Adviser News - In the Media

Ease of use powers Lite cash flow management tool to one in five Moneysoft subscriptions

Ease of use powers Moneysoft Lite cash flow management tool to one in five Moneysoft subscriptions 15th May, 2018: Time poor advisers and their clients have embraced the streamlined version of Moneysoft’s personal financial management tool, with Moneysoft Lite growing to 20% of active users in less than two years. One in five Moneysoft subscribers now uses Lite, which was launched in late-2016. It caters to advisers and other finance professionals who want a simple, cost-effective way to introduce ‘cashflow as a service’ to their clients. The Lite platform enables advisers to build engagement with different types of clients at varied …

Read More
Case Studies

Building a scalable advice business

Mad About Life Case Study Jodie Douglas, Founder of a relatively young advice practice, ‘Mad About Life’, recently sat down with us to tell us how she has successfully built a thriving practice, by shifting her traditional commission-based risk-insurance business, to an even more profitable and scalable one, using a holistic-based approach. Through applying Moneysoft’s solutions, Jodie has built trust with her clients, providing an even stronger service and value proposition to them– one that keeps her clients engaged and they are willing to pay for. “I don’t think we’ve had any client that’s on Moneysoft leave us. The clients …

Read More
Adviser News - Blog

It’s time to give clients what they want, not what they can be sold

There’s no magic to good advice, it just takes helping clients meet their individual goals. With vertical integration currently a focus for the royal commission, Moneysoft Founder, Peter Malekas discusses the impact such business models have on the financial advice industry. The financial advice industry has come a long way in the last few years, but the journey has revealed just how far there still is to travel. The findings in ASIC’s recent report 562– which raised issues about the quality of advice provided on in-house products by major vertically-integrated institutions – would surprise few. But it also reveals a knot …

Read More
Case Studies

Creating new revenue and client engagement

Dynamic Orange Case Study When it comes to financial advice, people tend consider how much it’s going to cost before they can realise and can appreciate the actual value it may bring to them. Bridging the gap in understanding is a key challenge for many advisers and one that Simon Rayner, a director and financial adviser at Dynamic Orange, has helped his clients with. Since using Moneysoft, he’s seen a vast change not only in his client’s behaviours, but in how efficiently he’s been able to grow and scale his business. “Moneysoft provides the on-going accuracy we need to see the …

Read More
Adviser News - Blog

Let’s make it simpler for planners to give advice on home loans, personal loans and credit cards

Let’s make it simpler for planners to give advice on home loans, personal loans and credit cards Moneysoft founder Peter Malekas says the Productivity Commission’s prospective recommendation for financial planners to provide advice about credit-based products, would turbocharge the shift to holistic advice. The Productivity Commission has raised the prospect of financial planners providing advice about credit-based products without the need for a separate license. Moneysoft founder Peter Malekas says this would turbocharge the shift to holistic advice. Home loans, personal loans and credit cards form a key part of our financial lives and yet ASIC-licensed financial planners can’t naturally provide …

Read More
Adviser News - Blog - In the Media

Moneysoft makes client engagement more compelling with its new user interface

Moneysoft makes client engagement more compelling with its new user interface 6th March, 2018: Moneysoft has re-launched its client engagement and financial wellbeing platform with a more intuitive and streamlined user interface that cuts the time it takes professionals to analyse their clients’ key financial data. The launch follows a 12-month research and design process including extensive interviews and testing with a range of financial professionals who use Moneysoft’s personal financial management tool. Founder and Managing Director, Peter Malekas, said that seeking feedback is central to Moneysoft’s ethos of ongoing product and customer service improvement. “We encourage our users to tell …

Read More
Blog - In the Media

Moneysoft and managedaccounts.com.au join forces

Moneysoft and managedaccounts.com.au join forces to help advisers drive efficiency and client engagement 13 February, 2018: Moneysoft has partnered with managedaccounts.com.au to offer its personal money management solutions to all financial planning practices using the ASX-listed online platform provider. Under the agreement, advisers receive preferential pricing on both Moneysoft Lite and Pro. Those tools enable them to provide additional client services, build greater engagement and unlock further efficiency. Managing director of managedaccounts.com.au, David Heather, said that there is a natural alignment between the two companies with their shared focus on empowering advisers and their clients. “The growth in managed accounts is …

Read More
Adviser News - Blog

The evolving financial literacy journey

Goals-based advice is central to building lasting financial wellbeing Australia is one of the wealthiest countries in the world and yet more than four in 10 people (42%) don’t feel confident managing their money, according to the corporate regulator. It is a contradictory gap that the next wave of ASIC’s National Financial Capability Strategy, which is set to be released shortly, can help bridge. In my career as a financial adviser and, before that, an accountant, I experienced first-hand the challenge of helping people become more adept at managing their money. Long before goals-based advice became a core element of …

Read More
Blog - In the Media

Moneysoft expands team to support growing demand for solutions

23rd November, 2017: Moneysoft has appointed eight new staff in response to growing demand for its suite of personal financial management solutions. This expansion boosts Moneysoft’s frontline account management and client service teams including increased support capability. It follows strong uptake of the company’s core cash flow management software and the recent launch of its Round-ups solution. The new appointments are in account management, product development and support, as well as new hires in the sales team. Moneysoft’s Australian team now numbers 18 full time staff. In addition, Moneysoft has increased its offshore capability with nine additional staff in Europe …

Read More
Adviser News - Blog

Scale your business through a collaborative cash flow management service

How taking a collaborative approach can help you to scale client cash flow services and drive more profit Financial Advisers can sometimes struggle to provide cash flow management services because they cannot profitably scale administration and client engagement. Through collaboration and better understanding of the client’s financial situation this challenge can present a huge opportunity for Advisers to scale their business. There are 3 common dilemmas for Advisers: They can quickly get bogged down with the small stuff as they try to establish a systemised approach to assist clients. They can easily get busy, and are reactively focused on ‘non-growth’ …

Read More
1 2 3 19