Webinars With Industry Experts

Limitations Of Popular Financial Planning Software Applications For Professionals

Today's financial planning software for professionals improves on the advice you can give instead of relying on Excel spreadsheets and heuristics like the "4% rule," but even these highly sophisticated apps have serious limitations that fiduciaries need to be aware of and address.

This presentation will take you under the hood of popular goal-based planning software and to expose important factors affecting the efficacy of retirement and other goal-based plans, and provides a framework for determining whether an app is a good fit in a fiduciary’s practice.

At this session, you'll learn about:

• Published research on planning software limitations
• Common simulation methodologies
• Common sources of errors
• Explicit versus implicit mode assumptions and disclosures
• Algorithmically optimal versus practical
• Choosing software best for your practice

If you like A4A's continuing education sessions, you may be interested in a 30-day free trial of a platform for collaborating with financial and tax planning guru, Bob Keebler, CPA/PFS, portfolio design expert Dr. Craig Israelsen, and independent economist Fritz Meyer.

To start your free trial, sign up for an account. After verifying your email address, click here for instant access.

J.R. Robinson is the co-founder of software maker Nest Egg Guru and the owner of Financial Planning Hawaii. His commentary was featured in the Journal of Financial Planning's January 2017 Tech Roundup, and Nest Egg Guru has been featured in Advisory Quest, in Financial Planning Magazine, and on Bill Winterberg's FPPad. He and Nest Egg Guru co-founder, Prof. Jack DeJong, Jr., have published a number of award-winning papers on retirement income sustainability. Their most recent work, "The Determinants of Nest Egg Sustainability" was a Finalist in the 2016 Journal of Financial Planning Academic Research competition.


This webinar is eligible for IMCA® CE, PACE credit toward CLU® and ChFC® designations and live CPA CPE credit.

Questions?

How and why does the Advisor Products system work?

In today’s times, when consumers have become more demanding and tech-savvy, financial advisors must use content marketing to attract, inspire, engage, and convert their prospective customers.

A good content strategy is focused on developing and distributing consistent, valuable content to engage and retain prospective customers and target audience, via your website. Our content library provides financial advisors with fresh, high-quality financial content that is updated regularly, improving SEO along the way. And our automated e-newsletter and social media tools allow advisors to reach out to clients and prospects in an easy-to-use manner, providing frequent touch points for optimal brand building.

  • Differentiate you from competitors
  • Expose clients and prospects to your brand message more frequently
  • Build an ongoing relationship with customers
  • Increase your follows and fans on social media
  • Drive more prospects to your website
  • Help convert prospects into leads
  • Increase number of pages indexed in Google
Please fill the required field.
Please fill the required field.
Please fill the required field.
Please fill the required field.
Please fill the required field.
Please fill the required field.
Please fill the required field.

Seeing is Believing.

See how easy it is to get started with our all-in-one digital marketing platform that drives leads, encourages referrals and increases client engagement.

 

SCHEDULE A DEMO