Startup Idea: Task Management and Follow-Up Software for Financial Planners

Start-up idea to develop a software for financial planners to track the progress of their recommendations and projects. This software would generate reminders and confirmations ensuring all necessary steps are taken, streamlining the process of tasks like changing a client’s home insurance policy, including organised follow-ups with clients and other parties involved.

I work as a financial planner at a registered investment advisory firm.

One big pain point that is not yet solved by software is following up with clients on recommendations and projects that are being worked on, and tracking their progress.

Yes I would pay for the software.

For example, if a recommendation is made to change a home insurance policy, software confirming a broker was contacted and all necessary steps occurred to get the policy in place. This would entail tracking the progress of the task, and generating emails, letters, or reminders to call the client, or other parties involved in the job.