In an Independent Financial Adviser op-ed, Financial Simplicity CEO and founder Stuart Holdsworth discusses technology as a means for advisers, stockbrokers, and wealth managers to reduce unnecessary costs and risks when reviewing asset allocations and portfolio composition.
In this op-ed, Stuart asserts there can be process, data entry and operator risks associated with spreadsheets, highlighting the inevitability of human errors, staff changes and the time-consuming nature of reviewing, rebalancing, evaluating, and responding to market changes.
Stuart says, ‘Having a reliable system in place that uses defined and repeatable processes for reviewing client portfolios, firms can better deliver on whatever their unique philosophy is and demonstrate real value for clients.’
Read more here: Still using spreadsheets for portfolio management? Read this - Independent Financial Adviser
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