Skip to content
English
Go to dashboard
  • There are no suggestions because the search field is empty.

SOA Tool vs Fund Data Tool: Which should you use?

One of the biggest advantages of GoalsGetter KiwiSaver is the ability to build truly diversified portfolios using multiple investment managers and funds. While this flexibility creates better portfolio construction opportunities, it can also create additional work for advisers when it comes to research, analysis and advice documentation. 


To help simplify this process, GoalsGetter provides two adviser tools designed specifically for multi-manager advice:

  1. The Statement of Advice (SOA) Tool
  2. The Fund Data Tool

While both tools support the advice process, they serve different purposes and can be used independently or together depending on your preferred workflow. 

At a Glance

Feature SOA Tool Fund Data Tool
Client-ready advice document ✅ ❌
Portfolio modelling ✅ ✅
Weighted portfolio calculations ✅ ✅
Current vs recommended portfolio comparison ✅ ✅
Historical returns analysis ✅ ✅
Asset allocation analysis ✅ ✅
Recommendation rationale ✅ ❌
Client information and risk profile sections ✅ ❌
Suitable for advisers with their own SOA system ⚠️ ✅
Suitable for advisers wanting a complete advice solution ✅ ⚠️
Request Access

 

Why Traditional Advice Tools Fall Short for Multi-Manager Portfolios

Most adviser CRM and SOA systems are designed to compare individual funds side by side. That's straightforward when recommending a single diversified fund, but it becomes more complex when recommending a portfolio made up of multiple managers and funds.

For example, if you're recommending a portfolio comprising: 40% Milford Active Growth; 30% Generate Focused Growth; 30% Pathfinder Global Responsibility - you need to understand the combined portfolio characteristics, not just the characteristics of each individual fund. 

This typically involves gathering data from multiple providers, calculating weighted averages, comparing asset allocations, assessing fees and performance, and then documenting everything for the client.

That's where these GoalsGetter adviser tools can help.


Option 1: The Statement of Advice (SOA) Tool

Best for advisers wanting a complete advice solution

The SOA Tool generates a client-ready Statement of Advice that packages a recommended multi-manager portfolio into a professional document.

The tool allows advisers to:

  • Compare a client's current KiwiSaver position against a proposed GoalsGetter portfolio.

  • Document client objectives and risk profile.

  • Include recommendation rationale.

  • Present asset allocation, fees and historical performance information.

  • Create a PDF ready to be shared with clients. 

What makes it different?

Unlike many traditional SOA systems, the GoalsGetter SOA Tool calculates and presents portfolio outcomes across the combined recommended portfolio rather than displaying individual funds in isolation.

This means advisers can clearly demonstrate:

  • Changes in growth versus defensive asset exposure.

  • Combined portfolio fees.

  • Historical portfolio performance.

  • Overall portfolio characteristics.
 

 

Ideal for:
    • Advisers looking for a complete multi-manager advice solution.
    • Advisers wanting to produce client-ready advice documents quickly.
    • Advisers who don't already have a preferred SOA process for multi-manager recommendations. 
      Request Access  



Option 2: The Fund Data Tool

Best for advisers who already have their own SOA system

Not every adviser wants to replace their existing advice process. That's why the Fund Data Tool was created.

Rather than producing a full Statement of Advice, the Fund Data Tool focuses purely on the numbers, calculations and portfolio comparisons advisers need to support their recommendations. 


What does it provide?

The Fund Data Tool allows advisers to quickly compare:

  • Current versus recommended portfolios.

  • Asset allocation changes.

  • Weighted portfolio exposures.

  • Historical returns.

  • Fees.

  • Portfolio-level outcomes across multiple underlying funds. 

 

Why advisers find it valuable


Many advisers already use their own CRM or SOA platform and simply need access to the right data.

The Fund Data Tool eliminates the need to manually:

  • Source information from multiple fund managers.

  • Calculate weighted averages.

  • Aggregate fees and asset allocations.

  • Build portfolio comparison tables from scratch.

  • It also provides a simple way to test multiple portfolio combinations before meeting with clients and arriving at a final recommendation. 

 

 

Ideal for:
    • Advisers with an existing SOA or CRM platform.
    • Advisers wanting portfolio analytics without changing their advice process.
    • Advisers exploring different portfolio combinations before finalising recommendations. 
      Request Access  
 
 

Designed Specifically for GoalsGetter's Multi-Manager Approach

Both tools have been built with GoalsGetter's multi-manager KiwiSaver model in mind.

Rather than requiring advisers to manually combine information from multiple providers, the tools package key portfolio data into a format that's faster to understand, easier to present and more efficient to incorporate into your advice process.

Whether you're looking for a complete advice document or simply better portfolio analytics, these tools can help simplify multi-manager advice and save valuable preparation time.

Tip: You can use both tools together if...

You want to model portfolio options using the Fund Data Tool and then produce a final client-ready recommendations using the SOA Tool.

 

 How to access the GoalsGetter Adviser Tools 

Contact the GoalsGetter team now to arrange access and a walkthrough of the tools best suited to your advice process...

Request Access