I love how Dynamic Planner gives you a consistent way of assessing attitude to risk and capacity for loss, of every client. That is integral to our process. It’s one of the first things we do with the client after the terms of business. First, we onboard their investments and then they get a Dynamic Planner risk questionnaire. From there, everything emanates. Dynamic Planner’s advances in digital onboarding have been really helpful, also.
Concise communication. Clear analysis
We really like the investment progress review in Dynamic Planner. It’s great to have all a client’s assets on one platform. A great strength of Dynamic Planner is that, when dealing with multiple providers and multi-asset, you can see everything by product and by fund. You can explain to a client graphically that yes, they have more risky funds along the ‘efficient frontier’, but you are ultimately in the right place with your portfolio.
The investment progress review report is better to read for a client. It has everything, including a wealth projection of where you will likely end up with your investments. We’re really happy with it.
Vulnerability, sustainability profiling
I’m looking forward to introducing the financial wellbeing questionnaire for clients. That will be a big tool to say we’ve asked the questions and a client has told us the answers. Then, every year we’ll ask the questions again to make sure everything is okay. It becomes part and parcel of the review. From a compliance point of view, it’s fantastic.
Like Dynamic Planner’s ESG questionnaire, it’s proof that we have completed the exercise and we’ve discussed it. It is nice to say to a client this is how you profiled on ESG. It’s a discussion point. And every year it will become a discussion point again.
Great face-to-face events
Dynamic Planner’s Training Academies are one of the most useful events you can attend. All the team members there are red hot at what they do. You’re not just talking to salespeople. You’re talking to designers, people who can run everything in the system backwards. The event provided a great insight to what was coming soon in Dynamic Planner and improvements being made.
Fund research – Powerful due diligence
We recommend to clients funds with a Dynamic Planner risk rating, and preferably with a ‘Premium’ research rating. You can say to a client, we’ve researched these funds via Dynamic Planner, and it makes it easy to do in six months’ time.
I certainly would recommend Dynamic Planner to another firm. It’s a well-researched, well thought out system. Also, the wider governance it places on product providers, that in itself acts as a powerful tool. Dynamic Planner governs asset managers’ adherence to its risk measurements and asks them to demonstrate that governance on a quarterly basis. That is powerful due diligence, in terms of a dealing with the client, but also external diligence of funds we are using.