AdvisorEngine and Franklin Templeton Unveil Wealth Management’s Next Evolution of Goals-based Planning
Creating, funding and implementing a financial plan and related investment strategies are all connected within one platform, unifying the advisor and client experience
Scalable, holistic investment planning tool supports specific client goals and deepens advisor-client relationships
For the first time, advisors can work with clients to quickly create and fund a financial plan that can be fully implemented without jumping through multiple systems or enduring repetitive steps.
AdvisorEngine’s goals-based planning tool, developed in collaboration with
AdvisorEngine’s platform capabilities are developed to support the entire advisor-client relationship as a connected, ongoing experience, giving advisors the opportunity to continue engaging their clients on the guidance they value most.
The key actions in a client’s lifecycle are supported within the
“Advisors now have the power to drive a highly customized, engaging goals-based planning experience with their clients,” said
“We’ve integrated scalable financial advice that is personalized to each investor’s goals into a wealth management platform that handles many aspects of an advisor’s daily practice,” said
Features:
-
Highly detailed, personal investment paths
- Once a client's financial goals are determined, an initial investment path is created based on a risk-tolerance questionnaire. From there, advisors can leverage a highly interactive investment path to understand the accumulation and decumulation of wealth, including important milestones, taxes, social security, and RMD’s.
-
Multiple short- and long-term goal types
- In addition to long-term retirement planning, advisors can create value for clients by layering in a variety of goals along the way, including education planning, real estate purchases and sales, home renovations, weddings and vacations.
-
Support for held-away assets
- Advisors can incorporate held-away accounts into their clients’ plans, broadening the scope of their financial portrait and improving the foundation of their long-term plans.
-
Valuable alerts
- See how any client's plan is doing based on current dynamics and benefit from a number of valuable alerts, including missed contributions, unexpected withdrawals, and when plans fall below passing probability thresholds.
-
Client-led planning capabilities
- If desired by advisors, clients can also initiate and build a goals-based plan within the white-label Client Portal.
-
Full model flexibility
- AdvisorEngine’s goals-based planning tool adapts to an advisor’s approach. Advisors can utilize their own models and capital market expectations. If desired, clients can also leverage insights provided by Franklin Templeton’s Investment Solutions team, including globally diversified, open-architecture ETF models.
-
Fully integrated with AdvisorEngine’s portfolio management tech suite
- A full suite of portfolio management capabilities helps to manage a variety of goals-based plans: operate efficiently with client onboarding and fee billing tools, trading and rebalancing features to keep allocations aligned with plans, and easily monitor key events over time with custom alerts and performance reporting.
About
Based in
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20240402709617/en/
suleman.din@advisorengine.com
919-839-3947
Source: