Blue Chip Issue 89
Blue Chip Journal – The official publication of FPI. Blue Chip is a quarterly journal for the financial planning industry and is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition. Blue Chip publishes contributions from FPI and other leading industry figures, covering all aspects of the financial planning industry.
Blue Chip Journal – The official publication of FPI. Blue Chip is a quarterly journal for the financial planning industry and is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition. Blue Chip publishes contributions from FPI and other leading industry figures, covering all aspects of the financial planning industry.
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BLUE<br />
CHIP FINANCIAL PLANNING | DFM<br />
For instance, Aladdin Wealth, an innovative portfolio analytics<br />
and risk management technology brought to South Africa by<br />
Cogence, equips advisers with a wide range of sophisticated<br />
tools that leverage data-driven insights to help improve portfolio<br />
management and reporting.<br />
This technology allows advisers to test their ideas for suitability<br />
against a client’s portfolio while also being able to stress-test<br />
against future risk scenarios, such as a repeat of the subprime<br />
mortgage crisis. Technology is also essential for factoring in<br />
modern demographic and behavioural trends that are becoming<br />
central to mapping out individuals’ retirement journeys.<br />
Finally, the combination of technology and expertise can greatly<br />
enhance reporting as a DFM can offer full transparency and a realtime<br />
overview of a client’s investment picture based on a variety<br />
of personalised metrics. Personalisation through digitisation can<br />
guide the conversation between adviser and client to overcome<br />
biases and help investors stay on track to meet their long-term<br />
goals, despite market volatility.<br />
A DFM introduces top-quality strategic allocation,<br />
increases efficiencies in the advisory practice and improves<br />
investor governance while allowing advisers to build better<br />
relationships with their clients, focus on their needs and<br />
find solutions to those needs. Ultimately, as most advisers<br />
are focused on performance when selecting a DFM, the<br />
partnership should work to improve the investment outcome<br />
for clients. <br />
website link: www.cogence.co.za<br />
Disclaimer<br />
Cogence (Pty) Ltd. Registration 2009/011658/07. An authorised financial services provider (FSP No 52242). BlackRock® is a registered trademark of BlackRock, Inc. and its affiliates (“BlackRock”) and is used<br />
under license. BlackRock makes no representations or warranties regarding the advisability of investing in any product or the use of any service offered by Cogence (Pty) Ltd. BlackRock has no obligation<br />
or liability in connection with the operation, marketing, trading or sale of any product or service offered by Cogence (Pty) Ltd.<br />
BlackRock’s Aladdin Wealth platform is designed for financial professional use only and is not intended for end investor use. Aladdin Wealth is a financial technology and risk analytics platform that is<br />
independent of Cogence. Cogence program users undertake sole responsibility and liability for investment or other decisions related to the technology’s calculations and for compliance with applicable<br />
laws and regulations. The technology should not be viewed or construed by any Cogence program users, or their customers or clients, as providing investment advice or investment recommendations<br />
to any parties. This material should not be construed as a representation or guarantee that the use of Aladdin Wealth technology will satisfy your legal or regulatory, tax or accounting, obligations.<br />
BlackRock, as provider of the technology, does not assume any responsibility or liability for your compliance with applicable regulations or laws, or tax or accounting obligations. BlackRock may modify<br />
or discontinue any functionality or service component described herein at any time without prior advance notice to you.<br />
[1] What are advisers thinking | NMG consulting on NinetyOne | https://ninetyone.com/en/south-africa/insights/what-are-advisers-thinking. 2020<br />
[2] South African DFMS, Multi-Managers & Wealth Managers | Insights into Investment Boutiques, RMI 2018 | https://bit.ly/3TYrEwH<br />
46 www.bluechipdigital.co.za