Platform administrator and Managed Account specialist, Linear, today announced the release of a major enhancement to its proprietary Platform interface.
Today’s release is an exciting development for financial advisers as it provides a total financial planning solution from online applications to the rebalancing and modelling of accounts.
This includes the ability to produce SOA’s and ROAs online, manage template documents, rebalance infinite accounts and trade all assets in a straight through processing environment including ASX securities, direct international equities, ETF’s, managed funds and term deposits.
All account instructions are handled online with all paperwork being produced from the system. Never again will advisers on our platform have to manually complete an application or alteration form. What’s more, Licensees compliance documents can form part of any transaction, taking the burden out of compliance.
Other improvements contained in the release include comprehensive FUM and Fee analysis engines that allow advisers to focus on revenue opportunities and growing their businesses through a low cost and transparent environment.
Linear believes many groups will be surprised with how far Linear’s proprietary technology has evolved and just how powerful the Platform has become. Our Platform provides a robust framework for those groups looking to construct their own Platform with their own investment menus and functionality or for those advisory firms using one of the Platforms powered by Linear.
We’re extremely excited about what this release means for the financial planning industry, our pedigree as a platform business has been borne out of our experiences as financial planners so we have a good understanding of what financial advisers need to do business in an efficient and compliant manner.
Sitting at the centre of our platform is a comprehensive investment menu that includes the capability to operate SMA’s, IMA’s and bespoke portfolios with the added ability to apply capital protection and manage CGT outcome all in a low cost, transparent environment.
Advisers can focus on client outcomes knowing they have a best of breed administration and technology solution delivering value to the client and to their practice.
These enhancements come at the same time that Linear announces the successful piloting of the retail markets first international SMA. According to Chris Hipkin (CEO), since December of last year Linear have been administering an international SMA for Swita Investment Management. This form of SMA is a first in the retail market to the best of our knowledge and again demonstrates the capability of the Linear offering.
In the coming months Linear will deploy further enhancements to its Platform interfaces that Mr Hipkin believes will cement Linear as a the pre-eminent provider of platform systems and administration in the market. These releases will include capital protection and asset management strategies that will provide a major shake up to the industry and arm financial advisers with a suite of tools they have never had before.