Easy Life for Financial Advisors / Features

Easy Life for Financial Advisors Features

Manage Investments

Easy Life for Financial Advisors (ELFA) is the most comprehensive investment managementapplication in India to help investors serve their customers – the investors – better, without investing heavily in back office resources.

ELFA is a web application and is being made available to our customers on an annual subscription basis.  This makes it easy for our customers to get started immediately without any capital investment in expensive hardware and networking equipment.

Who can use ELFA?  There are two kinds of customers who can use ELFA:

1. Investors: Investors can subscribe to ELFA to manage their own and their family’s complete personal finance.
2. Financial Advisors: Investment managers, insurance agents, mutual fund agents, sub-brokers, i.e. any firm or organization that provides investment related services to their customers can subscribe to ELFA and manage the investment information for each of their customers. 

Benefits:

• Annual Subscription:
  No large capital outlay on IT equipment, get started immediately, no maintenance costs, no need for any expensive IT skilled people
  
  
• Superior Service through Anytime, Anywhere access:
  ELFA is a web application, so you can access information anytime from anywhere with just an internet connection.  This gives tremendous flexibility in servicing customers or accessing your own data.
  
  
• Increase business:
  Financial advisors can increase business by offering a superior service to their clients.  They may also provide their clients with direct access to ELFA, thereby encouraging the investor to put all investments through you, instead of spreading his investments through different channels.  This will result in increased business over a period.
  
  
• Lower costs:
  Reports can be produced at a click for a large number of investors and e-mailed to them.  Clients may also be given direct access, which will minimize the need to send reports.  This would reduce the need for back office staff to meet clients’ information needs, resulting in lower overall costs.

Features:

Personal Finance: Comprehensive, Smart and Easy

• You can manage complete financials of each individual and generate reports for individual, family or a group.  This covers stocks, futures and options, debentures, bonds, mutual funds including Systematic Investment Plans (SIP), fixed deposits,investment schemes of Indian Post Office, Monthly Income Plans, Pension Plans, Loans (borrowings and lending), Life and non-life insurance.
  
  
• Quickly generate portfolio reports and reminder letters for customers and increase your business by providing great services.
  
  

Asset Management: Manage Real Estate and Other Precious Assets

• Enter complete information on your physical assets – land & buildings, vehicles, computers, machinery, furniture, consumer durables, jewellery and precious metals. Manage income from assets, such as rent.  Generate Net Worth Report to include allassets and liabilities covering both financial and physical assets to have an accurate view of what you or your family is worth financially.  Store information on maintenance contracts of your assets and get timely reminders on contract renewal.
  
  

Manage personal accounts

• Manage all your personal and professional accounts including bank, cash / currency holdings, credit / debit and other cards, dmat accounts for stocks and other securities in electronic form and lockers.
  
  

Address Book

• Maintain your Address Book in complete detail and store all important events and dates.
  
  

Income Tax

• If you are a salaried Indian citizen, Easy Life helps you do your annual income tax computation and easily organize information by tax sections applicable to you and report the information to your tax consultant.
  
  

Reminders

• Based on your financial inputs and address book contents, Easy Life gives you reminders so that you take timely action on all important matters.  This “action orientation” leads you to higher levels of productivity and relation management.
  
  

Extensive Reports

• Generate reports on true Net Worth, Income and Expenses, Return on Investments,Portfolio distribution, Capital Gains, Funds Flow, Insurance Summary, Account statements, Nominee-wise Asset Allocation and a host of other reports.
  
  
  

Great Utilities

• You can download stock quotes from NSE or BSE and mutual fund NAV directly in to Easy Life, keeping your India stock and mutual fund portfolio up to date.
• Export selective data in to Microsoft Excel.  Import existing data using templates given in Easy Life to save data entry time.
• Import bank statements in Easy Life, saving entry time and errors
  
  

Licensing:

Easy Life is licensed for use based on number of investors and the subscription is on annual basis.  All investments and assets information of licensed number of investors can be stored.

 

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