 |
 |
DirectAdvice’s advanced planning and advice engine provides fast, multi-goal advice
that is personalized on a line-by-line basis. This means that the advice your customers receive
addresses precisely their particular goals and reflects their unique circumstances. A unique
utilization of Monte Carlo methodology enhances the user experience.
The advice generated can be linked to specific investment products that will assist them in
meeting their goals. The platform is designed to allow customers to include all types of goals
in their financial plan, not just retirement.
A Modular Approach to Online Financial Planning
The DirectAdvice process begins with a 10 minute high-level consultation and assessment.
Following the consultation, customers are provided with specific advice in core
investment and retirement modules.
After completing this Core Financial Plan, customers may access additional planning modules
that you determine — insurance (life, disability, long-term care), retirement distribution,
portfolio analytics, stock options, education, home ownership and estate planning — in any
order they choose.
And, using our fully configurable portfolio analysis tool, these goals provide the context
for changes by analyzing each account held by your customers. You can now recommend taxable
and tax-advantaged holdings as you help customers establish well-diversified target portfolios.
All modules operate from a single, fully integrated financial model. For instance, the goals
outlined in the retirement and savings service automatically appear as choices for protection
in the insurance planning module. Each data element used in the modeling process is collected
just once, and is automatically available when needed in subsequent modules.
 Click here to see how our support applications can empower your organization.
|
|
