The Commonwealth Bank of Australia-owned wealth manager plans to introduce model portfolios and add functionality, including bulk trading.
"We're introducing a tool that will allow advisers to create model portfolios across all asset classes, including direct shares, to help them manage multiple client portfolios," Perkovic said.
"We'll also be including functionality such as bulk trading and automatic rebalancing to make things as easy as possible for advisers using FirstWrap."
She said the model portfolios were expected to be available in early 2011.
Additionally, CFS has introduced several enhancements to FirstWrap to help advisers manage their self-managed superannuation fund clients.
"We're introducing self-service data feeds and editable descriptions for cash transactions," Perkovic said.
Advisers could now also select from terms of one month to five years, across four different term deposit providers, and with flexible payment and maturity date options, Perkovic said.
