Private Wealth Managers strive to give the best possible investment advice so that their clients may achieve their (personal) financial goals. But the entire investment advising process has become quite complicated over the last couple of years.
The number of individual clients with multi-period objectives and varying risk tolerances continues to grow and, as a result, the need for client-specific and more efficient planning increases. The call for a higher transparency, the intensified regulatory pressure and the greater complexity of asset allocation all demand a thorough reassessment of how private wealth managers should operate.
Because the current advising methods in Private Wealth Management often fail to meet these challenges, ORTEC offers the OPAL Asset Planner. OPAL is unique in its ability to perform multi-period and multi-target planning. It applies, based on the professional ALM-systems that ORTEC develops for its institutional clients, scenario analysis to the field of private wealth management. As a result, Private Wealth Managers can focus more efficiently on the unique circumstances of each individual client, with particular emphasis on their specific level of risk tolerance.
The excellent portfolio monitoring capabilities of OPAL Asset Planner encourage periodic review meetings with clients and provide the wealth advisor with an overview of the composition of the total clientele, an important new dimension for firm-wide planning.