August 30, 2012
--- Raymond James Financial Inc. is offering advisers Goal Planning &
Monitoring (GPM), a financial planning software solution powered by
MoneyGuidePro. ---
The software is designed to make it easy for advisers to
develop retirement plans, and to foster collaborative interaction between the
firm’s advisers and their clients, according to Patrick Connor, senior vice
president, wealth management solutions. “It’s an elegant and effective tool
that enhances the close collaboration between advisers and their clients as
they work together to align financial decisions with their unique vision of
retirement,” Connor said.
The tool exemplifies the company’s commitment to
technology investments that support advisers as well as Raymond James’ emphasis
on financial planning as an integral part of a client-centric advisory process,
Connor said. “With GPM, advisers at Raymond James can create a living plan that
uses the client’s unique goals and priorities as the foundation of their
ongoing recommendations,” he said. “With a single click, they can revise a plan
with up-to-date holdings and values, making it more efficient to use in ongoing
client review meetings.”
GPM enables advisers to customize the level of planning
they do for each client in a streamlined workflow. A retirement analysis can be
created quickly with minimal data input, by integrating Raymond James client
information and through defaults. Business owners and executives can analyze
their retirement plans with a single click.
Plan results can be presented on an iPad, a monitor in the
adviser’s office, the firm’s Investor Access client site or in hard copy. Raymond
James will introduce GPM to all of its advisers and branches over the next
three months along with educational programs and hands-on training sessions.
Jill Cornfield