Iress debuts adviser peer support platform

Iress has announced the launch of a free community engagement and discussion platform promising “tailored insights and expert guidance” for the broader advice community.

Dubbed ‘Advisely’, Iress’s new online community forum boasts best-practice insights, tips and hints from experts, connection to a peer network with fellow advice professionals, as well as technology hacks and hints, including support for Iress’s popular financial planning platform, Xplan.

Among its key features include an ‘Advisely Index’, a benchmarking tool for advisers, paraplanners and support staff to compare their performance against peers across key advice delivery metrics.

The platform promises “to increase efficiency, profitability and scale” of financial advisers’, paraplanners’ and practice managers’ operations and practices.

Iress executive general manager for wealth Kelli Willmer acknowledged the difficulties for advisers in knowing where to seek help, noting that “advice can often be a very lonely pursuit”.

“This is why we’ve created Advisely: to bring the financial advice community closer together, surround it with the right expertise and support, and collectively elevate the advice profession to prosper and grow in order to meet the needs of more Australians.”

Willmer said the new platform forms a key part of Iress’s “refreshed strategy” to support Australian financial advice clients and the broader wealth industry.

“We want to be a driving force for part of the transformation needed to help more Australians to receive high-quality advice.”

Advisely is provided free to those currently working in the financial advice profession.