Money Tree Software`Customer relationship management (CRM) `Portfolio management (PM) `Establish and...
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Michael Vitkauskas Chairman and Founder Money Tree Software Brian Cullen Director of Marketing Advisor Software Business Morningstar, Inc.
Transcript of Money Tree Software`Customer relationship management (CRM) `Portfolio management (PM) `Establish and...
Michael VitkauskasChairman and FounderMoney Tree Software
Brian CullenDirector of Marketing
Advisor Software BusinessMorningstar, Inc.
Differences:
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Accounting and tax preparation relies more on history
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Financial planning focuses more on forward projections
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Tools and technology are different in some areas
Financial planning software (FP)
Customer relationship management (CRM)
Portfolio management (PM)
Establish and define the client-planner relationship
Gather client data including goals
Analyze and evaluate the clients financial status
Develop and present recommendations and
alternatives
Implement the agreed recommendations
Monitor the results over time
Source – College for Financial Planning
.
Total Planning Suite
.
Total Planning Suite
Import data
from other programs
Retirement planningInsurance needsEstate taxIncome taxEducation fundingAsset allocation
Tell me NOW
Tell me ALL
Tell me DETAILS
Gather dataKeep it simpleImmediately review potential for successFriendly reportsMixture of text, numbers and chartsOn-Screen illustration
Goal based planningAccumulation yearsFamily or multiple concernsMore reportsGreater detail
Cash Flow based planningDistribution yearsMeasure results each year ◦
Income◦
Expense◦
Asset values◦
Income taxes
Audit trail
??
Audit Trail
Comprehensive ◦
Covers all the areas that need to be considered for a full financial plan.
Modular◦
Addresses single issues where the customer needs an answer now.
EISI◦
Naviplan Standard (Desktop or Online)◦
Naviplan Extended (Desktop or Online)
Money Tree Software◦
Silver Financial Planner (Desktop or Online) ◦
Easy Money (Desktop)◦
Golden Years (Desktop)
MoneyGuide Pro (Online)
Brentmark◦
Retirement Plan Analyzer ($595)◦
Retirement Distribution Planner ($249)◦
Estate Planning Tools ($429)
Money Tree◦
Distribution Solutions ($269)
Roth ConversionRMD, 72(t)Lump sum vs. pension annuityIRA RolloverPension Max
(3 more)
Roth Conversion
Evaluate your client characteristicsComprehensive or Modular◦
Tell me NOW◦
Tell me ALL◦
Tell me DETAILS
Determine the intensity of your involvementReview the products availableALLWAYS request a live trial
