NeoWealth Management |
Other Organisations |
| 100% privately owned and non-institutionally aligned at all levels |
Owned and/or affiliated via their dealer group to large financial institutions |
| Highly skilled with industry leading qualifications and accreditations |
Mixed bag of qualifications and accreditations |
| Access to a wide range of products and services available across the industry |
Focus on promoting in-house products and services |
| No sales targets |
Driven by ‘quick wins’ and KPIs |
| Transparent fee-for-service pricing structure |
Multi-layered and confusing fee arrangements |
| Advice solutions are tailored to the specific goals and objectives of each client |
Off-the-shelf ‘templated’ solutions |
| Strategies are explained in a succinct, easy to understand way |
Advice riddled with industry jargon and technical terms |
| All clients are equally important and valued |
Focus is on those clients with significant financial assets |
| Principal focus is on building long-term relationships |
No relationship longevity due to high staff turnover and organisational restructures |
| Robust review service |
Limited infrastructure to deliver a valuable review service and track client’s financial progress |
| Holistic service offering |
Limited advice capability |
| Agile and responsive |
Slow to implement change and produce advice |