Small Steps to Health and Wealth™ Barbara O’Neill, Ph.D., CFP®
Wealth e-office ™
description
Transcript of Wealth e-office ™
Wealth e-office™
A Online Wealth Management ERP Software For Financial Advisors
About REDVision Computer Technologies Pvt. Ltd.
RED Vision Computer Technologies Pvt. Ltd., Offering B2B application services since 2006 to help Financial Organizations & IFAs to exceed their technological expectations in India. Our competencies lie in Enterprise Resource Planning (ERP) Development and Maintenance. We combine our Technical & Financial Domain Expertise to create world class one stop solutions for Financial Advisors and Planners.
Facts & Figures• Established in 2006.• First company to introduce Wealth Management & Financial Planning
platform in India.• Headquartered in Central India, Indore, M.P.
• Strong Financial Domain knowledge and expertise.• Full time Team of 22 Programmers & Server Consultants. • 28 Financial Domain Consultants, combine experience of 100+ Years.
• 35 members team for After Sales, Web development and Business development.• 4,50,000+ Online Portfolio Users across the Globe.• Use by More than 700 CFPs and Financial Advisors across 130 cities in India. • Sun Microsystems, Sun Certified Programmers for Java 2 Platform, Standard Edition 5.0• ISO 9001:2008 Certified Organization. *Figures as on 31 Mar 2014.
REDVision’s Product Range
Wealth EofficeWealth Management
Software
websitesbazaar.comWebSite Development
Financial TickersData Tickers for Website
FP SamuraiFinancial Planning Software
Introduces Industry Changing Software-as-a-Service Platform with New and First-Ever Features for Financial Advisors.
Welcome to the world of
Automatic MF Transaction, SIP & Folio Master File Upload in Software
Wealth Eoffice is India’s only software Uploads CAMS, Karvy and Sundaram Transactions, SIP and Folio Master files Automatically (without manual work) from
Registrar on daily basis, This process saves your 45 minutes every day.
Cams
Karvy
Sundaram
Server
Automatic Update at Your End
How this system works?
Daily
Mailb
ack
File
s
Get Freedom from Daily Manual File Uploading, Give more time to Clients instead!!!
Uploaded at 7.00AM
Why Wealth eoffice? • First Online Software in India with Multi Assets & Financial Planning with
inbuild CRM.
• India’s Only Software which upload MF Transaction, SIP & Folio Files AUTOMATICALLY.
• Can be integrated with 3rd party Online MF Buying/Selling Platform.
• Most User Friendly software with self explanatory reports.
• Each client gets separate wealth account login to check net worth online.
• Auto SMS/Email Funds Valuation, Insurance, FD & Postal Maturity & Birthday to Client.
• 100% web based, Freedom to access your portfolio from any part of the world.
Dash Board View
Wealth Report on SMS/Email
Products covered in Wealth Management Software
o Mutual Funds
o Equity
o Life Insurance ( All Companies)
o General Insurance ( Includes Health & Vehicle )
o Post Office & Bank FD
o PPF, EPF, RD, Corporate FDs, KVP, RBI Relief Bonds
o Commodities (Gold & Silver),
o Real Estate
Individual Wealth Report
Strategic Advantage of eoffice.
Information = Opportunity
Now you know:-
• How much Life Insurance, Health Insurance, Bank FD, RD, Bonds, PO, MF, Equity and Real Estate client have from other Advisors.
• You know when these products are getting mature
• With the help of this information you can switch/Transfer that business under your advisory.
So Business Logic is:-
More Cross Sell = Bigger Market Share
MF
When you click on ‘+’
Family Wealth Report is one view wealth summary of every member in a family, its shows the individual portfolio
details when you click on show button.
Family Member’s Portfolio
User Friendly Reports Navigation
MFCapital Gain Report
Customer Satisfaction Determines Business Success
Customer Satisfaction
PerceivedServices
ExpectedServices
Some Fact about Customer Behavior
66% Customers are lost primarily due to indifference in Services
14% Customers are lost due to dissatisfaction
96% Customers don’t complain… they choose another advisor.
The customers who feel poorly served will tell between 8 and 16 people about their negative experience.
