Financial Planning Advice Software Capabilities

Felcorp staff are trained to operate across the primary financial planning advice software platforms used by Australian practices. This article outlines the specific task capabilities our staff hold across each platform.

These capabilities apply across our Financial Planning Outsourcing, Adviser Admin Outsourcing and Paraplanning services.

Software access and any practice-specific configuration remains the responsibility of the engaging practice. Where a platform is not listed, capability can be assessed on request.

Xplan

Xplan is the most widely used financial planning software in Australia. Our staff operate Xplan for a full range of adviser admin tasks across the production and review cycle.

Task capabilities include:

• Client record creation and data entry
• Fact find data input and strategy modelling support
• Portfolio and holding updates
• Implementation of advice including contributions, rollovers and investment switches
• Fee Disclosure Statement and Ongoing Fee Arrangement administration
• Review pack and report generation
• Advice document assembly and formatting
• Cash flow modelling and scenario preparation
• Workflow and task management within Xplan Tasks (if set up)
• Compliance checklist completion and document lodgement
• File note preparation and audit-ready record keeping

AdviserLogic

AdviserLogic is a practice management and financial planning platform used by Australian advice businesses. Staff capabilities within AdviserLogic cover client administration and compliance workflows.

Task capabilities include:

• Client profile creation and record updates
• Review scheduling and workflow management
• Document preparation and template population
• Strategy modelling data preparation
• Compliance task tracking and completion
• Fee and service schedule administration

Intelliflo

Intelliflo is a CRM and practice management system used across financial advice practices. Staff operate the platform for client and workflow administration.

Task capabilities include:

• Client record management and data entry
• Fact find capture and financial data updates
• Task creation and workflow tracking
• Document generation, advice preparation support and filing
• Review and appointment scheduling
• Implementation tracking for advice recommendations
• Compliance process completion
• Ongoing service and fee administration

Plutosoft

Plutosoft is a full financial planning and advice platform, comparable to Xplan, used by advisers to manage client records, advice production and workflow processes. Staff operate Plutosoft for both adviser administration and paraplanning functions.

Task capabilities include:

• Client record creation and data maintenance
• Fact find data entry and strategy modelling support
• Advice document preparation and formatting
• Contribution and rollover modelling
• Pension commencement and drawdown modelling
• Investment transaction recording and implementation tracking
• Workflow management and task progression
• Annual review preparation and compliance documentation support
• Client reporting and statement preparation

ProductRex

ProductRex is a product research and comparison tool used by financial advisers during advice preparation. Staff use ProductRex to support the research and documentation phase of advice production.

Task capabilities include:

• Product comparison and data extraction for product and platform recomemendations
• Investment product lookups and feature comparisons

For a full list of financial planning software our staff are trained on, see the Software Resources page.