Company Founded: 1969, Milwaukee, WI
Narrator Clients, specifically its Financial Profile fact finder
April 7, 2017
Questions for Company:
What Does it do?
The Financial Profile fact finder within Narrator Clients is a client-facing data collection tool that allows clients to link credit accounts, brokerage accounts, banking accounts, assets, liabilities, insurance, and retirement accounts. The fact finder guides clients through the data entry process through an easy-to-understand, intuitive user experience beginning with household demographic information and following through to assets and liabilities. Then, the client is able to enter incomes and expenses, followed by insurance information before outlining their financial goals. Finally, the client is able to review the entirety of the data they entered before submitting their Financial Profile. After reviewing, the advisor can then upload this information into a financial plan and provide recommendations regarding the client's financial future.
How will your product or service advance the wealth management experience or industry?
With the Narrator Clients Financial Profile fact finder, advisors save time by reducing repetitive data collection and data entry and provide clients with a simple, interactive data-capturing experience. Clients can enter and submit their financial data to NaviPlan offering advisors the ability to manage their financial profiles, review their data, and transfer it to a new client plan. By facilitating a rapid onboarding experience through fact finder tools, advisors will spend less time on administrative tasks and more time focusing on tasks that increase revenue for the firm while clients enter information quickly and securely. Firms benefit from more efficient planning workflows, as well as more productive client-advisor meetings. Interactions that are more productive empower advisors to maximize efficiency while minimizing repetitive tasks.
What makes it better than all its competitors?
Narrator Clients powered by NaviPlan has several functionalities that make it stand out amongst the competition. With its best-in-class user interface and user experience design, Narrator Clients empowers a collaborative, transparent client-advisor relationship through account aggregation provided by Quovo, digital data collection, and ongoing support with constant access to goal progress and plan information. Additionally, Narrator Clients is the only client portal available that integrates with NaviPlan the longest standing financial planning software with decades of industry knowledge and experience poured into its industry-leading calculation engine. Advisors are enabled to better assist clients in reaching their goals and gain deeper, more holistic insight into the client's financial situation by completing an anlysis based on their Financial Profile, goals, and cash flow.
Five word mantra or summary?
Understand and impact financial futures
SVP, Product and Technology
Privately owned by Vista Equity Partners
Vista Equity Partners