Account Aggregation

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.

 

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.