Midwinter s AdviceOS Overview AdviceOS is Midwinter s next generation, fully featured financial planning software. AdviceOS incorporates the brilliantly simple advice modelling functionality of Reasonable Basis, with the best features of a Client Management system all delivered via the very latest in cloud computing technology. This enterprise solution is suitable for large licensees as well as small practices. AdviceOS has been under development for two years and we believe it represents a significant leap forward in financial planning technology. What s so different about AdviceOS? AdviceOS gives the adviser access to: Client management system (CMS) file notes, document storage, FOFA ready opt-in and disclosure/fds, management (commission feed linking), Best of breed product modelling, platform projections & comparisons, with SOA generation (includes full insurance capabilities), Online fact find via secure client portal (for both client and adviser), Online engagement calculators that are shared between client and adviser, Accessible via web and mobile devices, Licensee and compliance monitoring of authorised representatives as well as centralised control of settings and user management. Whether you bring-your-own-crm (BYOCRM), or bring-your-own-commission system (BYOCS), Midwinter can offer an array of customisation options for the enterprise advice business. When will this system be available? AdviceOS will be released in stages throughout 2013. Release dates of the system/functionality are available below. If you wish to see AdviceOS, Midwinter is running regular Introductory webinars. To access the webinars and register yourself please click on the following link and select the day/time which suits your diary... https://student.gototraining.com/9y0x1/catalog/7494675125933658112 info@midwinter.com.au www.midwinter.com.au toll free 1300 882 938 Page 1
What about Reasonable Basis and Client Manager? Midwinter is committed to continuing to develop the existing offerings, Reasonable Basis and Client Manager. Reasonable Basis users - Only when the functionality of AdviceOS is equivalent to Reasonable Basis, will you be offered the option to transfer over, and/or maintain your current systems. There will be an ongoing need for desktop applications of Reasonable Basis, particularly for clients in remote areas, and therefore these will continue to be available. AdviceOS stage 1 release (currently available) Base AdviceOS This package is mandatory for all users. Suggested for adviser, administration staff, client service, paraplanning & compliance staff. Allows advisers & staff to run the client admin requirements of their business. On a standalone basis suitable for admin & client services staff. Base AdviceOS user privileges include: Basic client management, File notes (including attachments), Document storage (All generated SOAs are automatically saved), PlanBuilder (SOA generation), Practice and Licensee admin & settings, Web and tablet (Mobile device) access, Product modules Suggested for advisers & paraplanning staff. The product module package includes all product modules contained in Midwinter s award winning Reasonable Basis software. These modules are fully integrated with AdviceOS and FundsBase. The package includes the following modules: Super to Super, Super to Pension, Invest to Invest, Pension to Pension, Total Product Replacement. FOFA manager FOFA manager will assist advisers with meeting their obligations under the new FOFA legislation. This package is only available to advisers, and can be accessed by any staff who can view the adviser s clients. The FOFA manager package includes: Monitor opt-in and generate renewal notices - system will allow clients to opt in electronically, FDS generation with commission feed links to Easy Dealer TM and other commission providers, Client segmentation based on adviser value propositions. Insurance package Suggested for advisers & paraplanning staff. Comprehensive insurance comparator and a needs analysis tool for both retail and group insurance. Insurance premium data feeds (including legacy products), product feature and definitions (Rice Warner research), Feeds directly into a SOA, Retail/group along with inside and outside of super. info@midwinter.com.au www.midwinter.com.au toll free 1300 882 938 Page 2
Online fact-find/client portal Clients access to a secure online portal, access/edit their details and view important documents online. Clients can update financial details in a secure portal integrated with AdviceOS, Any changes made by clients in the portal can be accepted or rejected by adviser, Auto Snapshot of client info made on review date track changes for reviews, Client access via web & mobile devices, Secure documents sharing. Monitor client portal access Client engagement (online client calculators) Engage clients by providing advisers access to a set of secure online client engagement calculators. Designed to enhance an adviser's value proposition post FOFA. Client access to a range of engagement calculators, Adviser customisation and contact details, Access to client documents, Client report generation, Client access via web & mobile devices, Calculator activity is logged within AdviceOS, Custom general settings & assumptions page. AdviceOS stage 2 release Scaled Advice Strategy AdviceOS Scaled Advice Strategy Package is expected to be released in July/August 2013. Providing advisers with the most comprehensive strategy and optimisation modelling tools available, the AdviceOS Strategy Package will allow combine flexibility with ease-of-use. Retirement gap analysis, Transition to retirement, Contribution optimisation, Age pension. Comprehensive Strategy AdviceOS Strategy Package is expected to be released in July 2013. The current generation of financial planning software makes advisers, paraplanners and admin staff, work long and hard to achieve effective investment and gearing strategy outcomes. The AdviceOS Strategy Package will take you from a fact find to an optimised strategy outcome and SOA in minutes. Comprehensive cashflow and capital modelling, Comprehensive SMSF cashflow and capital modelling. info@midwinter.com.au www.midwinter.com.au toll free 1300 882 938 Page 3
AdviceOS stage 3 release Portfolio Review AdviceOS Portfolio Review Package is expected to be released in September 2013. The AdviceOS Portfolio Review Package will give advisers access to Australia's most powerful portfolio management functionality. Fully integrated with the AdviceOS Research and Product Packages, the Portfolio Review Package will give advisers the edge when constructing portfolios for their clients. Midwinter s Advice Review Package is powered by an exhaustive list of datafeed providers such as fund managers and super, investment and pension platforms: Portfolio updates, Portfolio performance analysis, Portfolio reporting, Datafeed integration, Corporate actions, Integrated with AdviceOS Product and Research Package. Research and Review AdviceOS Research Package is expected to be released in September 2013. This package leverages off Morningstar's managed fund database to research, create portfolio, and analyse investments that meet a clients objectives. Fully integrated into the AdviceOS Portfolio Review and Product Packages - the Research Package will assist advisers in meeting their obligation to investigate financial products that might achieve the needs and objectives of their clients Access to managed fund research (over 11,000 funds), Integrated product profiles, General fund information, Investor profile, Fund objectives, Tax structure, Performance, Current asset allocation, Ability to compare multiple investment options Upcoming Roadshow and ongoing support To access more information on AdviceOS please click on the following link: http://www.midwinter.com.au/adviceos/ To register for the upcoming Roadshow please click on the following link: http://www.midwinter.com.au/roadshow-2013/ We look forward to seeing you at one of our Roadshow events. info@midwinter.com.au www.midwinter.com.au toll free 1300 882 938 Page 4
Our contact details Midwinter Financial Services Pty Ltd Level 2, Level 14, 111 Elizabeth St, Sydney NSW 2000. www.midwinter.com.au info@midwinter.com.au Toll free 1300 882 938 Midwinter Financial Services Pty Ltd (Midwinter). ABN 22 121 020 620, has endeavoured to ensure that the information contained in this communication is accurate, but to the maximum extent permitted by the Law, disclaims all liability for errors or omissions. Midwinter provides no warranties and makes no representation that the information generated is appropriate for your particular circumstances. The document does not provide any investment, financial product, legal or taxation advice as to the suitability of any products, strategies and services described in the document. Any financial product and investment advice given in this site, including forecasts and opinions, should be considered general advice only. This document has been prepared without taking into account all of your particular objectives, financial situation and needs. You should consult a licensed financial planner before making any financial decisions based on the calculated outputs or information from this document. info@midwinter.com.au www.midwinter.com.au toll free 1300 882 938 Page 5