E*Assist to Showcase Client Monitoring and Communications Capabilities
At IMPACT 2008
Heat Maps and Alert Functions Give Advisors and Investors Peace of Mind
NEW YORK, Sept. 24, 2008 (GLOBE NEWSWIRE) -- Increasing market woes have left advisors struggling to retain and pacify clients as a growing number of investors looks to abandon ship. At IMPACT 2008, E*Assist, a provider of business growth and compliance management solutions for the financial advisor community, will feature the "Advanced Client Analytics" component of its technology platform in response to growing market demand. IMPACT 2008 is Schwab's industry event for independent investment advisors.
E*Assist's Advanced Client Analytics function empowers advisors to quickly analyze their entire client base and segment their book of business through financial metrics such as asset values by quartile, age or investment style. "Heat Maps" provide instant reference to an advisor's entire client base coded by asset value and contact history. Particularly critical in volatile markets, any data point from the maps can be turned into an automated alert notifying advisors of vulnerable clients based on performance, level of contact, or any other specified metrics.
"One thing is clear. Client communication is never more critical than in a market downturn. At any given moment, advisors need to know who their most important clients are, what their current situation is, and when they have last been contacted about their portfolio," stated Ted Tsung, chief executive officer of E*Assist. "Managing client relationships is critical during these volatile times. Our system enables an advisor to instantly access a 'Heat Map' of all of their clients, and see their market position, the history of their last communication, their asset value, and their tolerance for fluctuation. Advisors can even program the system to alert them based on specified criteria so that vulnerable clients are never forgotten," Tsung explained.
About E*Assist
Founded in 2006, E*Assist partners with companies in the financial advisor community to facilitate immediate bottom-line impact and long-term business growth through an automated approach to improved client service, operational effectiveness and compliance management.
The E*Assist practice management platform is designed to empower wealth manager and home office collaboration. It is the industry's first and only complete practice management solution that enables producers, Offices of Supervisory Jurisdiction (OSJs) and Home Officers to use a single dashboard to drive all recruiting, on-boarding, compliance, transaction processing & monitoring, client analytics and servicing activities. The result is unparalleled compliance oversight, workflow management, client service, and process improvement. E*Assist's technology platform simplifies and automates operational and client management issues, while facilitating increased client contact and productivity. E*Assist's offices are located in New York, NY. For more information, please visit www.eassistllc.com.