Jemstep is transforming the way banks deliver wealth management, with a superior digital investing experience for advisors and clients. Our platform, “Advisor Pro”, integrates goal-based wealth management within a bank’s current service model and systems. It helps firms grow the business, lower costs to serve, increase operational efficiencies, reduce complexity, and improve the client experience. Advisor Pro helps advisors efficiently service small but growing accounts, while freeing up time for larger and more complex clients. And it gives clients easy and convenient access to their investments, with help when and where they need it. Our parent company, Invesco, provides support and deep resources to help us meet a bank’s complex needs — now and in the future.
Simon Roy
President & CEO of Jemstep
Award Category
Technology Providers>Digital Advisors (Robo)
Initiative
Goal-based approach to digital wealth management
Jemstep’s Advisor Pro goal-based investment approach makes it easy for investors and advisors to engage on advice, from an initial goal assessment and investment recommendation through account opening and funding. Presented with an intuitive goal-based questionnaire, investors are mapped to recommended portfolios and presented with an outlook on their likelihood for achieving their goal. In real-time, investors can modify choices and view the impact on achieving their goal. With robust custodial integration, paperless onboarding, and a self-service client portal, in-person meetings and administrative tasks are reduced providing advisors more time to serve and grow their client base. Investors can have multiple goals, each with different risk profiles, portfolios, and thus different expected returns and volatility for risk-based calculations. Embedded suitability rules support regulatory requirements.
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