How to Use Transparency in Financial Planning as a Tool for Client Engagement

Transparency as a tool for client engagement in financial planning blog

Transparency in financial planning is a powerful way to build trust and engagement. It involves clients in the financial planning process, which helps them gain a sense of control over their financial destiny, and witness the value of your advice. Clients have an inherent distrust of advisors. Only 35 percent of investors say their planner…

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Creating a Better Client Experience With or Without the DOL Fiduciary Rule

Client Experience and DOL Fiduciary Rule Blog

Sometimes when you are waiting for a story to end you may start to imagine your own ending. With a years-in-the-making story like the Department of Labor’s (DOL) Fiduciary Rule (“DOL Rule”) we are still wondering how, when, and if the ending will truly unfold, now that there is a new DOL proposal in the…

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Financial Planning Software and the 7 Step Financial Planning Process

How Financial Planning Software Helps Comply with the 7 Step Financial Planning Process Blog

What is financial planning software? At the most basic level, any program that can complete financial calculations and projections across multiple accounts could be considered financial planning software. But given the near-universal perception that advancing technology should offer so much more, it’s reasonable to expect that professional financial planning software should accomplish more than a…

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The Value of a Robust Client Portal in Financial Planning Relationships

Financial planning client portal

Don’t you just love it when a plan comes together? After you’ve synthesized all of your client’s financial information, goals, and constraints into a realistic financial plan? When they’ve signed off on it, and you can tell they’re invested on a deeply personal level in making it happen? And everyone’s pulling in the same direction?…

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