Frequently asked questions

• When will Wealth Optimiser be available to buy and how do I get it?

  Wealth Optimiser is available now. To keep up to date with the latest developments, please register your interest by filling in the box opposite.

• How much does Wealth Optimiser cost?

  Wealth Optimiser costs £50 + VAT per month per licence for the first four licenses. Subsequent licences will cost £35 + VAT per month per licence. However, if you require more than 50 licences, we may be able to offer you a further discount, please discuss this with us when you get in touch.

• I’m not an Avelo customer, do I need to buy Adviser Office too?

  Wealth Optimiser is fully integrated with Adviser Office so you will need to become an Adviser Office user before you can start using Wealth Optimiser. To enquire about Adviser Office and Wealth Optimiser for your business, fill in the box opposite and one of our team will be in touch with you shortly.

• What does Wealth Optimiser do?

  Wealth Optimiser allows you to restructure and rebalance client portfolios, conduct lifetime cash flow forecasting and ‘what if’ scenario planning. It also provides reports for your clients.

• Can I see a demonstration of Wealth Optimiser?

  Of course. Just fill in the form opposite and we’ll be in touch shortly to arrange a demonstration.

• What are the minimum requirements for installing Wealth Optimiser?

  You must have version 7.3.2 of Adviser Office or above. Full details of the hardware and software required for installation are available here (189kb pdf).

• Why wouldn’t I do this in Financial Scenario Analysis?

  Wealth Optimiser provides ground breaking new functionality to enhance the financial planning process. Examples of this are the dynamic and clear graphical interface, the ability to specify granular models right down to the funds within them, event based forecasting and projections and a full suite of reports to add value to your client proposition.

• What data is transferred via the integration with Adviser Office?

  When a client is transferred from Adviser Office to Wealth Optimiser the entire client’s portfolio along with Assets and Liabilities, Income and Expenditure are brought across. You can refresh the data at any time to bring across any recent changes to client data. In addition all the background data relating to schemes, plans and unit prices is also transferred and updated.

• Can I compare multiple scenarios in Wealth Optimiser?

  Absolutely, Wealth Optimiser allows you to compare up to five scenarios simultaneously and also to view different aspects of the same scenario, for example Income and Outgoings compared to Net Worth.

• What reports does Wealth Optimiser produce?

  Three main reports are available. The client valuation report presents a clear and up to date valuation of a client’s portfolio. As part of the restructuring process an execution report is generated that details all of the trades that are necessary to align the portfolio with the chosen model. Finally the financial plan report details the full planning process and uses the full breadth of data held within Wealth Optimiser to produce a report that will really benefit your client.

• Can I create specific objectives that my client wants to achieve?

  The objectives functionality is a key part of the capability that Wealth Optimiser delivers. You can model specific capital requirements and/or asset acquisition as part of the overall financial plan, or in defined groups or independently as targeted objectives. In each case the user can make assumptions about how the capital requirements will be funded. The extent of the parameters available means that you can link objectives to specific life events or set them up using other criteria such as specific dates or at a specific age or within a specific timeframe. These objectives then feed automatically into the cash flow forecasting tool.

• Do all users have the ability to amend models and assumptions?

  They can, but.through the use of the user maintenance facility you can restrict which users have the rights to amend as well as view information within Wealth Optimiser. Users can be created as groups to simplify the process of keeping control over large numbers of users.

• Can I save the scenarios I have created for my client?

  Absolutely. You can create multiple scenarios for any client and save them for future reference or as part of your analysis. Summary detail is provided in the scenario selection screen so that you can easily identify the scenario you want to open.