On July 23, 2024, the team at Snap hosted this CE-accredited financial planning webinar that had 370 Financial Advisors & Planners register to attend. Live attendance was required to be eligible for the CE Credit.
You can watch the replay here.
Canadian Financial Advisors, Planners, and Investment Managers are eligible to start a 14-day Free Trial of Snap Projections financial planning software.
Let’s start with discussing the current problems with advice delivery
The reports generated by financial planning software are too long.
Even though Snap’s comprehensive reports are client friendly and easy to understand, the reality is that for many clients, even a 5-page report is still too long.
When clients can’t see the information they care about the most on a single page, the message often gets lost.
So the first problem here is that the client isn’t getting what they need from the current reporting experience.
And this is happening across the board, regardless of which planning software you are currently using.
The second problem is that as a solution, many Advisors are spending hours upon hours building customized reports in-house to provide their clients with the type of report they want.
Many of you have told us you’ve had no choice but to resort to using Canva, PowerPoint, Google Slides, Google Sheets or Microsoft Word to build your own one or two page report summaries. and this is after ALL the plan building work you’ve already done.
In this case, no one is winning. Either the client doesn’t get the information they care about, or the Advisor is using up valuable time and resources building customized short reports.
We’re going to show you a better way.
This is about transformation. It’s about providing a modern, highly personalized planning experience to your clients in LESS time.
Advisors already using Snap are telling us that this is now so fast they are able to create a SnapShot between client meetings. They’re also saying that their busy, high net worth clients are absolutely loving the one-pager because they are simply too busy for anything more.
Advisors are saying that because of SnapShots, they are saving at least 45 minutes to an hour every single client meeting because they no longer have to build a customized report after the projections have been created.
This problem hasn’t been solved previously because of the sheer challenge that comes with building something that is both customizable and time saving.
What matters most to each client is totally unique so a cookie-cutter solution will never be adequate.
During the session, you can see in real-time how the automated, dynamic templates that use plan variables work.
The 3 most common use cases for the SnapShot report.
- You can create a stand-alone client deliverable, meaning the SnapShot becomes the client-facing report.
- You can use it as a template for your annual or quarterly reviews.
- You can use it to create an executive summary to the full, comprehensive report.
When you’re deciding which option will make the most sense and provide the best client experience, there are 3 questions you can ask yourself for some direction.
- What questions am I trying to answer for my client? What do they want to know?
- How detail-oriented is this client? How much information will they want and be able to digest?
- How complex is this case?
Download a copy of the one-to-two page financial plan report summaries here to see the real example of all 3 use cases.
Canadian Financial Advisors, Planners, and Investment Managers are eligible to start a 14-day Free Trial of Snap Projections financial planning software.
