{"id":55532,"date":"2024-01-30T12:14:19","date_gmt":"2025-10-10T10:01:13","guid":{"rendered":"https:\/\/www.elixirr.com\/en-us\/?post_type=case_study&#038;p=55532"},"modified":"2025-11-25T11:33:14","modified_gmt":"2025-11-25T11:33:14","slug":"ftse-100-wealth-advisory-firm-building-a-leading-client-onboarding-experience","status":"publish","type":"case_study","link":"https:\/\/www.elixirr.com\/en-us\/case-studies\/ftse-100-wealth-advisory-firm-building-a-leading-client-onboarding-experience\/","title":{"rendered":"FTSE 100 wealth advisory firm: building a leading client onboarding experience"},"content":{"rendered":"<section\n    class=\"wp-block-text-block edwp-block layout--spacing-y bg--none\"\n    >\n    <div class=\"wp-block-text-block__container container fade-in\">\n        <div class=\"wp-block-text-block__content wysiwyg\">\n            <p class=\"meta-right-overview\">Our team was engaged by a FTSE 100 wealth advisory firm to design and build a market-leading client onboarding experience. Using our end-to-end digital capabilities, we analysed existing customer journeys and identified pain points before redesigning, testing, iterating and building new processes to improve our client\u2019s customer satisfaction and create efficiency gains.<\/p>\n<div class=\"hero-meta\">\n<ul class=\"meta-list\">\n<li>Outcome 1: Users now have a hub that houses their wealth information in one place. As personal situations alter, the information on the portal will too, by integrating with a number of third-party applications<\/li>\n<li>Outcome 2: Our client\u2019s wealth advisors are now able to spend more time on value adding services, such as building a relationship with their clients and managing client portfolios<\/li>\n<li>Outcome 3: We dramatically shortened the average end-to-end client onboarding lifespan from around 60 days to &lt; 5 days<\/li>\n<\/ul>\n<\/div>\n        <\/div>\n            <\/div>\n<\/section>\n\n\n<section\n    class=\"wp-block-banner edwp-block layout--spacing-y bg--secondary wp-block-banner--content-right\"\n    >\n    <div class=\"container wp-block-banner__container\">\n        <div class=\"edwp-component edwp-fade-in wp-block-banner__content\">\n            <h2 class=\"wp-component-heading wp-component-content__title text--h1\">\n    The challenge<\/h2>                <div class=\"wp-component-content__content wp-component-content__content--cols-1 wysiwyg\">\n                            <div class=\"wp-component-content__column\">\n                    <p><span data-contrast=\"none\">Our client, a major UK wealth advisory firm, came to our wealth and asset management experts for support developing a client portal that would allow personal wealth advisors to get to know a potential client before first meeting them. The firm wanted to leverage our extensive experience building leading client experiences and customer journeys that help our clients optimize and redesign crucial components of the client and adviser lifecycles, with the purpose of attracting, onboarding and retaining more investors and their assets.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Our client\u2019s existing client onboarding journey took more than 60 days on average. So, the challenge was to create a more efficient client onboarding process \u2013 a task which required both reimagining key components of the customer lifecycle and delivering a streamlined and paperless web application. This new web application would allow for self-service for the client and maximize value for the advisor with regard to time saved.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n                <\/div>\n                    <\/div>\n                    <\/div>            <\/div>\n<\/section>\n\n\n<section\n    class=\"wp-block-banner edwp-block layout--none bg--secondary wp-block-banner--content-right\"\n    >\n    <div class=\"container wp-block-banner__container\">\n        <div class=\"edwp-component edwp-fade-in wp-block-banner__content\">\n            <h2 class=\"wp-component-heading wp-component-content__title text--h1\">\n    The approach<\/h2>                <div class=\"wp-component-content__content wp-component-content__content--cols-1 wysiwyg\">\n                            <div class=\"wp-component-content__column\">\n                    <p><span class=\"TextRun SCXW176801565 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW176801565 BCX0\">Our team used a<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">n agile process of rapid prototyping and user testing to\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">design and buil<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">d<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0the platform<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">. Our approach\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">began by<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0d<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">evelop<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">ing<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0customer personas and conduct<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">ing<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0workshops with stakeholders<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">, working collaboratively<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0to document\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">our client\u2019s current<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0processes, pain points, systems, and actors for the client journey.