When you have a job to do, the right tools can make a big difference. This is the same in the financial services industry. We have a job to do and having the right tools makes our job much easier. In this post, I’ll provide an update on the tools I have recently added and discuss how they are helping me do what needs to be done.
I have to confess, it took a long time for me to switch from the financial planning tool I had developed to an off-the-shelf product. Years ago, I couldn’t find much which was compelling enough for me to change. I found my planning tool was much better in most respects.
Today, all that has changed.
Since I’ve added eMoney, I can already see how much easier it will be to conduct business. This system is integrated with my custodian, TradePMR, which means I can easily import my clients’ account data into the system. That’s where I stand at the moment.
After I have imported all account data, I will establish a link between my clients outside assets and liabilities (i.e. mortgage, bank accounts, etc.) and eMoney. Then, I will enter additional information such as date of birth, personal goals, income sources and amounts, etc. and plan updates will be much easier. I’m really looking forward to the future with eMoney.