Comprehensive financial planning is an approach to planning that takes a comprehensive view of a client's financial picture, including insurance, investments, banking, and trust and estate planning. With comprehensive financial planning, financial advisors aggregate assets onto one platform, from which they can plan and manage their client's wealth. The benefits of comprehensive wealth planning are that it allows the financial advisor to create more complete, comprehensive plans and, therefore, better serve the client.Back to top
eMoney 360 and eMoney 360 Pro’s Needs Analysis Tool allows a user to assess any 1 of 13 key areas of financial planning for their clients; Accumulation Analysis, Annuity Income, Asset Allocation, Asset Protection, Business Insurance, Disability, Education, Estate Planning, Financial Statements, Human Life Value, Life Insurance - Needs, Long Term Care and Retirement.Back to top
eMoney’s software solutions allow advisors to maximize the potential of each client - from both a service and revenue standpoint. eMoney 360 Pro gives advisors the tools needed to proactively manage their client relationships by identifying strengths and weaknesses in asset allocation, keeping accounts up-to-date, and monitoring significant changes in their client's portfolio. The interactivity of the platform allows the advisor to build the financial plan together with the client, providing immediate results and, therefore, shortening the sales cycle.
The intuitive, easy-to-use platform interface can be configured to meet the unique requirements of high-net-worth clients. Clients can monitor their portfolios, view balances, run "what if" scenarios and communicate directly with their advisor through their personal financial homepage. As a result, advisors that use the system project an organized, polished and professional image to their clients, which translates into higher planning fees and greater assets under management.Back to top
eMoney 360 pairs needs analysis with a complete client experience. The system utilizes best of breed technology to reduce the amount of time that advisors spend servicing accounts – sending notifications and dealing with paperwork – so they can focus on providing advice to clients. This streamlined functionality actually makes it perfect for handling more accounts, since they often require just as much time for administration as those of the high net worth clients.
eMoney 360, brings much of the same robust functionality available in eMoney 360 Pro to a mass-affluent or middle-class audience. This system is ideal for financial advisors who are transaction-based or for stockbrokers, attorneys or CPAs wishing to enhance their client relationships by offering basic financial advice.Back to top
Some of eMoney's key clients include Massachusetts Mutual Life Insurance Company (MassMutual), Century Business Services, Inc. (CBIZ), First Commonwealth, Ameritas/Acacia, New England Financial, Principal Financial Group and Union Central, The Guardian, New York Life among others.Back to top
Account aggregation is a process that updates liabilities and investment account balances and holdings on a nightly basis. The updated account information is automatically uploaded into a client's financial plan and can be used to identify issues and service clients proactively through advisor alerts and system generated recommendations.Back to top
Yes, eMoney’s Data Entry can assist you with case entry. Available to enter one case or many, the Data Entry team can provide you with administrative support in scanning and uploading documents to the Vault and setting up client’s home pages.Back to top
Both eMoney 360 and eMoney 360 Pro are comprised of the following features:
• Customer relationship tools
• Needs analysis and
• Portfolio management tools
Additionally eMoney 360 Pro has advanced planning features for those advisors who perform comprehensive financial planning.
The interactive platform provides alerts and alarms; aggregation and customized reporting capabilities; and an online storage capability that enables advisors to help their clients keep track of valuable documents, such as wills, insurance policies, and property titles. In addition, a Client Profile Grid highlights areas of concern or opportunities across the entire client portfolio, enabling users to position themselves as the primary, trusted advisor.Back to top
The licensing fees for eMoney 360 and eMoney 360 Pro are extremely competitive. Please contact a sales representative
for more information.Back to top
eMoney's hosting infrastructure has been designed to support an application service provider (ASP) model with the highest level of security, and backup disaster recovery to protect you and your clients' information. To ensure the security of our financial advisors' and their clients' information, eMoney employs a multi-layered Internet Security technology with the latest intrusion prevention technology and maintains a state-of-the-art physical security facility with multiple access security checkpoints to reach the physical equipment hosting the application. eMoney ensures that customer credentials that have been submitted into the system are classified as Super Sensitive information and that all customer data, including Client User IDs, and third party usernames, pins and passwords, and all of the third-party customer information is always transmitted in 128-bit encrypted format. All customer data is stored in a segmented and secure database for each Enterprise Client.Back to top
eMoney Advisor offers attractive Enterprise Solutions for corporate financial services companies that want to introduce the eMoney system across its organization. Please contact a sales representative for more information.Back to top
AdvisorMarketing is designed to help advisors better market and sell their wealth management services, resulting in increased wealth management/planning fees and greater assets under management. These marketing tools include customized CDs, brochures, Web links and on-site sales and marketing training sessions.Back to top
Users can get access to the eMoney site via an assigned User ID and Password sometimes within 24 to 48 hours of receiving the user agreement and payment. The processing time varies depending on enterprise size and the number of individual licensees, as well as due to other client-specific requirements and customization. Please contact a representative for more information.Back to top
ASP stands for Application Service Provider. Our system is an ASP because it is hosted on its secure hosting partners' servers within its own state-of-the-art facilities. The benefit of an ASP model is that it doesn't require an up-front investment and it can be implemented quickly and easily. The advisor client doesn't have to worry about the cost of ownership, maintenance, implementation, security, back-ups or upgrades throughout the life of the product.
Another benefit of the ASP model is 24x7 access for both your advisors and their clients to tools, reports, presentations and their personal vault from any location with Internet access.Back to top
Since eMoney Advisor uses an application service provider (ASP) model, installation is very quick an easy. For most clients, users can get full access within a few days.Back to top
Monte Carlo Simulation is a computer-generated statistical equation used to calculate the uncertainty in a forecast of future events. Instead of using a single value for each variable in a model, it uses many values from historical data and therefore can more accurately illustrate volatility and risk. It is used to provide a more accurate projection of financial needs because it factors in fluctuations in the stock market. The US Government originally developed the Monte Carlo Simulation to predict outcomes of war. It was nicknamed "Monte Carlo" after its similarities to games of chance found in gambling casinos.Back to top
The efficient frontier theory considers a universe of risky investments and explores what might be an optimal portfolio based upon those possible investments.Back to top
eMoney Advisor understands the value of your clients' privacy. In accordance with that, we hold the security of our clients' personal data in the highest regard. We have designed and deployed a state-of-the-art system to protect your information.
Highest Standards of Confidentiality: We maintain your clients' personal data with security and confidentiality. When information is sent to us via the eMoney Advisor web site, we establish a secure session via an encrypted technology, which prevents unauthorized persons from viewing any such information. We restrict access to the personal data of our clients to those employees who need to know that information to provide products or services to you. Personal Information Collected: Customers of the eMoney Advisor Application (Advisors) will be using our web site to host data and information to support the generation of financial, retirement and estate plans for their clients. Their clients' data collected is necessary to support the planning process. The data collected from their clients will include, but not is limited to, name, address, phone number, social security number, and information required to calculate a net worth statement.
All users (advisors and clients) must change their passwords the first time they attempt to log in. The logon screen will provide fields for users to supply an email address (if one has not been previously entered) and a response to a new Security Question. eMoney will use the security response to validate a user’s identity in the event of a forgotten password and then email the user a new, temporary password which the user must change when logging in to a password only he or she knows.Back to top
eMoney enrollment can currently be paid for via VISA, Master Card, American Express, Discover or by check.Back to top