisors capable of providing multiple services which serve convenience to the investors. The advisors can give services of sending reports, notifications, greeting, investments, redemption and much more.

• Future Opportunity
  Advisors can identify the future opportunity which helps them in gaining more number of investors. The amount to be received from clients assists advisors in retaining current investors and helps in informing investors before the due date. The relationship among the advisors and the investors improves with the transactions.

• Advance Features
  Clients shows their interest in advance facilities and features that doesn’t require efforts and time but gives the desired results and the Mutual Fund Software for Distributors does the same for the investors which helps advisors in securing more number of clients. Also the advance features reduces the task of the advisors and helps in improving the productivity of the entire firm.

Takeaway

The advisors can enhance the business performance through the trending technology and can deliver services to multiple clients at a time. Also the revenue of the business increases within very short span which improves the functioning of the firm.

For more information, visit @-https://www.redvisiontech.com/

Why Without Mutual Fund Software Advisor's Business Is Incomplete?

 Technological advancement is the biggest reason for survival and competition of most businesses which gives dominant position in the industry over rivals.  The IFAs and MFDs dealing in the actual market have to face lots of challenges to pursue the activities of the business which involves multiple functions to be performed at a single time.

The Mutual Fund Software manages this entire task on behalf of advisors even in the absence of the advisors to reduce the dependency of operations. The financial tool gives the right strategy to the advisors in managing funds of the investors.

 Challenges to Advisors without Financial Platform

• Difficulty in AUM management.
• Estimation of current valuation is complex.
• Typical on boarding process.
• High cost of operations.

The below points will make it clear the importance of financial tool

• Transparency
  Without platform the transparency between advisors and the clients get reduced as they don’t have common platform to deal with each other as a result of which the communicated gap takes place.  The Mutual Fund Software forms the effective communication between the advisors and investors to make the transaction procedure more convenient.

• Multiple Solutions
  Advisors using updated software can deliver multiple solutions and services to the investors via one place from preparing reports to calculate future returns. The operations of the firm become quite too simple which helps in focusing on main areas of the business without any interruption.

• Portfolio Management
  The funds management becomes easy for the advisors through the Mutual Fund Software for IFA which assists advisors in supervising the funds. Even in the volatile market advisors can deliver profitable results to the investors as to improve the productivity of the amount invested by the investors.

• Leads Generation
  Generating leads for business continuity is foremost for the advisors which is difficult in absence of technological assistance. It becomes essential for the advisors to have a resource that assist in acquiring constant leads for business which ensures continuous flow of revenue; also it improves the performance of the advisors business.

• Instant Investment
  The facility of immediate investment helps advisors in placing instant orders on behalf of the investors through Mutual Fund Software for Distributors which eases the transaction procedure for the investors and advisors as well. It even facilitates in placing future orders where the payment request can be confirmed by the investor on the specified date.

• Client Relationship
  Managing relationship with clients is essential for the advisors as to retain the clients for a long period of time which helps advisors in maintaining performance of firm. The future of business depends upon the efficiency of advisors to deal and serve to investors.

Takeaway

In order to improve the functions of business the advisors need to adapt the updated technology which helps advisors in enhancing productivity of the firm. Without having assistance of such facility it becomes difficult for advisors to pursue business operations. The business activities become easy when advisors have sufficient resources to conduct operations.

For more information, visit @-https://www.redvisiontech.com/

Why Mutual Fund Software Prepares Capital Gain Report?

 

The statement of capital gain shows the actual amount of profit received by the investor on redemption of funds. The Mutual Fund Software gives reliable reports which improve relations between advisor and investors. For more information, visit @-https://www.redvisiontech.com/

Why Mutual Fund Software Prepares Tax Package Reports?

 

The tax package reports help the clients of the advisors in filing ITR as to claim deduction. The Mutual Fund Software allows advisors to quickly share the tax package report as to ease the investors. For more information, visit @-https://www.redvisiontech.com/

6 Common Issues without Mutual Fund Software Advisors Face

 

 No business is easy to run whether it is small, medium or large and especially business of funds management like yours requires special knowledge and skills. From dealing with numbers of clients to deliver regular investment status, a lot of functions are needed to be performed and the same involves huge efforts and time of the financial advisors. A stage comes where you feel to get assistance from someone and that can be done with Mutual Fund Software which handles vital tasks on behalf of advisors.

