Michael Gary
Consulting Incorporated (MGCI), is dedicated to providing professional advisory
services focused in Wealth Management specifically addressing
operations, reporting and technology.
Advisory Services
At a Glance: Wealth Management
The Wealth Management business is undergoing major challenges. Continually increasing regulations requiring improved monitoring and reporting solutions are resulting in mandates for greater investments in technology. In addition, both individual and institutional clients are demanding more information leading to the need for improved data aggregation and more flexible delivery of reporting.
The capital commitment to address these challenges is also leading to opportunities for top-tier firms to initiate the acquisition of ill-equipped firms that cannot meet these commitments.
We work closely with our clients to analyze and deliver highly value-added, customer-aligned solutions which capitalize on each firm’s strengths, thus allowing them to concentrate on their core business objectives.
Advisory Services
At a Glance: Wealth Management
The Wealth Management business is undergoing major challenges. Continually increasing regulations requiring improved monitoring and reporting solutions are resulting in mandates for greater investments in technology. In addition, both individual and institutional clients are demanding more information leading to the need for improved data aggregation and more flexible delivery of reporting.
The capital commitment to address these challenges is also leading to opportunities for top-tier firms to initiate the acquisition of ill-equipped firms that cannot meet these commitments.
We work closely with our clients to analyze and deliver highly value-added, customer-aligned solutions which capitalize on each firm’s strengths, thus allowing them to concentrate on their core business objectives.
What questions should
you be asking?
Do we have multiple new account processes as the result of mergers, subsidiaries or business lines that are not integrated?
How effectively can we monitor compliance across business lines and products?
Do our account tiers provide exceptional services and tools for our top clients and flexible solutions with self-service for our lower-tier clients?
Have our services and technologies been evaluated to highlight unnecessary redundancies which lead to inconsistent services and cost inefficiencies?
Do we have multiple new account processes as the result of mergers, subsidiaries or business lines that are not integrated?
How effectively can we monitor compliance across business lines and products?
Do our account tiers provide exceptional services and tools for our top clients and flexible solutions with self-service for our lower-tier clients?
Have our services and technologies been evaluated to highlight unnecessary redundancies which lead to inconsistent services and cost inefficiencies?
Setting priorities to maintain 'Trusted
Advisor' status in the wealth management business
Integrating back office processing and master files for products, clients and counter-parties to meet client and regulatory requirements.
Eliminating time-consuming manual processes and reducing redundancies to improve client service and reduce expenses.
Combining Business Intelligence (BI) tools and flexible data management to address regulatory reporting such as Dodd-Frank and client requests for information.
Keeping pace with new technologies including providing solutions for iPhones, Smart Phones and iPad devices.
Managing a solid asset allocation strategy including improved transparency into underlying funds for investors.
Providing proactive and consistent advice.
Addressing risk management including credit and counterparty risk objectives through the development of improved investor reporting as well as Risk Dashboards for internal management.
Satisfying regulatory and compliance requests through partners that are experts in the regulatory landscape and work closely with regulators to assess the impact of new rules as part of Dodd-Frank and the Foreign Account Tax Compliance Act (FATCA).
© Michael Gary Consulting, Incorporated (MGCI) All rights reserved.
Integrating back office processing and master files for products, clients and counter-parties to meet client and regulatory requirements.
Eliminating time-consuming manual processes and reducing redundancies to improve client service and reduce expenses.
Combining Business Intelligence (BI) tools and flexible data management to address regulatory reporting such as Dodd-Frank and client requests for information.
Keeping pace with new technologies including providing solutions for iPhones, Smart Phones and iPad devices.
Managing a solid asset allocation strategy including improved transparency into underlying funds for investors.
Providing proactive and consistent advice.
Addressing risk management including credit and counterparty risk objectives through the development of improved investor reporting as well as Risk Dashboards for internal management.
Satisfying regulatory and compliance requests through partners that are experts in the regulatory landscape and work closely with regulators to assess the impact of new rules as part of Dodd-Frank and the Foreign Account Tax Compliance Act (FATCA).
© Michael Gary Consulting, Incorporated (MGCI) All rights reserved.