AdviceOS

What AdviceOS is

AdviceOS is cloud-based financial planning software for managing clients, researching products, modelling advice, generating advice documents, and supporting compliance. Midwinter says it is designed for financial advice businesses from small practices to large institutions. Its CRM handles client relationships, reporting, fee disclosure statements, communications, and SOA and ROA generation. The Product module includes Morningstar and ASX pricing and research, portfolio analysis, product comparisons, and FundsBase research covering more than 1,300 investment platforms. Insurance Comparison offers Omnium or Chant West data options and links with CRM, Fact Find, and Needs Analysis. A linked Client Portal provides digital fact find, objectives tools, and document sharing. Integrations include Class, Inherit Australia, Moneysoft, myprosperity, Omnium, and Worksorted; Midwinter also identifies an open API. Standard advice templates are included at no additional charge, while managed templates carry a monthly fee and custom work is priced by statement of work. Pricing is on request; there is no free plan. Setting up data feeds can take up to six weeks, and the data feeds module costs extra.