A WOW customer introduce you with at least 3 new customers.
A new customer acquisition is ten times more expensive than to keep a current customer.
- Bain & Company Research
Customer Expectations are Normally Not Very High
BUT…Your Job is to Surprise Them
Customer’s “WOW” Level is :- “Doing
What They Haven’t even imagined”!!!
MF Section
Other Reports in Mutual Fund Section
Life Insurance Policy Holding ReportLI
Life Insurance ManagementFollowing Features Included in Life Insurance Management
Module
Enter New Policy
Get Due List For LI Policies
Paid Premium details of Policies
Update Or Delete Policies Entered Previously
Get LI Transaction details of each client
Get List For LI Holders
General Insurance Policy Holding Report
GI
General Insurance ManagementFollowing Features Included in General Insurance Management
Module
Enter New Policy
Get Due List For GI Policies
Enter Policy Renewal details
Update Or Delete Policies Entered Previously
Fixed Deposit Investment ReportFD
FD, PPF, EPF & RD ManagementFollowing Features Included in Management Module
Enter Bank FD, Corp. FD, PPF, EPF and RD
Maturity List
View/Update Or Delete Details
FD, Bond, PPF, EPF & RD Holder List
PPF & RD Management Module
Post Office Investment Report
PO
Post Office ManagementPost Office Module include RD, Time deposit, KVP, MIS, NSC, PPF &
SCSS.
Enter New PO Business
Postal Maturity List
View/Update Or Delete RD, TD, KVP, MIS, NSC, PPF & SCSS
Postal Investor List
Direct Equity Holding Report
EQ
Direct Equity ManagementFollowing Features Included in Direct Equity Management
Module
Enter Bought Equity Details
Enter Sold Equity Details
E Equity Holding Report
Equity Transaction Report
Delete Equity Transaction
Commodity Holding Report
Commodity ManagementPhysical/Demat Commodity (Gold/Silver) Management Module
Enter Bought Commodity Details
Enter Sold Commodity Details
Commodity Transaction Report
Delete Commodity Transaction
Real Estate Holding Report
Real Estate Management
Enter Bought Property Details
Enter Sold Property Details
Property Transaction Report
Delete Property Transaction
Update Property Rates
CRM Module
Store All Client’s Documents like
PAN Card, Driving license, AADHAAR
Card etc.
Store All Client’s scanned
Documents like PAN Card, Driving license, AADHAAR
Card etc.
Automatic way to send Bouquet/Cakes
to your clients on Birthday/Anniversary.
Map your client by City Area wise, now you can meet more numbers of
clients in each visit to any area of your city.
Manage Back office employees.
Plan your monthly activities/task with Monthly
Planner.
Monthly Planner View
CRM Calendar Never lets you forget Client’s birthday, Anniversary, SIP Expiry and LI/GI/FD/PO Dues & Maturities.
Advisor’s Business Statistics Summary
FP SAMURAIEMBEDDED FINANCIAL PLANNING SOFTWARE
Step 1 Clarify Your
Present Situatio
nStep 2 Identify Goals and
Objectives
Step 3 Identify Financi
al Proble
ms
Step 4 Recommendat
ions
Step 5 Implem
ent Strategi
es
Step 6 Monitor
and Review
6 STEPS FINANCIAL PLANNING APPROACH
DIFFERENTIATING FACTORS OF FP SAMURAI
Created with International practical Approach especially for “Indian” Clients.
Consulted by Team of CFPs, CAs, MBAs, having combine Work Experience of more than 100 years.
More focus on simplicity with comprehensiveness to address client’s need.
Huge plan storage capacity because you may review plan of a single client 100 times in next 10 years.
It’s Online: Access from anywhere any time, no geographical limitation.
Unique 6 Methods for Life Insurance Need Calculation.
Self Developed ‘PERP Method’ to calculate exact amount of monthly pension at the time of retirement.
Retirement Corpus utilization table to make clients comprehend the post retirement cash flow scenario.
Ample space to add products suggestions and recommendations in the plan.
PDF Conversion & storage facility.
Financial Planning Software
Add more details
Tabs for filling FP Data
Unique “PERP Method” to Calculate accurate Pension
amount.
