News: intelliflo launches trust modelling to improve cashflow management, customer oversight

intelliflo, the global cloud-based technology solution for financial advisers, has released trust modelling capabilities within its intelliflo office software as its latest localised enhancement for Australian customers.

The comprehensive update allows advisers to make detailed cashflow projections and add customised inputs and outputs for clients with family or discretionary trusts or those who are considering establishing one. intelliflo office users will have the ability to add beneficiaries, investments, businesses, expenses, loans, gifts, distributions, and more to trust cashflow modelling.

The trust modelling capabilities are part of a series of enhancements to the intelliflo office suite, aimed at facilitating detailed projections and real-time scenario modelling for multi-entity advice and clients with trusts and SMSFs. Corporate entity support will be released shortly.

Jovana Djordjevic, Director of Customer Success at intelliflo Australia, said the new update recognises the growing popularity of trusts as a wealth protection tool, with almost a million established in Australia holding assets of more than $2 trillion.

“The trust modelling update recognises the increasing appetite for trusts in Australia and will empower advisers to offer more detailed projections for their clients with family or discretionary trusts,” she said.

intelliflo’s principal product offering, intelliflo office, is an industry-leading business management system designed for financial advice firms of all sizes. It streamlines the entire advice process, giving advisers valuable time back to focus on building better outcomes and client relationships.

intelliflo is currently used by 30,000 financial advisers worldwide (in the UK, US, and Australia).