Outsourced financial planning services is the way of the future. When working with an outsourced financial planner, you will receive a personalized service, one that is tailored to meet your unique needs. If you’re looking to take care of your finances on your own, or if you’re feeling stressed about the sheer number of options available to you in terms of financial services, then outsourced financial planning services can be a godsend. It’s important to get the right information about your financial lives, especially if you have a lot of responsibility on your shoulders.
Some of the options provided through an outsourced financial planning services include pension funding, IRA conversions, purchasing real estate back from their mortgage, and even options for investing in gold. Depending on the type of investment that you choose, you will be able to access cash that you never had before.
Better Regulatory Alignment
The knowledge and experience of a licensed professional financial planner provides clients with exemplary ways to improve their financial circumstances. This results in more money left over each month to spend on life events and things that really matter. Benefits aside, outsourced financial planning services also save clients time and money by simplifying the entire planning process from start to finish.
Many people use advisors such as Monily’s financial planning services because they do not want to deal with paperwork or deal with complicated tax issues. Instead, they can pay someone else to handle these items for them. If you want to have a comprehensive financial plan, then you will want to consider using an investment advisor.
Better Organizational Control
When you use an outsourced financial planning services company, you will get comprehensive help for all of the tasks involved with managing your financial plans. Instead of having to deal with difficult tax laws, you will only have to deal with one person - your advisor. This makes things much simpler, as an advisor can put together a comprehensive financial plan for you, which will allow you to easily follow it over the long term. Some of the other benefits that you will be able to receive include comprehensive investment advice, pension funding from your 401k, and even options for investing in gold and real estate back from your mortgage.
Allows You to Take Charge of Your Financial Future
These financial experts specialize in particular areas such as wealth building, pension and insurance, asset protection, estate planning and retirement etc. The dedicated financial planning professionals help you in choosing your life insurance policy, your investment option and help you in maintaining an ideal budget for yourself. These advisors help you in taking the right decision at the right time thus giving you maximum protection and peace of mind. Thus, by hiring any of these companies, you can easily meet all your requirements related to planning your finance and investing. You will also be able to talk openly about your goals, worries, and problems, allowing your advisor to truly help you achieve those goals.
OneConnect Financial Technology Co. Ltd. (“OneConnect”, NYSE: OCFT), a leading TaaS company for financial institutions in China, has been appointed by Abu Dhabi Global Market (“ADGM”), the award winning International Financial Centre in Abu Dhabi, to support the development of the ADGM Digital Lab.
The ADGM Digital Lab is a digital platform where financial institutions (“FIs”) and FinTech firms can collaborate, test and develop innovative solutions for the financial services sector, with direct participation from ADGM’s Financial Services Regulatory Authority (“FSRA”).In recent years, digital innovation has become a focal point in Abu Dhabi’s plans and initiatives in building a knowledge-based economy to support economic growth and diversification.
Since its establishment in October 2015, ADGM has led significant efforts in accelerating the digital transformation of the financial services sector in the Middle East.
The Digital Lab is one such initiative to address the key challenges FIs and FinTechs encounter in their ability to deploy and scale innovation.
In particular:– FIs lack access to platforms to test and experiment with prospective FinTech solutions prior to procurement approvals and commercial agreement;– FIs encounter major difficulties and costs to integrate their legacy banking systems with FinTech solutions; and– FinTechs are overburdened with procurement processes and costs incurred each time they interact with the banks.Leveraging the ADGM Digital Lab, FIs such as banks can enable rapid prototyping by:– Replicating their operating systems within the testing environment of the Lab;– Choosing from an ecosystem of FinTech solutions to test new product offerings or replace legacy infrastructure; and– Developing new business models and picking and choosing components from different FinTech providers.Through collaboration between industry and regulators, the Digital Lab aims to create a trusted marketplace for experimentation to build the enablers for the smart financial centre of the future.OneConnect’s collaboration with ADGM on the Digital Lab is its first landing project in the Middle East.
As early as July 22, 2019, OneConnect signed a memorandum of understanding (MoU) with ADGM to jointly promote and develop FinTech innovation, ecosystems and market opportunities that will support and connect the economies in both the Belt-and Road corridor and the Middle East and North Africa region.
