The legal industry is increasingly embracing new technologies, enabling firms to offer enhanced services and capabilities. A prime example can be seen with BakerHostetler’s newly launched FinTech tool, FinClar. This innovative application was developed under the guidance of Jonathan Forster, who serves as the Northeast practice leader of BakerHostetler’s Private Wealth Group.
Forster, an ex-financial advisor, built upon his past experience of managing rich investment data. Over the years, he has harnessed the potency of this data to elucidate valuable insights about financial plans of clients. The advent of FinClar is a result of Forster’s meticulous effort at turning unremitting spreadsheet-building into an analytical dashboard for clients.
Treading the path of innovative FinTech solutions, FinClar aims to simplify complex financial and estate planning information for clients. By making intricate information accessible and manageable, the application bridges the gap between professional advisors and clients in the areas of financial planning and wealth management. The role of FinClar doesn’t seem to cease here, Jonathan Forster has future plans associated with this tool that may further unfold in the forthcoming period.
A detailed coverage about the inception, functionality, and the future scope of FinClar can be found in an interview with Jonathan Forster published by Legaltech News.