Technology is changing the game

• Making business smoother.
• More work at less cost.
• Compete with rivals.
• Capture major market share.

Here are some of the problems that advisors suffer in absence of wealth management software:

• Clients Management
  Managing clients is one of the biggest issues that advisors usually face as the numbers of clients increases with every financial year and managing each client becomes a complex procedure for advisors. In such scenarios Mutual Fund Software for IFA takes care of the clients through systematic data and portfolio management of the investors.

• Reports Formation
  Presenting reports in front of the investors is a challenge for the advisors which requires accurate status of investment figures and also the calculations of present values are too tough if the advisors try it manually. The software can help advisors to overcome the issue and allows showcasing instant reports to the clients through a single click. Quick reports development is mandate for advisors to retain faith of the investors.

• Back Office Operations
  Nearby 33% of the advisors find it typical to manage back end operations of the firm that also consumes heavy time and efforts of the advisor. Subsidiary task involves significant costing of the advisors having potential to last impact upon the progress of the firm. The Mutual Fund Software for Distributors efficiently handles all the back end operations and assists advisors n focusing on key areas of the firm which requires advisors attention on priority.

• Investment Plan
  Investing client’s funds is not that easy and needs relevant strategy that gives lucrative returns to the clients. A wrong plan can make huge loss of the investor and the advisor will lose the client and the same will prove harmful for the reputation of the advisors business. The tool eases the financial planning for the advisors that is backed by research and ensures accurate returns.     

• Communication Barrier
  Connecting with investors is one of the difficult tasks for the advisors which involve consistent interaction that also improves the relationship between the parties. The Mutual Fund Software in India removes that communication gap and promotes healthy relation among the advisor and investor through consistent alerts, mail and SMS facility. The advisor can display pop up on the advisors app to notify most important messages.

• Funds Tracking
  Monitoring funds of investors on regular interval is essential for advisors and without having a potential platform it becomes a hectic process for advisors. The financial tool assists advisors in keeping a constant eye on the funds of the clients and ensures most optimum results on the investment.

Takeaway

Implementing technology is the foremost need of the advisors that enables them establishing own name in the industry and gives edge over competitors. Operating through traditional method is not going to generate satisfactory results, with the changing business pattern advisors need to adapt updated resources that ultimately contributes in the goals of the advisors.

For more information, visit @-https://www.redvisiontech.com/

Financial Advisors with Self Research Opportunity Delivers Guaranteed Returns to Investors…. Here’s how?

Research is the primary step for advisors before recommending schemes to clients for investing funds. Investments backed by research produces assured returns on the invested funds and supports investment strategy formed by advisors.

 

What Research gives you?

• Action in right direction.
• Fair strategy.
• Future predictions based on past performance.
• Eliminates mistakes.

How Advisors can Research?

Research Desk allows advisors to perform deep analysis over the schemes through which best selection can be made for investment.

The Mutual Fund Software has potential to calculate appropriate future returns based on the current cost and inflation rate. Also, the advisors can make comparison among different top schemes to opt the most suitable one for investors.

Why it is important?

• Gives details of future returns.
• Assess previous record of investments.
• Multiple calculators based on goals of clients.
• Generate model portfolio.
• Elaborated factsheet detail is available.

How it Works?

• Convenient Mutual Fund tools in one place.
  
  
  
  
  
• Several calculators to estimate future value of investments.
  
  
  
  
  
• Compare up to top five funds for selecting the best one.
  
  
  
  
  
• Prepare model portfolio showcasing asset allocation.
  
  
  
  
  
• Generate factsheet within few clicks.
  
  
  
  
  

For more information and related queries visit https://www.redvisiontech.com/

How Mutual Fund Software for Distributors is Increasing Business?

 

The operations of the firms get increases with the help of Mutual fund software for distributors which even ease the performance of the firm and helps advisors to grow the business avenues and earnings. For more information, visit @-https://www.redvisiontech.com/