Skybound Wealth integrates Plume technology into property and finance division – The Intermediary
The technology allows advisers to consider property and borrowing options alongside information about a client’s wider financial position.
Skybound Wealth has integrated its proprietary Plume technology into its property and finance division to connect property and borrowing decisions with clients’ wider financial plans.
The technology allows advisers to consider property and borrowing options alongside information about a client’s wider financial position, including liquidity, retirement planning, currency exposure, tax and future cash flow.
Advisers can also use MoneyMap, Skybound Wealth’s financial forecasting engine, to model the potential impact of different options on a client’s long-term plan.
The development follows work to connect relevant UK property tax planning with the property finance journey, with the aim of identifying related considerations earlier in the advice process.
Kieron Franklin, group head of Property & Finance at Skybound Wealth, said: “A client asking whether to keep a UK property is really asking a much larger question. It touches their income, their retirement, their currency and their tax position.
“With Plume, we can bring more of that picture into one conversation and show the client how different options may affect their wider plan.
“That is the difference. Not a faster mortgage. A better decision.”
Through Plume, property and finance advisers can access relevant information held in Hub, Skybound Wealth’s operating platform, alongside MoneyMap.
Husain Rangwalla, chief technology officer at Skybound Wealth, said: “Property advice has been under-served by technology for a long time. It tends to be treated as a transaction, sitting apart from everything else in a client’s financial life.
“Bringing Plume into the Property & Finance advice process means the property and borrowing conversation can be considered alongside relevant parts of the client’s wider position. That gives advisers a stronger basis for building and explaining recommendations.
“And because we built the technology ourselves, we can keep shaping it around what advisers and clients actually need.”
