Helping you build the blueprint for your business.
Product Governance (PROD) guidelines introduced by MiFID II mean that a full review and segmentation of your client bank is now a regulatory requirement; but is still rarely done and documented as it should be. Leading on from this, is an understanding of the best investment proposition for your client segments (Centralised Investment Proposition) and then, a review of the platforms or providers that can best facilitate your client needs (Platform Due Diligence).
Building the foundations of your firm and offering together, in a cohesive and structured way, will mean:
Simplification by segmentation.
Know your clients, understand their needs and build appropriate client segmentation rules. This will simplify, and thus de-risk your business, as well as enabling you to ensure you are working in a profitable manner.
Provide consistency across your business, for both existing advisers and future ones. Centralise your advice proposals saving you time in the future, eliminating the need for research and analysis on a case by case basis.
Build a robust centralised file which covers all aspects of PROD, CIP & PDD, ensuring you are set for the future. Speaking of future, we’ve also got the future proofing underway in the form of annual reviews.
What do we cover?
Our proposition team can help you with one or more of the following. Discounts are available for multiple services too – get in touch to find out more.
PROD Client Analysis
Centralised Investment Proposition
Platform Due Diligence
Centralised Retirement Proposition
Alternative Investment Panels
(EIS, VCT, BR)