Got small or unprofitable accounts?
We can help
Many banks and wealth managers have struggled with the challenge of delivering their high standards of service to small accounts. The initial costs of onboarding as well as the cost of proper maintenance are rarely, if ever, recovered given the fees generated by such clients.
The real question is: how do you profitably serve small accounts?
That’s where NextMove Capital comes in.
Check out our demo below to see how it works …
Our value to the Bank
Improve revenue share from 60% to 95%
Banks outsource small account wealth management to external wealth platforms. The revenue share averages 60% for the bank and 40% for the platform. Re-routing the accounts to NMC solution, your revenue share will expand to 95%!
Strategic Imperative: Maintain relationship with the next generation
Based on industry studies cited below, a $1B trust bank that fails to offer digital wealth will lose 45–70% of next‑generation relationships.
Monitor entire family relationship via integrated NextMove solution
NextMove Capital APIs will enable your team to maintain a 360-degree view of their relationships. NextMove Capital dashboards and marketing alerts will keep advisors informed of cross sale and up sell opportunities. f
Reduce costs of governance and oversight for small accounts
Our dashboards will give you oversight of both your referrals as well as your onboarded clients.
Deploy a new product without significant technology investment
We will supply a weblink specific to your bank enabling immediate deployment without investment.
As a client’s assets grow, through dashboards and marketing alerts, each bank is positioned to “take the account back.”
Your clients ARE your clients!!