Steele Capital Management Reports Strong ROI with Maximizer Enterprise
June 14 2006 - 9:00AM
PR Newswire (US)
Investment management leader grows assets 30% annually; retains 99%
of clients with Maximizer Enterprise VANCOUVER, June 14
/PRNewswire-FirstCall/ -- Maximizer Software Inc., a leading
provider of proven and affordable customer relationship management
(CRM) and contact management solutions, today announced that Steele
Capital Management, a leading provider of investment management and
company-sponsored 401K plans has achieved strong ROI results with
Maximizer Enterprise. The firm took advantage of the seamless
upgrade path from Maximizer sales and contact management to
Maximizer Enterprise's full-suite CRM capabilities. Based in
Dubuque, Iowa, Steele Capital Management is a leading provider of
investment management and company-sponsored 401K plans. With more
than $600 million in assets under management, 1,000 high-net-worth
private clients and thousands of 401K participants, the firm uses a
network of independent investment advisors to take its products to
market. Operating in the high- touch, relationship-driven financial
services industry, Steele Capital Management required a means of
providing highly-personalized client service while tracking the
profitability of both its client relationships and its most
profitable broker relationships. To address this requirement, the
firm deployed Maximizer in 1994 and, having experienced growth
measured in the hundreds of percent, has now made the seamless
upgrade to Maximizer Enterprise. "Whether managing the portfolio of
a savvy high-net-worth private client or closely-tailoring a
balanced retirement strategy for one of our 401K participants, we
have always put the experience of our clients above all else," said
Kevin J. Timmerman, President, Steele Capital Management. "Early
on, we realized that our administrative processes were inefficient,
prone to errors and weighed on our team's ability to provide a
positive client experience. Because we were able to start out with
the Maximizer contact management product, massively grow our
business and then easily move our data into the full CRM
functionality of Maximizer Enterprise, we saved a lot of money and
time - especially since our staff was already used to navigating in
the system. The transition was extremely easy." Given the fact that
Steele Capital Management has used Maximizer Software products
since its inception, the firm has realized exceptional return on
its investment. Since deploying Maximizer and upgrading to
Maximizer Enterprise, Steele Capital Management has: - Managed a
new client acquisition rate averaging more than 30% annually; -
Retained 99% of its clients with an enhanced customer experience; -
Drastically reduced errors in administrative processes; - Grown
assets under management by an average of more than 30% per year; -
Added and retained hundreds of high-net-worth investment management
clients; - Grown its independent salesperson network from 15 to 50;
"Winning financial services firms are those that learn from their
clients, and understand their preferences, tolerances and
motivations for investing," said Peter Callaghan, Executive Vice
President, Sales and Marketing, Maximizer Software. "Maximizer
Enterprise is designed to help firms personalize the investing
experience - tracking not simply the products held by a client but
also their complete history with the firm, relationships to other
investors, products held in competing organizations and even
favorite sports teams and life events like birthdays and
anniversaries." About Maximizer Software Maximizer Software Inc. is
a leading provider of proven and affordable customer relationship
management (CRM) and contact management solutions that help small
to medium-sized enterprises improve sales, streamline marketing,
and enhance customer service & support. Maximizer Software has
helped over 7,500 Maximizer Enterprise(TM) customers and over one
million Maximizer(TM) users grow their businesses by building
profitable customer relationships with award-winning solutions.
Maximizer Software is a worldwide organization with Business
Partners and offices in its three regions: Americas, Europe/Middle
East/Africa (EMEA), and Asia Pacific. Customers include leading
companies such as Siemens, Ipsos-Reid, Nestle Clinical, Ericsson,
HSBC, Singapore Airlines, Cathay Pacific, William Mercer, and Bank
of New York. Learn more about Maximizer Software at
http://www.maximizer.com/. This release may contain certain
forward-looking statements reflecting Maximizer Software Inc.'s
current expectations. Investors are cautioned that all
forward-looking statements involve risks and uncertainties,
including without limitation, changes in market and competition,
technological and competitive developments, and potential downturns
in economic conditions generally. Additional information on these
and other potential factors that could affect the Company's
financial results are detailed in documents filed from time to time
with the provincial securities commissions in Canada. All
trademarks or registered trademarks stated herein are properties of
their respective owners. Media contact: Craig Clark Corporate
Communications Maximizer Software Inc. Direct: 604.639.3608
DATASOURCE: Maximizer Software Inc. CONTACT: Craig Clark, Corporate
Communications, Maximizer Software Inc., Direct: (604) 639-3608,
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