Technology
Digital Digest: The Latest Tech News – Elements
The latest technology news in the wealth management sector from around the world.
Elements
Elements, a US tech
platform that helps financial advisors serve clients, has
unveiled Target Scores, which allows advisors to establish
customizable and distinct goals for each Elements score on behalf
of their clients.
The Elements system empowers advisors and clients to assess and address 12 core financial variables. The firm likens its offering to that of a doctor checking key information about a person's health before engaging in a deeper conversation.
For each financial “element,” there are default targets based on generalized best practices.
“By incorporating user feedback, we’re able to give advisors the tools they need to transform their business. Elements streamlines an advisor’s financial planning operations and communications, further strengthening their existing client relationships and bridging the gap to building new ones,” Reese Harper, CFP, chief executive officer at Elements, said.
Target Scores will be available to all advisors using the Elements platform at no additional cost.