FinMason has rolled out the Five-Minute Financial Plan on the client portal of Orion Advisor Services, a portfolio management solution for registered investment advisers (RIAs).
The financial planning tool enables advisers to share their clients’ five-minute financial plans inside the client portal, so that clients can check in at any time to see if they are on track. Clients can also see how changes to their plan could result in improved outcomes. Whenever a client accesses their plan in the portal, advisers are notified.
“Our advisers are constantly looking for ways to engage clients and prospects in meaningful conversations that are timely, relevant and dynamic,” says Eric Clarke, chief executive officer of Orion Advisor Services. “The interactive planning capabilities of FinMason help advisers bridge a gap between a client’s investment portfolio and their long-term goals around retirement income, savings and longevity risk.”
Kendrick Wakeman, chief executive officer of FinMason, says advisers “need to make their day more efficient and service more clients in a deeper way.”
“By allowing clients to access their plan directly, advisers can have those value-added conversations exactly when they are needed,” he adds. “It helps scale their business while improving client service.”