Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Select Wealth Roll Out New Online Advice Process

Select Wealth Management are pleased to announce the roll out of their new online advice process, including electronic applications and identity verification.

Select Wealth (part of the Investment Services Group), has been able to leverage its partnership with Salesforce and Davanti, one of New Zealand’s leading technology consultants, to create a bespoke adviser and client centric tool to assist advisers in navigating the advice process and streamlining the application process.

“We’ve really focused on creating a tool which allows advisers to more easily navigate the detailed advice process, making sure they can be confident about meeting all their obligations, and allowing them to focus on the most important aspect, their relationship with their client” says Debbie Tuddenham, Head of Select Wealth.

The process leads an adviser through the fact find and needs analysis process, allowing them to collect and store client information electronically. This information can then be used to provide clients with an individualised investment proposal with all the relevant information included.

There is also a range of tools to assist advisers in identifying clients’ risk tolerances, goals and objectives and to provide projections based on clients’ current positions. This allows advisers to have meaningful discussions with clients about where they want to be in the future, and what they need to do to get there.

Debbie notes that “one of the major frustrations advisers were telling us they faced was the requirement to duplicate information over and again. The great thing about this process is that all of the information you have already captured is used to automatically populate the application form. For clients who choose to, advisers can also email them the form for electronic signing, which is then submitted directly for acceptance by our Administration team. We’ve partnered with APLYiD to enable advisers to send clients a text link to electronically verify their identity from their smartphone in less than five minutes”.

Andrew Kelleher, Director of Select Wealth, says “We’ve tried to take as many of the pain points out of the process as we can, by creating a tailored, streamlined experience which makes it easier for advisers to concentrate on what matters most; their clients’ needs and objectives. This and other initiatives which will complement the services offered by Select Wealth Management put us in a really strong position in the market to assist advisers to continue to operate and thrive within the new regime we are all working in.”

Select Wealth Management is a wholly owned subsidiary of the Investment Services Group. The Investment Services Group is a New Zealand firm focussed on supporting and growing financial services firms using best practice. Select Wealth currently manages close to $800m of client funds across over 150 advisers throughout New Zealand.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats NZ: Largest Drop In Terms Of Trade In A Decade As Dairy Export Prices Sour

Lower export prices for dairy, meat, and logs in the September 2020 quarter led to the biggest drop in terms of trade since June 2009, Stats NZ said today. Export prices fell in the September 2020 quarter, down 8.3 percent from its highest ever ... More>>


Stats NZ: Election Boosts October Job Numbers

Job numbers were boosted by general election staff in October 2020, along with rises in the manufacturing, retail, and hospitality industries, Stats NZ said today. Filled jobs rose by 27,667 to 2.2 million in October 2020 compared with September, after ... More>>

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>


Media: Discovery, Inc. Completes Acquisition Of New Zealand’s Mediaworks TV Ltd

Auckland, New Zealand, December 1, 2020 - Discovery, Inc. (“Discovery”), the global leader in real-life entertainment, has completed its acquisition of New Zealand’s leading independent free-to-air commercial broadcaster, MediaWorks TV Ltd, now operating ... More>>

Department Of Conservation: Big Year Underway At Albatross Colony

Familiar faces are returning for the new season of Royal Cam, with a big breeding year underway for the toroa/northern royal albatross colony on Otago’s windswept Pukekura/Taiaroa Head. More than 120 albatrosses, a taonga species, have returned ... More>>

Real Estate: ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing


House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>