FINANCIAL PLANNING
GOAL PLANNING & MONITORING
GOAL PLANNING
Goal Planning & Monitoring was developed to make the planning process more accessible to clients, motivating them to identify their financial goals. It is built on the philosophy that plans can be both comprehensive and flexible, with immediate output that is easily understood by clients.
With less effort than ever before, you can create interactive financial plans for clients, build actionable recommendations and monitor those plans to help keep clients on track.
FOCUS ON RETIREMENT
As more and more clients retire every day, demand is growing for an improved experience to help navigate all of the decisions and trade-offs involved in planning for the transition into this next phase of life. Make these conversations more engaging by utilizing Goal Planning & Monitoring (GPM) to deliver a collaborative experience that illustrates how planning decisions impact the client’s future quality of life.
KEY DIFFERENTIATORS
FULLY INTEGRATED
From the Advisor Access platform and Client Center, immediately create and monitor client plans with key relationship data passing automatically between systems, easily incorporate external accounts including aggregation, or create new plans for prospects.
COLLABORATIVE
Output is highly visual and designed to build and present a live, interactive plan that can be adjusted in real time with your client present.
EASY TO USE, YET SOPHISTICATED
A streamlined workflow with smart data entry and prefilled defaults makes the process more efficient for common planning needs, but also allows for more sophisticated planning.
A LIVING PLAN
Once a plan is adopted, Goal Planning & Monitoring will automatically track key plan variables on a quarterly basis to let you know when a client gets off track.
BENEFITS TO THE ADVISOR
Goal Planning & Monitoring is powered by MoneyGuidePro®, the leader in goal-based financial planning software, making it easy for you to engage your clients in a discussion about their financial goals by helping you create a personalized “picture” of retirement for each client.
SUPERSOLVE™
SOCIAL SECURITY MAXIMIZER
WHAT IF
Create multiple scenarios to illustrate how alternative approaches differ from the current scenario in a side-by-side comparison.
EXECUTIVE SUMMARY & FULL PRESENTATION
FLEXIBLE DATA GATHERING WORKSHEETS
CALCULATORS
Simple stand-alone calculators can make planning quicker and easier. Popular calculators available include College, Social Security, RMD, 72(t), Roth Conversion and Budget.
BENEFITS FOR YOUR CLIENT
My Snapshot in Client Access
Via Client Access, clients can immediately begin tracking their goals and access the Play Zone™ at home to see how small changes to inputs can have a big impact on plan outcomes. You control this feature and clients cannot make permanent changes to the recommended plan.
Stress Testing
Clients are often worried about things they can’t control but together you can illustrate changes in returns, inflation and Social Security, as well as possible health issues, and give clients confidence by allowing them to plan for unforeseen circumstances.
Risk Tolerance Assessment
Help your clients assess their comfort level with market volatility. This tool also illustrates the hypothetical impact on a portfolio during the peak-to-trough loss of the most recent financial crisis (2007 – 2009) to help guide conversations regarding worst-case-scenario bear markets.
Goal Planning & Monitoring is a major advancement in financial planning technology, customized to align with Bob James’ vision some 50 years ago: engaging clients in the financial planning process, motivating them to take the necessary actions to accomplish their goals and encouraging them to stick with their long-term investment plan during times of market uncertainty. Goal Planning & Monitoring enables you to work closely with your clients to fully understand their goals and provide a tangible outcome to achieve those goals. This hands-on, collaborative approach allows clients to gain a deeper understanding and acceptance of the necessary steps and considerations to be taken to ultimately achieve their financial objectives.
The projections or other information generated by Goal Planning & Monitoring regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Goal Planning & Monitoring results may vary with each use and over time.
CONTACT US
Independence. It sounds, great but is it really that easy? Whether you’re an employee advisor or you have been running your business for years, there is a lot of responsibility. We are here to provide solutions to reduce the time and energy that is required of today’s business owners.