Wealth management and employee benefits specialist Mattioli Woods has teamed up with moneyinfo to launch a new online portal and multi-platform application, Total Wealth.
moneyinfo platform software has been specifically adapted to support Mattioli Woods’ bespoke pensions and other services. Clients can access all their Mattioli Woods managed finances alongside their other financial assets such as property, insurances, bank accounts and credit cards.
They can use the new digital service to store and access their important financial information and communicate securely with the company, keeping personal data away from email. The service provides clients with enhanced privacy controls to meet the requirements of General Data Protection Legislation (GDPR), which comes into effect in May.
Asif Naidu, technology and integration director of Mattioli Woods plc, said: “We are looking forward to rolling out the new digital platform to our clients. We have been working closely with the moneyinfo team, who were selected after an extensive review of the market.
“They set themselves some challenging goals to deliver their product, fully customised for Mattioli Woods to include the ability to handle our complex self-administered pensions and other arrangements we manage for clients as part of our overall Total Wealth proposition.
“We have begun a phased roll-out of Total Wealth to ensure we achieve maximum adoption and support and look forward to working with moneyinfo to further extend the platform for our corporate clients as a next step.”
Managing director of moneyinfo, Tessa Lee, said: “We were delighted to be selected by Mattioli Woods to power the new Total Wealth service. Mattioli Woods is a highly respected firm which has a very strong reputation, built up over many years. It has recently made the move to CURO from Time4advice for parts of its back-office administration, which is a platform we are closely integrated with.
“This was a great project with a number of challenges for Mattioli Woods’ technology partners but, working closely together, the teams from Mattioli Woods, moneyinfo and Time4advice have delivered an amazing digital service, which we look forward to rolling out to Mattioli Woods’ private clients.
“It is key to remember that for technology to succeed, it is not just a case of developing an app and expecting clients to immediately change the way they deal with their adviser. It takes time and requires regular communication to encourage adoption. We work with firms to achieve very high adoption rates, ensuring our technology is used regularly by clients. A digital platform can deliver significant cost savings to adviser firms and enhance their overall proposition to clients, but will only deliver benefits if clients actually use the platform”.
Multi award-winning account aggregation software, moneyinfo is the client portal that allows your clients’ secure access to their entire financial life in one place. moneyinfo can also help you to reduce administrative overheads for your business. Available on desktop and mobile with fully branded apps for apple and android.
We work with businesses in wealth management and workplace. We believe in the need for financial advice and are proud to work with some of the UK's most exceptional advisory businesses.