6 Methods for Life Insurance Sum
assured Amount Calculation
Save & Submit to Generate Primary Financial Plan
Primary Financial Plan
We are on Front
Page of Financial
Plan.
A Primary Financial Plan
some thing like Diagnosis
Report for a Doctor.
Now the Financial
Planner’s work starts
here, you can add
recommendations,
Suggestions & solutions
for improvement in
financial health and on
different Goals, Will
Creation, Asset
Allocation, Life Insurance,
Health Insurance,
Retirement Planning etc.
Table of Contents
It will help you and your
clients to view the areas
covered in the financial
plan.
Define Fee Structure
This is a part of “Letter
of Understanding”, It is
always recommended
to agree with a client
on a fee structure in
various heads and
signed it up to avoid
any confusion in
future.
The Fee structure is
generated along with
“Letter of
Understanding”, it will
be saved with
Financial plan, So that
you can view or review
any time in future.
Suggest a Will.
This page will be
added when you click
on the check box in
the personal
information under
head “Suggest a Will”.
Income & Expenses
This is one sight view
of client’s entire
monthly income and
expenses with pie
chart. When you have
to suggest on expense
cutting it is always
better to have a
expenses distributed
view for better
understanding.
Asset Liability & Networth
Your Doctor always ask
about what drugs you
are already taking
before prescribing new
one, same way you must
analyze current asset
allocation and till what
extend these asset can
help clients in
achievement of goals.
Liabilities & Networth Analysis
Liabilities Analysis sheet
give a brief overview on
EMI out flow, total
outstanding, rate of loan
and liability holder which
is useful in taking
various decisions
regarding priority in loan
repayment.
The Net Worth Shows
How Much Money Would
be left if Everything
Owned was converted
into cash and used to
pay off all debts.
Ratio Analysis
Ratio Analysis helps you
in finding symptoms of
Financial Disease, so
that you can take
corrective actions on
time to improve in the
same.
Ratio Analysis
includes
1. Reserve/Surplus
Ratio
2. Saving to Surplus
Ratio
3. Debt to Income
Ratio
4. Liquid to Networth
Ratio
5. Solvency Ratio
6. Debt Asset Ratio
Asset Allocation Analysis
Asset Allocation analysis
forms the foundation of
any financial plan. In
fact, determining the
right mix of stocks,
bonds, cash and other
asset classes may be
your one of the most
important investment
decisions.
Before reaching any
concrete decision it is
must to analyze what
client already owned, FP
Samurai provide
analysis on Asset
Allocation, Return
Efficiency level,
Expected Return
Delivery, Asset Liquidity
Level.
Life Insurance Analysis
A financial plan should
cover all areas of your
financial needs and
should result in the
achievement of your
goals. The scope should
cover areas such as risk
management and
insurance techniques
that would protect your
goals against any
unforeseen calamity.
We Provide 6
Methods of Life
Insurance Need
Calculation which
gives you scope to
protect Income,
outstanding loans,
Goals & Expenses etc.
Life Insurance Recommendations
Life Insurance need
Calculation is like
diagnosing the patient
and finding the
deficiencies, but main
part of solution is to
suggest the medicines,
in same way life
insurance analysis will
calculate the sum
assurance amount but in
Recommendation
section you can suggest
the scheme name, type,
sum assured, yearly
Premium and tenure,
also you can add
multiple policies and
reason to suggest the
policy in the last.
Health Insurance Analysis
Health Insurance is one
of the important factor
of financial planning for
your client. In the recent
survey, it shows that
India has the highest
number of diabetes
patients in the world.
This section not only
provide the health
insurance need
details but also give
you panel to add
policy details and
recommendation
which will be saved
permanently in your
desk.
Asset Allocation Recommendations
Research has shown that
choosing right asset
class has highest impact
on returns, FP Samurai
gave u featured
recommendation panel
which compare current
asset allocation with
buy/sell Action.
Contingency Fund Arrangement
Here FP Samurai makes
difference of creating a
contingency fund
arrangement separate
for husband & wife (if
both are earnings)
according to household
monthly living expenses.
