The Waterford Group designs retail investment platforms for financial institutions from feasibility to implementation, providing investment and trust services to your customers that increase non-interest revenues and deepen client relationships.
Wealth Management Platforms include:
- retail brokerage, (stocks, bonds,mutual funds, etfs, etc.)
- life insurance (life, long term care, annuities, etc.)
- property & casualty insurance (crop insurance, key person, commercial, etc.)
- qualified plans, esops, and retirement plans
- trust services, discretionary accounts, custodial accounts, land management, estate planning
Our process involves three stages: Feasibility, Vendor Review and Implementation:
Offering an investment platform to your customers can be a difficult decision, and one that requires significant analysis.
If you have considered a wealth or brokerage platform, let us produce a comprehensive feasibility study that provides the answer to the question:
Will a wealth platform produce the desired results?
Your comprehensive study addresses the benefits and challenges of a wealth platform, and addresses key issues:
There are four (4) lines of business that should be considered for the wealth management platform:
We review options with you to determine which product lines should be rolled out and when.
In many cases it makes sense to offer brokerage and qualified plans first, followed by p&c insurance and trust services.
We provide experienced and trusted vendors or partners that will provide the best resources for your business plan. These include broker/ dealers, trust companies, qualified plan providers and insurance companies.
We only use trusted and established providers with proven track records.
Finally, after selecting the vendors and determining the best timing to roll out your wealth and investment platform, we provide "hands-on" guidance for as long as necessary to assure your success.
Additional services include:
We will report to your top management and/ or board of directors, leaving you to manage the operations of the bank and the lending program.
We will continually review your platform as it grows, to insure profitability, compliance, and accountability.
We remain a valuable resource
as your business grows.