CLEAR business solutions for IFAs
If you were to ask for a wish list from IFA businesses, it is fair to say that most of the following would be near the top…
- The chance to reduce risk and cost of PI
- The chance to reduce compliance and administrative burden
- The ability to attract and retain good quality, profitable clients
- The opportunity to exit from the business at a good value on retirement
At Tenet Support Services, we have embraced the concept of wrap and created a new business model called CLEAR, which can assist you in evolving your business and provide you with a new way of operating, which in turn will convert these important issues from the wish list and into reality.
What’s more - we do not take any charge on renewal business placed through CLEAR!
Significantly reduce your risk and administration burden
At the heart of CLEAR are a number of key tools that serve to reduce your exposure to risk and reduce administrative burdens…
- Risk Profiling Tool - this enables you to ensure that all your clients have their attitude to risk assessed in exactly the same way
- Asset Allocation Tool - this provides a concrete solution to allocating your clients funds into areas that match their risk profiling
- Fund Selection Tool - this is run by Old Broad Street Research (OBSR) who are one of the most respected industry analysts. They have put together a comprehensive series of model fund portfolios for income and growth strategies. These are whole of market.
These tools enable you to assess, allocate, place and document all your clients in a uniformed manor which all forms part of Treating Customers Fairly (TCF).
Many businesses are looking to take the risk out of providing investment advice. Firms need to be sure that they assess and find solutions for their investment clients in the same way. By doing this, you reduce the risk of not treating customers fairly which is the focus of many FSA fines at present.
How do you ascertain your clients’ attitude to risk at the moment?
Value now and in the future…
By adopting our CLEAR business model, you can build real value in your business - one that you can realise at retirement!
For firms adopting the CLEAR concept, we are prepared to purchase the assets to give you a secure exit route – subject to a formal review process at the time. This purchase price will be based on the income being generated through one of our approved wrap platforms and recurring fees and could be up to 5x income!
CLEAR Advantage
Clear
Advantage is designed to do exactly what it says - give you that extra advantage. We have
introduced a series of deliverables under the Advantage brand so that advisers have a dedicated
channel through to like minded investment advisers and to the expertise of key fund managers and
research specialists.
Read our latest Clear Advantage Newsletter here›