Milestone for financial planning software provider
Financial planning software provider AdviserLogic has seen $91 billion of life insurance under advice on its systems during the past decade.
The company is celebrating 10 years since starting development on its software for Australian financial advice practices.
Head of Product Development Daniel Gara says AdviserLogic has serviced more than 1000 users over the past 10 years and has relationships with almost 238,000 end clients.
“AdviserLogic helps advice practices meet the ever-changing needs of advice clients in an evolving legislative framework.”
Mr Gara says he’s pleased with all that’s been achieved, particularly given the company’s short history and boutique size – it has around 50 employees.
“I believe we’ve proved that we can really punch above our weight,” he said. “We have the technological dexterity to respond quickly to adviser demands.”
There are now 2.2 million of recorded file notes in the software and 260,000 tasks and workflows have been completed by advisers during the past decade.
The system has also handled 748,000 client-related documents during that period.
The company now employs more than 50 people.