eMoney launches advisor assurance, an integrated compliance solution for the entire office

eMoney Launches Lead Capture, a an interactive, online workflow designed specifically for financial advisors to attract, engage and qualify leads through their online marketing efforts.
  • Regardless of the status of the DOL Fiduciary Rule, new tool streamlines firms’ compliance efforts
  • Event logs track key advisor-client interactions, providing ultimate transparency

RADNOR, Pa. – April 7, 2017 – Although implementation of the Department of Labor’s (DOL) Fiduciary Rule was recently delayed, eMoney Advisor’s launch of Advisor Assurance, a new compliance solution that provides streamlined documentation and archival of key advisor-client interactions throughout the financial planning process, remained unaffected by the delay. Designed to provide oversight for the whole office – including financial advisors, compliance officers, and administrative users – Advisor Assurance automatically powers firms’ compliance efforts right from the eMoney dashboard. Made available to all clients April 4, Advisor Assurance enables efficiency and transparency through real-time monitoring and instant access to account changes, document storage, financial reports and more, ensuring financial advice and guidance are always given in a client’s best interest.

“Advisor Assurance provides a scalable compliance solution for firms of all sizes, regardless of what happens with the DOL. Over the years, eMoney has focused on creating better and more innovative ways to collect and analyze client data as part of a holistic planning approach. This solution is an extension of our long-term vision to enable a scalable, collaborative financial planning experience, ensuring clients’ goals are met diligently and efficiently,” said Ed O’Brien, CEO of eMoney Advisor.

Advisor Assurance seamlessly merges financial planning and compliance, enabling users to:

  • Monitor manual account changes: Assist with oversight of consolidated reporting
  • Easily export records in real-time: Online access to seven years’ worth of a firm’s event logs that can be exported with the click of a button
  • Access deleted records: Total transparency with robust archives of deleted records
  • Quickly review and approve advisor presentations: An intuitive presentation review workflow allows managers to collaborate with advisors over presentations prior to client meetings

 Advisor Assurance was designed as part of eMoney’s Fiduciary Framework, an initiative launched last year to bridge the long-standing gap between financial planning and compliance. Leveraging the perfect mix of automated onboarding and fact-finding, interactive planning tools, and monitoring and analytics generated through Advisor Assurance, eMoney is the industry’s only fiduciary focused planning platform.

To date, nearly 10,000 of eMoney’s 45,000 clients have adopted or are in the process of implementing Advisor Assurance to track planning activities. These clients include financial institutions, broker-dealers, insurance companies and RIAs. Future enhancements to Advisor Assurance, such as tracking advisor-client email exchanges, are planned for later this year.

“Advisor Assurance is truly a technology solution for the whole office. Being able to monitor and record key interactions with clients all in one place is a win-win, whether your firm has two advisors or 2,000,” said O’Brien.

To learn more about Advisor Assurance, visit: http://info.emoneyadvisor.com/assurance.

About eMoney Advisor
eMoney Advisor, LLC (“eMoney”), based in Radnor, Pennsylvania, is the only wealth-planning system for financial advisors and firms that offers superior transparency, accessibility, security, and organization for everything that affects their clients’ financial lives. A technology envisioned and created to transform the way financial professionals deliver scalable advice and build collaborative relationships with their clients, eMoney’s award-winning software and resources help advisors prepare their clients for secure financial futures.  For more information, please visit www.emoneyadvisor.com.

Grayce Turnbach

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