Product Shelf Set-Up

  • Review and perform due diligence on your product shelf
  • Support acquisitions and review overlaps
  • Identify issues or concerns and bring recommendations to product and risk committees
  • Compare your current products to industry products, making replacement recommendation where appropriate
  • Identify gaps in your offering and recommend new products to fill gaps
  • Ensure your product shelf is compliant, best in class, and ready for today’s market environment
  • This is done by each product line

Proactive Due Diligence

  • Review your current product shelf to ensure appropriateness by monitoring track record, tenure, complexity, and assigning risk parameters to the product
  • Provide quarterly due diligence update reports that, when married with sales reports, provide a true picture to grow your business and mitigate risks
  • Perform annual deep dive due diligence reviews
  • Provide Always on due diligence monitoring of product changes, industry changes, client changes, and provider changes
  • Support your product committee with periodic reviews, documentation, & expertise, helping you get to the right answers in an efficient manner

Product Shelf Management

  • Ensure Best Interest Advice can be provided through the best product shelf
  • Actively manage onboarding and removing products to align with today’s environment, your Advisor expertise, and client needs…with the expectation of increasing revenue
  • Add products that are expected to fill a gap, grow revenue, and provide better advice, minimizing overlap and product cannabilization
  • Prepare material for product committee and provide real time answers to questions, shortening decision time
  • Provide insights on the industry regarding new products, sales trends, risk points