In this technological era, software is driving improvements in the way we manage just about everything, from healthcare to social connections. Working with a modern financial advisor who’s playing with a full deck—utilizing advanced software and tools to help you manage your wealth and assets—gives you a significant advantage in working toward your financial goals.
A modern advisor with a robust financial technology toolkit is your secret weapon in wealth management. From delivering detailed insights on market trends and risk management to developing beneficial tax strategies, discover the benefits of choosing a forward-thinking financial planning partner to achieve true financial independence.
The Modern Advisor
The financial advisor role continually evolves, and wealth management is one area where you can’t afford to stagnate. From the no-holds-barred advisors of the 1980s to the highly regulated and client-focused advisors of the modern day, it’s never been more important to seek out a forward-thinking financial consultant to develop winning wealth management strategies.
The modern financial advisor integrates powerful tools and advanced software solutions to deliver data-driven insights and algorithm-based forecasts. Working with a modern advisor helps you prioritize your holistic financial health—tax optimization, retirement and estate planning, investments, and more.
How does technology enhance the services offered by financial advisors?
The modern advisor’s tech-driven approach makes it possible to instantly merge and analyze thousands of data points to develop tailored, holistic financial strategies that align with your goals. Look for an advisor who takes the time to understand your objectives and uses industry-leading software and tools to shape your wealth management goals into practical, workable strategies.
Investing, Insuring, and Financial Planning
Properly harnessing the power of financial technology is the difference between a good advisor and a great one. At MyStages®, our financial planners utilize a collection of software platforms to deliver tech-driven insights into every sector of wealth and asset management: financial, Social Security, and tax planning, risk tolerance, retirement, and investment.
The Role of Technology in Financial Advisory
Smart financial planning feeds on data and analytics—from your accounts and in the broader financial landscape. Robust financial software is a game-changer in identifying what’s high-risk in your portfolio, what’s likely to produce the best returns, what you can expect in the future, and what steps are required to achieve your financial goals.
What types of financial planning software do financial advisors use?
- eMoney Advisor (Financial Planning): A robust financial planning software package that shows all your accounts as one coherent plan for a bird’s eye view of your finances
- Nitrogen (Risk Tolerance): Analyzes your comfort level with investment risk and the risk of your current investments, identifying one number to align them all with precision
- Holistiplan (Tax Planning Strategy): Identifies specific tax saving opportunities and a workable strategy based on your tax return
- Maximize My Social Security (Social Security): Provides a comprehensive, optimized benefit-claiming strategy based on your preferred inputs
- NextPhase (Retirement Income): Simply and elegantly maps out a tailored retirement income program for the duration of your life to build a secure financial future
- Morningstar (Investment Quality): Industry-leading, impartial analysis of investment funds to help ensure the funds driving your financial position are vetted and high-quality
By integrating each of these advanced analytical tools, MyStages®’ modern advisors can provide clear insights into market trends and risk management. Armed with data points and years of financial prowess to seamlessly knit them together, modern advisors can highlight the best path forward in helping you pursue your financial goals.
Benefits of Partnering with a Technology-Savvy Financial Advisor
The ability to tap into market trends and risk assessment insights, global data, and accurate projections makes it hugely beneficial to work with a modern financial advisor who utilizes advanced technology.
An advisor who can develop tech-driven, tailored investment strategies is always better able to engage with clients to create forward-looking strategies that take your personal goals and risk tolerance into account.
Peace of Mind through Technology
Partnering with a modern financial advisor can help you apply the power of industry-leading technology to your accounts, tax strategies, and investments for a brighter financial future. Don’t settle for stagnant financial firms and miss the opportunity to maximize your assets with robust data and insights at your fingertips.
At MyStages®, we combine expert financial guidance using purpose-specific technology to provide you with personalized solutions tailored specifically to your unique goals and circumstances. Contact us today.
