Worldsource Financial Management Partners with PlanPlus Inc.
MARKHAM, Ontario
July 5, 2006
Worldsource Financial Management Inc. (WFM), a subsidiary of Worldsource Wealth Management, partners with PlanPlus Inc. to incorporate PlanPlus Web Advisor software into WFM's WorldPort portal to develop an integrated financial planning solution that will give WFM advisors the competitive advantage they require to stay on the cutting-edge of the wealth management industry.
"WFM is excited about integrating PlanPlus' financial planning and investment advisory software into WorldPort," said Andy Mitchell, president and chief operating officer of WFM. "WFM provides industry-leading, web-based suite of tools and services that simplify advisor's access to resources and information. We have more than 600 independent advisors that depend on our exceptional back-end system to help them stay on top of their customer information, marketing tools, industry news and more."
"PlanPlus had already done substantial integration with Ticoon Technology Inc.'s portal framework, which forms the hub of our advisor portal, WorldPort," continued Andy Mitchell. "When you combine that with the advances PlanPlus has made in allowing a scalable delivery of their solution, we are able to provide our advisors with a single integrated platform that they can subscribe to, based on how far they have advanced in adopting financial planning in their practices."
WorldPort's suite of tools and services, which won the 2003 Canadian Investment Awards, simplifies advisor's access to resources and information. Comprised of two portals – Advisor Net and Investor Net – WorldPort provides a platform that is collaboratively accessed by advisors, investors and corporate administrators. Built exclusively for WFM, WorldPort centralizes a core set of practice and order management tools.
"WFM supports a large MFDA network," said Shawn Brayman, president of PlanPlus Inc. "We have been working with them for several months now to ensure that all traditional regulatory channel requirements are met and that the holistic client-centric view of a financial planner exists so the practice standards for the delivery of financial planning advice can be realized. PlanPlus enhances the services offered by WorldPort and, by successfully incorporating information from WFM's back-office system, WFM advisors are getting a financial planning tool that offers a complete holistic view of their client's financial portfolio."
Worldsource Wealth Management Inc. is a fully integrated wealth management company that is focused on supporting entrepreneurial investment professionals. As a national firm, with its head office in Markham, Ontario, it offers wealth management services under three subsidiaries:
- Worldsource Financial Management Inc.
- Worldsource Securities Inc.
- Worldsource Insurance Network Inc.
Worldsource Financial Management Inc., a subsidiary of Worldsource Wealth Management Inc., is a mutual fund dealer that is focused on providing a wide-range of innovative services to support independent financial advisors. With its network of more than 600 independent mutual fund advisors, Worldsource Financial Management also brings innovative investment services to Canadians. Click on the link below to learn more about WFM.
Website: http://www.partnerwithwfm.com
Worldsource Wealth Management
Paree Katharos
Senior Communications Specialist
Email: pkatharos@worldsourcewealth.com
Phone: (905) 940-4644 x362