Goal Plan Analysis and
Recommendations
Goal Planning section
give a separate roadmap
of your each goal with
Advisor’s
Recommendations, Goal
planning also includes
“This Goal has Been
PROTECTED” Seal if the
goal is insured by Client.
Goal Planning
Includes following
Goals:
- Child Education
- Child Marriage
- Retirement Planning
- House & Car Planning
- Holiday Planning
- Self Education & other
Goals
Retirement Planning With Post Retirement Cash
Flow and Recommendations
Retirement is a very
important Goal in Financial
Planning, Client wants a
fool-proof pension plan with
cash flow statement till the
end of life.
Retirement Planning
Includes:
- Find how much pension
required with the help of
PERP Method.
- Gives a corpus needed to
form a retirement kitty.
- Gives Complete retirement
amount utilization cash
flow that will be near to
zero at the end of life.
* Image is fade due to lack of
space, please go for live demo for
actual look & feel.
Important Disclosure
This section is necessary
important disclosures, you
can insert/edit/delete
yours points also.
You can also Generate
Financial Plan in PDF
Format by clicking on
“Generate Final
Report” in the last of the
page.
Financial Plan Storage
Software has storage area
with unlimited capacity
which can save all
Financial Plans of clients
from First plan to each
review and there is one
click email sending panel
which will send an well
drafted email to your
client with attached
Financial Plan in PDF
Format.
What will happen when…
Your Client investing Rs.100000 for daughter’s marriage & want to switch to Bond fund when the amount grow to Rs.200000 anytime in next 5 Years, How you will remind him.
Your client want to redeem money when he will get profit of 20%.
Your client want you to remind him when the NAV of a fund reach to Rs.15.
Many client didn’t know that they have completed 3 Years in Tax Saving Funds (ELSS).
Do you remember Jan 2008 when your clients were getting huge profits but you couldn’t book it.
Set Triggers/ Alerts on SMS
Set Profit Booking Trigger
Set NAV Target Trigger
Set Target Date Trigger
Trigger by Achievement for a particular investment
Automatic SMS & Email System
•Birthday & Anniversary Wish to Clients. •Life Insurance policy Maturity Reminders.•General Insurance Policy Renewal Reminders. •FD/ PO/ Bond/ Debenture Maturity Reminders.•Set Monthly Schedule of MF/ Wealth Report on SMS/Email.
Inform Your Clients at Speed of Light.
Reduce business expenses & service time.
“You have to do Competition, only when you are similar to others”
Automatic SMS & Email System
Automatic Lead Generation From Your Clients Get New Customers, Without Any Hard Work
January April July December
You + 5 Clients
You +5 +25
You +5 +25 + 125
You +5 +25 +125 + 625
Clients
Online Reference System
How it will Work:
When your client ‘Logout’ from eoffice
He Will be Asked “Are you happy with our services?”
There will be 3 Options “Yes” or “No” or “Close”.
If Client Click “No”, then he will reach to Feedback.
If Client Click “Yes”, then these text will appear
“The Best Way to Thank Your ‘Wealth Manager’ is provide 5 references”
Your Client Will type Name of his friends & mobile numbers in the given fields
& Click ‘Send, his friend will get SMS:’
Every Reference contact details will be stored in you software.
Q: Is my data secure?
A: Yes, the Linux server which is being used is SSL Secure & Certified by Cyber Security Companies like:
With these certification the Data is more secure even more then your PC.
Q: How I will Get After Sales Support?
A: Redvision assign you a dedicated After Sales Manager to take care of services. Wealth eoffice is 100% Web based System, Queries Execute Directly From Server, So most of the time client will not have any problem but in case if Client have any Problem it Can be Rectify Without Any Physical Visit.
Q: I work from office as well as from home, can I work from both places?
A: Wealth eoffice gives you freedom to work from any part of the world, the only thing which is required is a system with internet.
Frequently Ask Questions (FAQ)
RED Vision Computer Technologies Pvt. Ltd.( An ISO 9001:2008 Certified Company )
Registered Office:401, A-Wing, above UCO Bank,Twins Star Building, Saket Square,Indore 452001 (M.P) INDIA
+91 731 40 26004
E-mail : [email protected] : www.redvisiontech.com
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