PlanPlus Global launches new brand and product suite
Software firms FinaMetrica and PlanPlus have formally rebranded to PlanPlus Global following their merger in August last year and revealed details of a new product suite.
The new product, SuitabilityPro, is a platform that delivers a “scientifically validated” Suitability Score, which gives financial advisers confidence that their clients’ risk profiles map to their chosen portfolios.
It would combine the FinaMetrica Profiler tool, which is a psychometric risk profiling solution, the Pro Planner tool, a financial planning software, and the Pro Tracker tool, which enables continuous portfolio monitoring.
Shawn Brayman, CEO of PanPlus Global, said the tool enables their clients to prove they have applied their knowledge, experience and professional judgment in selecting investments that are in the best interest of their clients.
“It is our overall belief that the issue of “suitability” will become increasingly important and of widespread interest among countries where financial planning and investment advisory industries are established,” added Paul Resnik, executive director, PanPlus Global.
“Consequently, we are initiating a paradigm shift in the way the financial services market views and evidences suitable advice,” he said.
AUTHOR
Anastasia Santoreneos
Recommended for you
JANA Investment Advisers has made several internal promotions and new appointments across its research team to bolster its position in the market.
SQM Research’s former head of research, Rob da Silva, has joined an investment consulting and analytics firm to drive the expansion of its research coverage.
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.
