The challenge
Like a lot of advisory firms, McLaren Capital found the rebalancing process particularly arduous. Utilising Microsoft Excel to import portfolios via spreadsheets which took an average of an hour per client portfolio review.
The solution
McLaren Wealth embedded Fastrak into their business and is a key product within their software armoury.
“Having pin-sharp data is critical for us to produce accurate portfolio performance and Fastrak delivers this faultlessly for valuations and day to day client servicing. The portfolio rebalancing module is a game changer as it saves endless hours servicing portfolios. We could not live without Fastrak and the team at Sprint.”
Rory St Johnston, managing director, McLaren Capital
The impact
Since using Fastrak in their business, McLaren Capital has seen a big improvement in time it takes to review a client portfolio. With the valuations data being fed into Fastrak automatically and a streamlined process in play, they’ve seen the time taken to produce a client reports from 60 minutes to approximately 20 minutes from beginning to end.
Feedback from their clients has been positive and even having an impact on their brand.Contact us today
With FINIO and Fastrak, plus a support team on hand if you ever need it, getting customised reporting and quality investment data has never been easier.
The industry data hub that connects and optimises the flow of investment data between investment platforms and the many software providers used by financial advisory firms in the process of giving advice.
A client reporting application connected to FINIO, that allows financial advisers to produce customised premium quality and great looking reports for their clients in a time efficient manner, and tools to help advisers deliver advice remotely.
