How KmacD Financial streamlines reporting and saves time with Sharesight

KmacD Financial is a boutique financial planning firm providing holistic financial planning advice. They work predominantly with pre-retirees and retirees, managing superannuation assets, direct portfolios and self-managed superannuation funds.

Before starting the practice, owner and Certified Financial Planner Kristy MacDonald used accounting software to manage client reporting. She found this approach expensive, overly complex, and not well-suited to financial planning, so she wanted to find a better solution for her clients.

With Sharesight, Kristy found an easy-to-use and useful reporting system that saved her significant data entry time.

“The Sharesight-AdviserLogic integration means the data entry is taken care of,” said Kristy.

“This saves me a huge amount of time when producing statements of advice and records of advice for clients, and I also plan to use it for dividend reporting.”

Consolidated reporting has helped Kristy with day-to-day operations and customer service, particularly with clients whose wealth is spread across superannuation assets, direct portfolios and self-managed super funds. Kristy can also better track clients’ portfolio performance and share account details with her clients so they can quickly and easily see their position.

“Traditionally, they’d have to log in to three different systems to see the value of their investments,” said Kristy.

“With Sharesight, clients can see a consolidated view of their assets and see performance at different periods of time.”

Overall, Kristy has found Sharesight easy to use, intuitive and ideal for financial advisers.

“I’ve used pretty much every financial planning software created, and I’ve found you need to do a lot more work to create something that is actually useful. By using Sharesight with the AdviserLogic integration, I’ve produced a lot of what we need pretty much instantaneously and without doing a lot of additional work.”

— Kristy MacDonald, Owner and Certified Financial Planner, KmacD Financial

Manage your client reporting with Sharesight

Join thousands of professionals using Sharesight to streamline their client reporting and get the full picture of their clients’ investment performance. Sign up for a free trial so you can:

• Track all your clients’ investments in one place, including stocks, ETFs, mutual/managed funds, property and even cryptocurrency
• Get the true picture of your clients’ investment performance, including the impact of brokerage fees, distributions, and capital gains with Sharesight’s annualised performance calculation methodology
• Run powerful reports built for investors, including performance, portfolio diversity, contribution analysis, multi-period, multi-currency valuation and future income (upcoming distributions)
• Run tax reports including taxable income (dividends/distributions), capital gains tax (Australia and Canada), traders tax (capital gains for traders in NZ) and FIF foreign investment fund income reports (NZ)

Put Sharesight to the test with a free 30-day no-risk trial – there are no billing details or credit card required and you can upgrade, downgrade or cancel at any time.

FURTHER READING

• How Absolute Wealth Advisers gets clarity and accuracy with Sharesight
• How InstructAnt improved client service with Sharesight and AdviserLogic
• How SuperEquity uses Sharesight to keep clients informed on performance