Does a wealth management firm need a client portal?

A client portal can be a useful tool for a wealth management firm to provide to its clients.

It can help improve communication, collaboration, and customer service between the clients and the firm. A client portal can provide clients with a convenient and secure platform to access and manage their wealth management accounts, and it can also help the firm streamline processes and improve efficiency by automating certain tasks and providing a centralised location for managing client information and interactions.

A client portal can help improve communication, collaboration, and customer service between the clients and the firm.

However, whether or not a wealth management firm needs a client portal will depend on a number of factors, including the size and complexity of the firm, the needs and preferences of its clients, and the resources available to the firm.

For some wealth management firms, a client portal is an essential part of their business model, while others may be able to meet their clients' needs through other means, such as in-person meetings or phone calls. Ultimately, the decision to implement a client portal will depend on the firms and their clients' specific needs.

How can Invessed help?

Invessed is a team of digital specialists with deep knowledge of the investment sector. We foresaw the CX revolution and designed the Invessed Client Portal to help investment brands meet the challenges of the digital-first world.