Wealth managers are in the business of managing wealth and assets — but equally important are the client relationships: consistently delivering trust and transparency while staying one step ahead of your clients’ expectations and an evolving market.
Using client segmentation and data analytics, relationship managers in wealth management can gain a deeper understanding of their book of business and gather additional AUM by uncovering critical insights about clients for proactive, personalized engagement. By more intentionally and intelligently monitoring life events, money movement, and changes in the household, relationship managers can anticipate client needs and prioritize the most pressing next actions. In turn, you can better understand advisor performance and better manage you and your team’s most important daily activities to reduce attrition and improve scalability for the long term.
By making use of automation for manual or time-consuming tasks, you can increase visibility for relationship managers and prioritize their business development activities, increase revenue, expand existing household wallet share, and assets under management.
Curate highly customized and personalized advice and service with wealth personas and ideal prospects mapped to products and services based on client engagement, historical data, and seamless integration of data sources.
Automate reminders, data entry and paperwork management, appointment scheduling, document management, reporting and analytics, and early marketing engagement activities so advisors can spend more time prospecting and building relationships with clients.
Leverage data science to build relationships with the next generation and expand your relationships with current households that are likely to be the recipients of significant inheritances.
Get ahead of client life events and disruptions that trigger a reassessment of financial goals and investment strategies (e.g., death, divorce, birth of a child, etc.) and bolster client interactions with relevant advice — improving overall client satisfaction.
Reduce ramp time and improve advisor retention through automation, actionable insights, and comprehensive client and prospect visibility — all achieved through consistent and sustainable processes.
Understand your COI and referral sources that are most likely to convert. Proactively nurture relationships with the most potential and build relationships with the pipeline of leads from events, local marketing, and referrals, including bank branches and other referral centers.
Salesforce’s Financial Services Cloud is a platform that aims to foster long-lasting client relationships through personalized, proactive advice. The cloud-based platform allows for increased efficiency, scalability, and flexibility for wealth management clients and relationship managers alike, improving the overall experience and enabling wealth management firms to grow their business. Whether you are new to using Financial Services Cloud or looking to optimize your use, our team is available to assist you in getting the most out of your investment.
One of the key benefits of using Snowflake is the ability to easily integrate data from various sources, such as customer information from multiple systems. This provides a more complete and accurate view of the client, which can be used to better understand their needs and tailor service accordingly.
Snowflake features data governance to protect customer data, ensuring regulatory compliance. It enables data analytics to reveal patterns, trends and highlight client segmentation based on behavior, demographics and other attributes. With a team of certified SnowPros, we’re equipped to help you get the most value out of Snowflake.
We help financial services businesses in banking, wealth management, and mortgage create compelling, intelligent experiences to attract and retain clients and achieve ROI on data science investments in the process.
Atrium is revolutionizing retail banking, commercial banking, wealth management, credit unions, and mortgage with actionable analytics and AI-powered predictions and recommendations. Our solutions use CRM strategy, best-in-breed technology, and data analytics and engineering to help financial services firms maximize their IT investments.
What’s the key to an asset management firm’s success? Growth opportunities. Referral conversions and the overall number of households you can expand to directly contribute to your ability to grow. Our Salesforce consulting services for wealth management provides you the data and subsequent insights you need to meet your client’s financial goals and extend your reach.
Get a firsthand look at our business science embedded predictive dashboard built in Tableau for helping wealth managers better achieve client goals and foster lasting client relationships.