Henry Brennan provides a run-down of the ten best new apps to market for advisers and their clients.
From: Seven Investment Management
Good for: Investment planning
7IMagine was designed by members of the creative team behind ultra-popular, keep-you-up-all-night computer games Goldeneye and Donkey Kong. So you know it’s going to be good.
It’s split into two main sections: My Money and the 7IM Wall. My Money shows investors where they are invested across all the different accounts, what types of assets they hold and how their holdings are performing through a series of interactive graphics.
The Wall allows investors to consolidate news and RSS feeds, and 7IM is working towards introducing original content sourced from advisers in the form of webcasts and podcasts in the near future. Well worth a look.
The eight best (new) apps for advisers
Good for: Servicing costs analysis
Fees-ability promises to help advisers improve service levels for their clients following the introduction of the Retail Distribution Review (RDR).
It allows advisers to model and analyse the servicing costs of their individual clients, allowing them, Aviva claims, to develop a greater understanding of the long-term sustainability of their business.
Advisers must go through three steps before the app will produce a ten-year summary of the cost-to-serve and income potential for each client. Impressive stuff.
From: Mortgage Brain
Good for: Mortgage applications
Mortgage Brain’s UKmortgages app allows applicants to search through some 10,000 mortgages in order to find the most suitable product.
Users have the ability to get in touch with a UK qualified mortgage broker to help answer questions and progress mortgage enquiries. Mortgage Brain describes the app as the first of its kind in the UK mortgage market. It is designed to support brokers’ sales channels by promoting them to consumers via next generation mobile devices and delivering free leads.
Features of the app include a mortgage calculator, a database of UK mortgage products and a ‘find a broker’ function.
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