Invesco Canada announced Nov. 22 the launch of advisorDUO. This new solution aims to allow advisors to connect directly with clients via a digital interface.
"The wealth management industry is undergoing massive change due to new technologies and proposed regulations, and one of our global priorities as an organization is to help advisors navigate this rapidly changing environment," stated Peter Intraligi, President of Invesco Canada in an announcement."
The digital solution is available to dealers that have signed an agreement with Invesco. AdvisorDUO is designed for advisors to use with their clients for onboarding and recommending portfolios. “Uniquely configured for each dealership, the platform is integrated within an advisor's existing system to compile all necessary information to open investment accounts, including a comprehensive goals-based questionnaire, personalized analysis and segmented offerings,” says Invesco.
The solution eliminates paperwork from the onboarding process while allowing advisory firms to retain control of assets, reduce administrative costs and support multiple business models, adds the company.
"Built and designed using Invesco's in-house digital expertise, advisorDUO maintains the advisor-investor link, with the intent of increasing the competitiveness of financial advisory firms and allowing advisors to serve clients in the way they wish to be serviced," says Andrew Manning, Head of Marketing, Invesco Canada.