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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How Enterprise Advisory Firms Can Streamline Financial Planning Efficiency for Greater Growth and Profitability

Enterprise financial planning efficiency

Enterprise advisory firms have a lot to gain from improving efficiency in financial planning. Incremental increases in efficiency at the advisor level, when scaled across the entire organization, can result in much greater profitability in the long term. Most enterprises have a general understanding of how advisors spend their time. But a close examination of…

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Using Account Aggregation in Financial Planning to Grow Your Firm

Financial Account Aggregation for Growth

Over the 20 years since its advent, account aggregation has evolved significantly, making it one of the most robust client service tools CFP® practitioners can use. What was once simply a way to track investments has become an indispensable tool in the delivery of comprehensive financial advice. Demand for account aggregation is driven by our…

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Understanding the CFP Board’s New Standard on Technology for Financial Planning Software

CFP Board New Tech Standard for Financial Planning

Recognizing it likely was overdue in providing robust technology standards for CFP® professionals, on October 1, 2019, the CFP Board unveiled its new Code of Ethics and Standards of Practice. The regulations are effective now, but the CFP Board begins enforcing them on June 30, 2020. The new Code of Standards, among other things, introduces…

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All in the Family: Engaging the Next Generation of Investors

Leveraging Technology to Engage the Family in Financial Planning

What do Charlie Sheen, Miley Cyrus, and Peyton and Eli Manning have in common? They all grew up in the limelight and followed their famous parents into entertainment or athletics. The world knows these celebrities now as famous actors, athletes, and singers. But before their children were famous, we watched Martin Sheen trek through Vietnam, Billy…

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Choosing the Right Technology is Crucial for Advisors Going Independent

Choosing the Right Technology is Crucial for Advisors Going Independent

Remember when Frasier stopped hanging out at Cheers and started a radio show in Seattle? The Jeffersons moved on up away from their old neighbor Archie Bunker. And con man Jimmy McGill evolved into Saul Goodman before he met Walter White. Like creating a spinoff of a popular TV show, breaking away from a broker-dealer can be a risky…

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10 Steps to Grow Your Business with an Engaging Website

What’s the most visited website in the U.S.? Facebook? (Everyone seems to use it.) Google? (How many times a day do you Google something?) eMoneyadvisor.com? (Especially the blog!) With 1.7 billion visitors monthly, the answer is YouTube. Since its first video was uploaded in 2005, the video hosting website has 300 hours of video uploaded every minute, and over 30 million visitors…

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