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Current Internal Projects
Flexible Simulator
A new approach to financial modeling simulations with unprecedented flexibility and configurability     read more

Retirement Income Asset Mix Study
An evaluation of the timing impacts of different solutions and allocations on retirees' ability to meet their spending goals
Coming Soon...
Alternative Monte Carlo Methodologies
A study of the impacts on probabilities when the underlying method for random number generation is modified and when the goal is expressed as an ongoing function rather than a terminal measurement.

Asset Allocation and Probabilites of Success
A look at algorithmic approaches to changing allocations over time vs. an event-based approach to allocation adjustments in a financial model.
Changing the Advisor Tool Landscape
We understand that you have to provide the best tools to attract and retain advisors in today's competitive market. We also understand how easy it sounds to select a software package and deploy it to advisors. With every checkbox filled in the RFP, you are sure you've made the right choice--that is until you discover that no one is using it.
Why are financial and investment planning tools not adopted? We believe that the problem stems from the process that the software providers of these systems have to use to get clients. If ten firms have 20 requirements, then the provider has a list of 200 requirements to fulfill. As new clients come on board, more requirements are added to the pile. The upside is the software can do everything but butter your bread, but the price is now unnacceptable, because your advisors can't (or won't) use it. There is simply too much complexity.
Another key need of every firm is integration. And many providers make this sound like it is as easy as turning on a light switch. It never works that way; but since you wanted to do this in phase 2 anyway, you really don't worry about it at first. The problem really comes in once you have data on their system and you want to integrate it with your processes. Now you find out that it isn't as easy as you were told and you don't have as much control as you need.
What's the alternative? Historically, these problem were created because firms could not take on the daunting task of building their own solution. When you decide to start from a blank slate, this is still true today, but our goal at Spencer Dillard Consulting is to change that. Our framework enables the institution to pick and choose the components that are relevant to its users. Also, by enabling the institution to develop its own proprietary model without all the coding and testing that usually accompanies it, we can deploy the solution at a rate that meets or exceeds the enterprise deployments of traditional providers. And because you have complete control over the persistence, reporting, and other components of the system, you know that it can grow and change as your needs change. Contact us today to learn more.