When your client benefits from increased technology collaboration, there are obviously parallel benefits for you. Adding plans to the app through MoneyGuidePro allows clients to access all their financial information, in one place, from anywhere. The Wealth Access mobile app is built to be a client-first application so it’s easy to use, but also packed with information. An integration that creates more comprehensive plans makes analysis simpler and information becomes easier to read as a result. Without integrated systems, it’s easy for clients to become confused if one report has some accounts, and another report doesn’t. Instead, their complete financial portfolio is available where your clients want to access it, giving them an easier way to find the information they want so they can more easily communicate with you about their needs. When your systems are integrated, your clients’ financial information is no longer held in separate silos, each one independent of the other. When you combine your PFM and financial planning tools through Wealth Access and MoneyGuidePro, you give clients the best of both with an integrated and complete experience where both approaches can work hand-in-hand.Ĭombining the held-away data you aggregate through Wealth Access with the financial planning tools available from MoneyGuidePro provides your client with these benefits: Your clients want to stay on top of their credit card balances, loan amounts, and where their money is going on a daily basis as they spend, save, and go about living their life. Personal financial management, on the other hand, is a day-to-day activity. Most clients may reference their plan once or twice a year when it’s time for an annual review some clients may double back to it quarterly, but overall, a financial plan serves as a guiding light and a tentpole that you want them to be aware of and working toward, but not necessarily focused on constantly. Personal Financial Management Tools Combined with Financial Planning Creates More EngagementĪ financial plan, while vital to long-term success for many people, is not going to be something your client checks every day. Here’s how integrating MoneyGuidePro and Wealth Access can help create more beneficial conversations and stronger relationships with your clients. Through the Wealth Access integration with MoneyGuidePro, you can make those conversations easier to have with a more comprehensive way to create plans that address a client’s full financial picture. Usually, that comes in the form of a written financial plan. It’s all part of the job description, but it’s easier to have those conversations when you can point your clients back to a shared agreement that you’ve made that outlines their goals and how they can achieve them. While some clients may be naturally inclined to not worry, there are always a few that need to be talked off the ledge when they see the Dow decline by a few hundred points in a day. This guide introduces you to FinaMetrica's risk tolerance questionnaire and report, and explains one methodology for integrating risk tolerance into your planning process.As a financial advisor, one of the most difficult aspects of your job is effectively managing client attitudes and behavior when financial markets dip. Please select MoneyGuidePro under Alliance when subscribing. We offer a 10% discount off our standard subscription price for MoneyGuidePro users. For all the powerful planning tools you'd expect, plus a Social Security maximizer, easy technology integration and exclusive account aggregation, use MoneyGuidePro. Because MGP is smart, easy-to-use and adaptable, you can now provide a profitable planning experience for every client. MGP's unique ability to make sophisticated, goal-based planning fast and easy makes for a more profitable experience for clients and advisors. Our collaborative online approach motivates clients to become involved, engaged, then invested. That’s because we make planning all about the client. MoneyGuidePro is the financial planning software of choice for seven years running, according to Financial Planning's RIA survey.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |