While personalised financial planning may define a financial planner’s value proposition, and tailored outcome-based solutions may define that of a discretionary fund manager (DFM), it is AI and technology that now dominate any discussion about the future of these financial services.
Although AI was not on the public radar yet, Anton Turpin, MiPlan CEO, identified technology as a defining catalyst and lever for the best-in-class asset manager way back in 2008 when he founded the business. And this forward-thinking strategy has been carried through into the unique selling proposition offered by their DFM, AssetPilot, which uses technology to drive both excellence and reduce cost.
Miplan and its DFM Multimanager offering AssetPilot manage assets approaching R20-billion, providing a secure financial base for advisors and clients alike.
The philosophy has been one of creating a collaborative relationship between the investor, advisor and asset manager. By closing the gaps in the investment process, risks are minimised, unsuitable advice-giving is avoided and clients are helped to attain their financial goals. This is achieved through technology developed in-house by the software development team.
AssetPilot uses client-specific data to populate individual investment plans that are linked directly to the individual investor’s goals. The client’s plan and portfolio are built on deep insights from client data, cashflow analysis, as well as unique financial requirements and asset management risk disciplines. This technology is delivered though bespoke desktop financial planning that incorporates unique offerings such as:
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Cashflow-based financial planning seamlessly integrated with tailored asset solutions
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Technology that analyses and manages the most important risks to the success of any plan:
– Inflation risk
– Sequencing risk of returns
– Longevity risk (risk of running out of money)
- Technology monitoring guardrails for reviewing a plan to ensure clients’ portfolio returns can still deliver on the original financial plans.
By leveraging off advanced technology, the investment expertise is transformed into practical, real-world solutions tailored to the clients’ goals. AssetPilot’s technology enables the advisor to deeply understand client needs, so that best-in-class portfolios are designed, enhancing outcomes with precision and impact.
Technology-enabled best advice is what differentiates AssetPilot in the crowded market of DFMs.
AssetPilot empowers advisors to harness the knowledge gained through technology, to elevate their roles when dealing with clients, improve client outcomes and drive business efficiency. This saves the advisor time and allows them to scale their business, without compromising on the quality of advice.
AssetPilot helps advisors’ partners to deliver tailored investment strategies for each client. And by combining smart technology with the advisor’s human expertise, AssetPilot helps strengthen the trust that underpins lasting client relationships.
