MN Advisor Finds a Way for the Financial Services Industry to Catch Up with Technology

MINNEAPOLIS, March 22, 2017 /PRNewswire/ -- In today's digital world, the ability to communicate via text message is essential to the client/advisor relationship. Never before have Advisors been able to compliantly communicate with their clients via text messaging. Delayed responses to emails and voice mail are no longer conducive to strengthening client relationships in today's fast-paced world.  The name says it all. MyRepChat was created by an Advisor for Advisors. MyRepChat is an affordable tool that Advisors are using to provide effective, efficient and compliant client communications. This innovative tool allows Advisors to confirm appointments; send clients holiday wishes; ask questions; or simply keep in touch. Until now, Advisors faced severe penalties for texting with clients, and firms were subject to large fines for failing to monitor, capture and archive text messages. Finally, one advisor, who is also a Registered Principal, said enough is enough… and MyRepChat was born.

MyRepChat was originally created to solve the text messaging problem, but has evolved into an even more valuable communication component for the financial services industry. Advisors can effectively, quickly and easily communicate with clients through simple text messaging. Furthermore, compliance can monitor and archive all communications on their terms.

According to USA Today, the average adult spends 23 hours a week text messaging. It's time Advisors leverage this technology and compliance departments employ this proven turnkey solution to monitoring communications. 

MyRepChat is a solution provided by ionlake, LLC.

To learn more visit www.ionlake.com or www.myrepchat.com

SOURCE ionlake, LLC

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