\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">Th<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">is<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0groundwork paved the way for the design of<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0an improved\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">future<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0journey focused on resolving identified pain points, with priorities sequenced into a product roadmap.\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">After defining th<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">is<\/span>\u00a0<span class=\"NormalTextRun SCXW176801565 BCX0\">roadmap, we c<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">reated prototypes of the future journey<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">,\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">validating<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0these through\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">customer testing\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">with over 50<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0prospects<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">. In addition, we\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">m<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">apped detailed user flows to shape\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">the\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">scope of our\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">journey MVP.\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">We then\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">s<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">upported\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">our client\u2019s<\/span>\u00a0<span class=\"NormalTextRun SCXW176801565 BCX0\">vendor selection process, evaluating\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">over 100<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0vendors to meet<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0their<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0use case needs.\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">Finally<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">,<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0we c<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">ollaboratively\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">built<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">\u00a0and tested\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">the\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">MVP iteratively in\u00a0<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">a<\/span><span class=\"NormalTextRun SCXW176801565 BCX0\">gile sprints.<\/span><\/span><span class=\"EOP SCXW176801565 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n                <\/div>\n                    <\/div>\n                    <\/div>            <\/div>\n<\/section>\n\n\n<section\n    class=\"wp-block-banner edwp-block layout--spacing-y bg--secondary wp-block-banner--content-right\"\n    >\n    <div class=\"container wp-block-banner__container\">\n        <div class=\"edwp-component edwp-fade-in wp-block-banner__content\">\n            <h2 class=\"wp-component-heading wp-component-content__title text--h1\">\n    The value delivered<\/h2>                <div class=\"wp-component-content__content wp-component-content__content--cols-1 wysiwyg\">\n                            <div class=\"wp-component-content__column\">\n                    <p><span class=\"TextRun SCXW84015188 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW84015188 BCX0\">We\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">d<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">esigned and tested high-fidelity prototypes of optimi<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">s<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">ed\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">journeys,\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">ultimately<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">\u00a0d<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">eliver<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">ing<\/span>\u00a0<span class=\"NormalTextRun SCXW84015188 BCX0\">an MVP product that underwent rigorous testing\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">to ensure its\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">readiness for<\/span>\u00a0<span class=\"NormalTextRun SCXW84015188 BCX0\">go-live implementation. The end deliverable provide<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">d our client with<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">\u00a0an enhanced customer and employee experience<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">,<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">\u00a0via a phased rollout of journey improvements\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">priorit<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">i<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">sed<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">\u00a0based on business impact.