NorthStar Systems International (NorthStar), the leading provider of wealth management software to financial services institutions, today introduced NorthStar 5.0, the latest version of its award-winning advisor desktop. By streamlining wealth workflows, enabling advisors to better manage clients and products, and leveraging CRM data, NorthStar 5.0 fundamentally improves the way advisors Acquire, Plan, Manage and Report on client and prospect wealth. As a result, both advisors and firms can exceed client expectations and increase assets under management.
Available on-premise or on-demand and as a suite or in modules, the scalable software solution offers banks, trusts, broker-dealers, family offices and other financial services providers a number of industry firsts that significantly advance the efficiency and effectiveness of their wealth management businesses:
â¢ First Straight Through Processing for Wealth Managersâ¢
â¢ First enterprise-class, active Client Hierarchy
â¢ First firm-wide Product Catalog, spanning all product types
â¢ First entitlement-driven integration with firmâs Customer Relationship Management (CRM) system
âNorthStar 5.0 represents the industryâs most robust, most progressive, best practices-driven 360-degree client wealth management platform, providing advisors with seamless, automated access to the tools and information they need to provide high quality, compliant investment services,â said Collin Cohen, president, NorthStar. âNorthStar 5.0 is a major advancementâthe combination of our pioneering Client Hierarchy, an extensive yet easy to use Product Catalog, and flexible entitlements approach allows advisors to multiply the amount of quality time they can spend with clients and prospects.â