A trade body for English-speaking financial advisers in mainland Europe has partnered with IT platform Moneyrebel to bolster the tech operations of advisory firms.
Members of the Federation of European Independent Financial Advisers (Feifa) will gain access to the platform, as the association looks to help advisers look at “technology as an advantage, not a threat”.
Moneyrebel’s chief operating officer, Jaka Kladnik, will oversee the relationship with Feifa members.
“Changing business models can be a painful but necessary process,” said Feifa chief executive, Paul Stanfield. “We know that to do this often needs new tools that enable advisory firms to reposition themselves in the eyes of a client.
“Moneyrebel aims to assist advisory companies with this shift, not least as it is customer-centric, and also because the issues faced by advisory companies fuel its innovation and software development.”
Benefits of the platform
Moneyrebel’s platform will enable advisory companies to reach out to tech-savvy clients with the iOS and Android apps available for end users.
Clients will be able to create and manage their portfolio using Payment Services Directive (PSD) 2 modules and connect their crypto accounts.
“We see things from a different perspective, from a different angle without any burden from past rules or mental processes,” Kladnik said. “We have a clear vision: to help independent financial advisers achieve more with the same number of people.
“New technology in the future could flood IFAs with clients because they will increasingly need someone who can help them navigate through their financial needs – and I think that companies like ours are going to play a major role in helping advisory firms achieve this.”