<\/span>\u00a0<span class=\"NormalTextRun SCXW84015188 BCX0\">Potential clients are\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">now\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">able to input their wealth\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">and\/or<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">\u00a0asset management information and personal goals for opening an account<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">\u00a0with\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">the firm<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">. As a result,\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">our client\u2019s<\/span>\u00a0<span class=\"NormalTextRun SCXW84015188 BCX0\">advisors are better\u00a0<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">equipped<\/span>\u00a0<span class=\"NormalTextRun SCXW84015188 BCX0\">for their first meeting<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\">\u00a0with potential clients,<\/span><span class=\"NormalTextRun SCXW84015188 BCX0\"> allowing more time to grow the relationship and manage their portfolio going forward.<\/span><\/span><\/p>\n                <\/div>\n                    <\/div>\n                    <\/div>            <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":55534,"template":"","related_service":[340],"related_industry":[341],"class_list":["post-55532","case_study","type-case_study","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is 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srcset=\"https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1.jpg 820w, https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1-300x180.jpg 300w, https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1-768x461.jpg 768w, https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1-87x52.jpg 87w, https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1-319x191.jpg 319w, https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1-479x287.jpg 479w, https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1-567x340.jpg 567w, https:\/\/www.elixirr.com\/en-us\/wp-content\/uploads\/sites\/2\/2025\/10\/wealth-advisory-firm-article-feature-1-1-767x460.jpg 767w\" sizes=\"(max-width: 820px) 100vw, 820px\" \/>            <div class=\"wp-component-card__preview-icon\">\n                <span class='edwp-svg '><svg width=\"47\" height=\"47\" viewBox=\"0 0 47 47\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g>\n<path d=\"M23.4141 0.539062C36.1232 0.539183 46.4258 10.8416 46.4258 23.5508C46.4257 36.2599 36.1231 46.5624 23.4141 46.5625C10.7049 46.5625 0.402465 36.2599 0.402344 23.5508C0.402344 10.8415 10.7048 0.539062 23.4141 0.539062ZM23.4141 1.68945C11.3606 1.68945 1.55273 11.4974 1.55273 23.5508C1.55286 35.6041 11.3607 45.4111 23.4141 45.4111C35.4673 45.411 45.2743 35.604 45.2744 23.5508C45.2744 11.4974 35.4674 1.68957 23.4141 1.68945Z\" fill=\"currentColor\"\/>\n<path d=\"M19.2841 33.6992C18.9579 33.6986 18.6374 33.6111 18.3543 33.4454C17.7167 33.0759 17.3203 32.3585 17.3203 31.5797V15.8189C17.3203 15.0379 17.7167 14.3227 18.3543 13.9531C18.6442 13.7827 18.9735 13.6951 19.3078 13.6994C19.6421 13.7037 19.9692 13.7998 20.2548 13.9776L33.4237 22.0406C33.6981 22.2166 33.9244 22.461 34.0812 22.751C34.238 23.0409 34.3203 23.3668 34.3203 23.6982C34.3203 24.0295 34.238 24.3555 34.0812 24.6454C33.9244 24.9353 33.6981 25.1798 33.4237 25.3558L20.2527 33.421C19.9604 33.6017 19.6256 33.6979 19.2841 33.6992Z\" fill=\"currentColor\"\/>\n<\/g>\n<\/svg>\n<\/span>            <\/div>\n                        <\/figure>\n        <div class=\"wp-component-card__content edwp-row-load\">\n                                    <p class=\"wp-component-card__eyebrow\">\n                Onboarding Solutions            <\/p>\n                <a href='https:\/\/www.elixirr.com\/en-us\/case-studies\/ftse-100-wealth-advisory-firm-building-a-leading-client-onboarding-experience\/' class='wp-component-card__title'>\n            <h2>\n                FTSE 100 wealth advisory firm: building a leading client onboarding experience\n            <\/h2>\n        <\/a>                                                            <div class=\"wp-component-card__meta\">\n                                            <p class=\"wp-component-card__date\">\n                            30 January 2024                        <\/p>\n                                                                <div class=\"wp-component-card__terms\">\n                                                                                                                                                                                                                <div class=\"wp-component-tags edwp-component\">\n                        <div class=\"wp-component-tags__tag\">\n                Wealth &amp; Asset Management            <\/div>\n                                <div class=\"wp-component-tags__tag\">\n                Onboarding Solutions            <\/div>\n                <\/div>\n                        <\/div>\n                                    <\/div>\n                                                    <div class=\"wp-component-card__button-wrapper\">\n                    <button class=\"btn btn--link arrow wp-component-card__button\">\n                                                                            Read more                                                                            <span class='edwp-svg '><svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g id=\"Lg\">\n<path id=\"Vector\" d=\"M1.12509 9.50162H15.8648L9.43259 3.06941C9.374 3.0113 9.3275 2.94216 9.29576 2.86599C9.26403 2.78981 9.24769 2.70811 9.24769 2.62559C9.24769 2.54307 9.26403 2.46137 9.29576 2.38519C9.3275 2.30902 9.374 2.23988 9.43259 2.18177C9.54971 2.06535 9.70814 2 9.87328 2C10.0384 2 10.1969 2.06535 10.314 2.18177L17.8151 9.6829C17.8737 9.74101 17.9202 9.81014 17.9519 9.88632C17.9837 9.96249 18 10.0442 18 10.1267C18 10.2092 17.9837 10.2909 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