EDVOA stands for Education and Demonstration of the Value Of Advice.
Nick French set up EDVOA to help advisers demonstrate the value of the advice they provide to clients. With over twenty years experience in financial services, Nick works alongside advisers and their businesses and has an in-depth understanding of the challenges and opportunities the profession faces.
Nick is passionate about the difference financial advice can make to peoples’ lives and believes there is an opportunity to create even greater understanding of its value amongst clients. That’s why he’s created EDVOA – a suite of online tools that complement the conversations advisers are already having by placing a number on the value of their advice to clients.
Alongside EDVOA, Nick runs his consultancy business, Make a Difference Consulting (or MAD for short), helping financial advisers develop their practices.
No, you don’t have to install anything – EDVOA is an online system.
EDVOA will work on the latest version of most browsers, including IE, Safari, Edge, Firefox and Chrome but will not work on IE8, or similar earlier browser versions.
Click on ‘Subscribe now’ and add your payment details. You can pay by either debit or credit card. Payments are taken monthly.
Send an email to firstname.lastname@example.org and your subscription will be cancelled within 2 days.
When your 14 day free trial period ends, you will be sent a link for you to choose your plan. Select your preferred option and add your payment details.
Click on ‘forgotten your password’ on the login page, add your email address and a reset your password email will be sent to you.
Login and have a go! If you haven’t read it already jump to our Get Ready guide which will set you on the right path for using the tools.
If your trial expired, you can subscribe to a plan by going to your account settings (click on you profile in the top right and select settings). These are still accessible, even after your trial has expired. Press ‘Teams’ and click on the team you would like to subscribe to EDVOA, and then press ‘Subscriptions’.
We store your data on UK based servers in a secure data centre. Your data is protected with your account password and we never store your payment information or share your account information with any third parties other than Stripe, who handle secure payment. Your login session while you are using EDVOA is encrypted and any page you visit is securely loaded via through the “SSL” protocol which is represented by the green “Secure” padlock in your browser.
How do we update users on the ‘team’ and ‘organisation’ accounts. For instance, if someone has left the business, and we need to update the user?
This is easily done by the lead member, just login into the ‘your team’ section and amend the details.
For the Adviser Adds Value tools, the figures for each of the individual factors are sourced from a number of research papers. The lowest values recorded in the research provide the default numbers in the tool. Take a look at our blog post and familiarise yourself with the research before using these tools.
The figures are returns compounded over time and are rounded to the nearest thousand pounds.
The tools are perfect for use by Advisers and Paraplanners.
No, the data does not pre-populate across tools.
When your 14 day free trial finishes you’ll be directed to your subscription page where you can sign-up and continue using EDVOA.
All major debit or credit cards.
Every month on the same date as your first payment i.e. if your first payment is on 3rd of the month, we will take all following monthly payments on 3rd of the month.
VAT is added to the payment.
Yes, you most certainly will.