Eliminate Legacy loss
Be their advisor before the transition of your clients assets
The reality of our situation today
- 70% of heirs are likely to change advisors after inheritance
- 75% of clients surveyed say their advisor has never met their children
- Only 19% of affluent investors use the same advisor as their parents
- 90% of affluent investors never considered their parents advisor
- Only 6% of affluent investors gave their parents advisors any consideration at all
It's This Simple
AUM
Legacy Loss Rate
%
Fee
%
=
Loss of Revenue
—
Do your Clients a Favor
A Starter Plan for your clients' children isn't just good business, it's one of the most valuable services you can provide to the parents who trust you.
High School
College Age
Young Professional
Young Family
Give your clients' kids access to Self-Guided Financial Literacy with a Starter Plan:
- Understand the concepts of Financial Literacy
- Apply those concepts to their own journey in life
- Gain a better understanding of what it takes to adult
- Help them make better financial decisions
Next-Gen Features
Longer Time Horizons
Traditoinal planning software is built for old people. Scenarios are age and economically agnostic. Everyone has dreams for their life and everyone is in proces working towards in some capacity. Give them the ability to visualize and plan.
Cicular Events
Traditional planning software is fairly linear. As an example, it doesn't take into account that a new home goal may be the first of three or more homes in your lifetime. Most of time lacking the ability to sell a home from a future goal to fund another home even further in the future.
Financial Ratios
Clear and specific insight throughout the entire lifetime of the plan. Financial Ratios allow the user to self-diagnose the plan with time and academic tested numbers that help understand the financial situation of a plan today or some point in time in the future.
They can self register and onboard
Take the work off of you and just give them the Call-To-Action link. They can self register, start and maybe complete data gathering. Some personalities may go further and start to explore scenarios.
Retirement & Investments are Optional
Some planning software wouldn't know how to exist if there is no retirement goal or if not solving for investments. Scenarios are open and uninhibited from traditional notions of what planning software is for and allows advisors to sim the real lives of people
Custom Market Assumptions
Use a customized set of simple asset classes and portfolios. Your traditional market assumptions will likely not be needed for next-gen. If you use ScenariosX for your planning, its easy to keep separate assumptions for different groups of clients.
