BUSINESS SUPPORT
There are two polar opposites here , depending on how much involvement a firm would like in the creation of an advice model . From a Core Advice Model approach , the model and the solutions are pre-designed and readily available with minimum firm input . For those firms out there who wish to have a unique business model with as much input as desired there is the Bespoke Advice Model . So , as you would imagine , there is whole lot of support SimplyBiz can provide . But let ’ s not throw it all at you to work out , we need to put some context around it , putting it in order .
Business Principles |
Advice Process |
Technology |
Platforms Products Investments |
Reports and Client Documents |
|
Compliance support
Compliance Audits
T & C
|
Construct CIP / CRP
Construct charging proposition
Consumer Duty
Advice models
|
Back office / Hub
Risk management
AML tools
Switching tool
Cash flow modelling
Drawdown tool
Vulnerability assessment
|
Investment committee
SAA
Independent research : platform product investment
Supporting research documents
Research reports
|
Pre-sale checks Post-sale checks File review standards Quality of advice |
|
|
Client feedback software |
Due diligence reports |
|
Just from this information above you can see the depth of support and collective knowledge SimplyBiz can bring to your business . All you need to do is decide your level of involvement . At SimplyBiz , we understand that all firms are different , with varying levels of experience , independence from umbrella organisation such as networks , and the desire to run unique business models so we want to support you in all these areas . But at the heart of it , you ’ ll be running around the virtual financial services world in full control using the L Stick and the R Stick .
Find out more about how we can help build your business , visit the Investment section of the Member and Client websites and be sure to join us at the current round of Investment Forums ( for SimplyBiz ) and the December Professional Development Events ( for Compliance First ) as we present our new offering .
# 09 | AUTUMN / WINTER 2023 | 35