Introducing Vantage: Data Insight from Parmenion
For financial professionals only
When I joined Parmenion last year, one of the things that impressed me most was the way we constantly respond to adviser feedback to enhance the value we bring to our customers.
With our own in-house technology and data warehouse infrastructure, we have the power to make continuous improvements, all driven by you.
Vantage, our new adviser reporting service, is a great example of that.
Bringing together a whole range of business data and management information that’s been requested by adviser firms, it goes the extra mile by presenting it in one brilliantly simple dashboard.
As the name suggests, Vantage gives owners and managers of adviser firms a powerful vantage point from which to make informed business decisions, improve efficiency and identify risks and opportunities for growth.
Monitor the size and shape of your business
With Vantage, you can stand back and reflect on the sort of business your firm has been writing and take stock of your total assets under management. You can analyse your client base by average age, the amounts they are investing, the risk grades they select and the investment solutions and tax wrappers they favour. Vantage does all of this at firm level, and invites you to take a closer look at the relative performance of your team, with tabs for up to 10 individual advisers. And this is just the start – further advances in functionality will follow.
Visualise emerging trends
Parmenion’s expertise in designing efficient user interfaces takes centre stage, with Vantage data presented in a set of clear charts and graphs. No tables of impossible to read figures to wade through.
The reports can be easily clipped to use in internal presentations and help you spot trends. Did your clients become more risk averse last year? Are you seeing a growth in your larger GIAs? Are you attracting more younger clients? Vantage makes it simpler and easier to see the answers to all these questions.
Support good outcomes
There’s a well-known saying, ‘You can’t manage what you can’t measure’. If you can’t measure it, you can’t improve it either. With Vantage, the measure of your practice is laid out in a dashboard, expressly designed to make the management of your business on the Parmenion platform as straightforward as possible. Regulation, specifically the PROD rules, requires Senior Managers to get to grips with governance, supported by up to date information. Vantage will help you rise to this challenge.
Keep your MI secure
Management Information tells the inside story of your firm. What it reveals can help determine your business value. That’s why we have made sure that the data in Vantage is under extremely tight control, both inside your firm and ours. Permission to view the dashboard is granted and controlled by you.
Add Vantage to your business overview
You’ll find more details about Vantage and how to book a demo here. Or if you’d simply like it up and running as soon as possible, please get in touch with your RSM and they’ll do the rest.
“The above article is intended to be a topical commentary and should not be construed as financial advice from either the author or Parmenion Capital Partners LLP. If a client wishes to obtain financial advice as to whether an investment is suitable for their needs, they should consult an authorised Financial Adviser. Past performance is not an indicator of future returns.”
Any news and/or views expressed within this document are intended as general information only and should not be viewed as a form of personal recommendation. All investment carries risk and it is important you understand this. If you are in any doubt about whether an investment is suitable for you, please contact your financial adviser.