Financial Advice Online

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#006699" TEXT="#080000" bgproperties="fixed" background="064285a1erlcgo.png"> <div> <FONT SIZE="5" COLOR="#FFCC66" FACE="Arial" ><B>Know Your Techs</B></FONT><B>     |     </B><A HREF="index.htm" TARGET="_top" TITLE="Know Your Techs"><U><B>home</B></U></A></div> <div> <A HREF="id16.htm" TARGET="_top" TITLE="TechTopics"><U>TechTopics</U></A>   |   <A HREF="id3.htm" TARGET="_top" TITLE="TechKnow"><U>TechKnow</U></A>   |   <A HREF="id12.htm" TARGET="_top" TITLE="About Us"><U>About Us</U></A></div> <bR> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFCC66" TEXT="#080000" background="063d2c00dkelyh.png"> <bR> <div> <B>TechTopics</B></div> <div> <B>Financial Advice Online</B></div> <div> <A HREF="id5.htm" TARGET="_top" TITLE="Nanotechnology"><U>Nanotechnology</U></A></div> <div> <A HREF="id30.htm" TARGET="_top" TITLE="Future Energy"><U>Future Energy</U></A></div> <div> <A HREF="id31.htm" TARGET="_top" TITLE="Free Mobile Mapping"><U>Free Mobile Mapping</U></A></div> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>Financial Advice Online</I></div> <div> This topic came to fruition after reading an Article in Financial IT.  The article was E-enabling efficiency and was on page 8 of February 2003 Volume 13 Issue 2   <A HREF="http://www.incisivenewsletters.co.uk" TARGET="_top" TITLE="http://www.incisivenewsletters.co.uk"><U>Incisive Newsletters</U></A> . Incisive offer a free weekly email newsletter but you'll have to pay to receive the twice monthly journal.</div> <div> A financial advisor is an expensive resource who is also fallable.  Thus there is a constant drive to find a technological solution which will drive down costs and ensure compliance with the ever increasing burden of financial regulation. </div> <div> It is difficult for a computer to read your mind, assess your mood and watch for all those non verbal clues, so the human interface still does have a place even if a little machine assistance wouldn't go amiss.</div> <div> <B>Point of Sale Software for the Adviser</B></div> <div> There are several products on the market running on laptops that assist a qualified investment advisor in helping his client to select his/her portfolio of investments. And of course some clients write their own software or heavily modify an off the shelf product.  These products follow a process which eventually leads to products from the sellers portfolio of products whether it be their own products or a portfolio based on a panel of providers.  The needs analysis, risk assessment, investment strategy leads to product sales in a compliant manner.</div> <div> Such providers are Crisp now part of  <A HREF="http://www.marlborough-sterling.co.uk" TARGET="_top" TITLE="http://www.marlborough-sterling.co.uk"><U>Marlborough Stirling UK</U></A>  provided by their <A HREF="http://www.marlborough-stirling.com/channels/uk/business+solutions/is/default.htm" TARGET="_top" TITLE="http://www.marlborough-stirling.com/chan"><U>Intermediaries Division</U></A></div> <div> <B>Software for the Individual Investor</B></div> <div> There is also a product available for individuals to run on their own PCs, to assess their financial health, examine their needs and recommend strategy approaches. It is then up to the individual to find products from a range of providers who can supply a product which matches the strategy profile.  The product is the Interactive Financial Planner from <A HREF="http://www.optio.co.uk" TARGET="_top" TITLE="http://www.optio.co.uk"><U>Optio</U></A>.</div> <div> <B>Online Advice</B></div> <div> Now there is a UK online process. mPower who have been providing a web based service in the United States have now obtained FSA approval to offer their service in Europe  <A HREF="http://www.mpowereurope.com" TARGET="_top" TITLE="http://www.mpowereurope.com"><U>mPower Europe</U></A>.  </div> <div> <IMG BORDER="0" SRC="Symb075c00b700c800000000.png" HEIGHT="13" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">For a note on the advice process <A HREF="id23.htm" TARGET="_top" TITLE="The Advice Process"><U>The Advice Process</U></A></div> <div> <IMG BORDER="0" SRC="Symb075c00b700c800000000.png" HEIGHT="13" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">For a more detailed review of mPower's new service follow <A HREF="id8.htm" TARGET="_top" TITLE="mPower Europe eenable advice"><U>mPower Europe e-enable advice</U></A></div> <div> <IMG BORDER="0" SRC="Symb075c00b700c800000000.png" HEIGHT="13" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">For a list of the companies involved in this topic <A HREF="id25.htm" TARGET="_top" TITLE="Financial Advice Online"><U>Financial Advice Online Com</U></A>p<A HREF="id25.htm" TARGET="_top" TITLE="Financial Advice Online"><U>anies</U></A></div> <bR> <bR> </td> </tr></table></body>