Financial planning technology is taking center stage as eMoney announces a new product for financial advisors. eMoney has announced a new product called CoPlanner financial planning. The new product is aimed at assisting financial advisors in creating quality financial plans within a short time. The company developed a financial planning product aimed at enhancing efficiency in financial planning. Financial planning for a financial advisor is a time-consuming activity that requires creating quality financial plans. However, data analysis is a challenge that makes financial planning a time-consuming activity.
“Planning drives growth, but the process can be time-intensive,” said Chad Porche, SVP of Product at eMoney. “CoPlanner compresses the analysis into seconds. Advisors remain in control of every input, every assumption, and every decision from generation through final plan delivery.”
CoPlanner Enhances Efficiency for Financial Advisors
Therefore, eMoney created CoPlanner. It helps in solving the problems facing financial professionals. It does this through the use of technology. It can analyze client information in an instant. Hence, financial advisors can prepare a financial plan in seconds. It also connects with the eMoney financial planning ecosystem. Therefore, financial professionals can use existing client information. Hence, professionals can offer personalized financial planning recommendations in a quick manner. It helps financial professionals during client meetings.
For instance, professionals can update financial plans in an instant. Hence, clients get a clear understanding of financial decisions during crucial moments. It helps financial professionals be more effective in their work. Professionals no longer have time to concentrate on calculations. Hence, professionals can focus on guiding clients through financial decisions. Chad Porche, eMoney’s Chief Technology Officer, highlighted the impact of CoPlanner on financial planning. It may change the face of financial planning in the future due to fintech advancements.
“Advisors don’t need more complexity. They need planning tools that work at scale,” Porche added. “CoPlanner redefines what’s possible with planning, strengthening the core planning experience inside eMoney and allowing advisors and firms to deliver consistent, high-quality plans across their client base without increasing workload.”
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News Source: PRNewswire.com
