FINANCIAL PLANNING ADOPTION

Increasing Advisor Adoption and Delivering a Goals-based Client Experience

WEALTH MANAGEMENT SOLUTIONS / FINANCIAL PLANNING ADOPTION

ADDRESSING THE ADOPTION CHALLENGE

One enduring challenge for many organizations is driving full adoption of Financial Planning to deliver a personalized, Goals-based Client Experience. Too often the focus simply on the Planning Software or Platform, with little focus on the Process. Consider these statistics:

Average Number of Financial Plans developed per Advisor annually

Industry Average for hours required to complete a Financial Plan

Full Weeks required to complete a traditional Financial Plan for a book of 150 clients

Clients who stated they would “Rather go to the DMV than develop a Financial Plan”

These statistics demonstrate that there must be a better way. A new way that drives Adoption.

THE RAPID PLANNING PROGRAM

The Rapid Planning Process delivers a clear and efficient framework for leveraging your specific Financial Planning software to deliver a collaborative Goals-based Experience in less than 45 minutes.

TOPIC ONE: CHANGING THE PARADIGM
Aligning to The Rapid Planning Process

TOPIC TWO: ENGAGING YOUR CLIENTS
Leveraging Your Financial Planning Software to Deliver the Rapid Planning Experience

TOPIC THREE: POSITIONING FOR PRIMACY
The Data Aggregation Conversation

TOPIC THREE: MONETIZING THE PROCESS
The Asset Consolidation Conversation

IMPLEMENTATION OPTIONS

LIVE
One-day live instructor-led program
VIRTUAL
Four 75-minute virtual sessons
SELF-DIRECTED
Series of four self-directed, video-based online modules

THE IMPACT

The Rapid Planning Process enables Advisors to “compress the time to value”, delivering tangible value to the client in one meeting and getting more clients engaged in the full Financial Planning process.

Increase in Advisor Adoption

Increase in Plans Developed

New Revenue Growth

Increased Client Engagement / Loyalty