Web-based wealth management systems provider netDecide and Standard & Poor's have teamed up to provide customisable investment tools for financial advisors and planners.
Customers of the netDecide Wealth Management System (WMS) will be able to access Standard & Poor's market data and content, including financial planning recommendations, model portfolios, and stock picks, to recommend investment options to clients. Advisors can supplement this data with market research provided through Standard & Poor's Advisor Insight platform.
In turn, customers of Standard & Poor's Advisor Insight will have access to the netDecide WMS to enhance the wealth management services they can deliver to clients. Functionality, such as advanced estate planning or charitable gifting, can be turned on and off to meet the specific needs of a firm or independent advisor. Even specific features such as Monte Carlo simulation, Mean Variance Optimization or Model Matching can be selected as required.
In addition, the open architecture of the netDecide solution supports integration with the custodians and clearing services used by the majority of independent planners.