Fortnum Financial Advisers partners with Moneysoft
Moneysoft will provide its digital money management solution to Fortnum Financial Advisers under a new partnership set to boost client engagement and provide greater insights across the advice process.
Fortnum will provide the co-branded Moneysoft tool to advisers across its full network, enabling them to empower clients and bolster their financial wellbeing.
Fortnum’s Practice Technology Manager, Cassandra Mackay, said Fortnum are excited to provide our Adviser Network with a tool to engage their clients in budgeting and cash flow.”
“This is a great opportunity for an adviser to partner with their clients to achieve their financial goals.”
Moneysoft Pro and Lite are both cloud-based digital solutions offered by the company, to helps clients manage their cash flow and establish healthy financial habits. While Pro is the flagship product launched by the company, the newer Lite solution enables an adviser to rapidly assess a client’s financial health and engage them in an initial cash flow service.
“We believe Moneysoft empowers our advisers with meaningful personal data and the software is a strong step towards supporting our practices with tools that engage clients, earlier in their overall financial journey”, added Mackay.
Fortnum has a network of over 100 financial advisers across Australia, with total funds under advice of more than $5 billion. Last year, Fortnum won the CoreData and Professional Planner’s owned licensee of the year award.
Jon Shaw, Moneysoft’s head of technology and commercial operations, said that the platform will support Fortnum well into the future by providing high quality, tailored advice to empower its clients, while also generating productivity and efficiency improvements.
“Through our discussions and interactions with Fortnum’s team over the last 12 months, it became clear that our proposition closely aligns with the way they plan to progress their advice model,” he said.
“This new partnership, along with some very exciting developments in the pipeline, will enable all Fortnum advisers to access market-leading technology to engage and acquire new clients, service existing, and foster innovation around advice delivery.”
Moneysoft’s dedicated account managers will work closely with Fortnum’s practice development team on service delivery and technical support during the roll-out. This will include a comprehensive training program to help advisers manage initial client on-boarding, integrate the solution and develop the ongoing service packages.
Fortnum is the fifth financial advisory group to sign with Moneysoft in the last six months, joining a stable of clients that includes Clearview, RI Advice, Millenium3, Financial Services Partners and Mortgage Choice. Moneysoft is now employed across 11 dealer groups in total.
