By stress testing financial plans, Financial Advisors can help retirees identify potential risks, make informed decisions, and optimize their financial strategies to achieve their objectives and maintain financial security in retirement. Here are 6 of the top reasons...
Let's begin by discussing the underlying reasons for financial planning. Although we recognize its benefits for clients, it's important to consider the genuine value of implementing a financial planning process for you and your practice. It's widely understood that...
As Canadian retirees approach age 72 and have investments in a Registered Retirement Income Fund (RRIF), they are required to withdraw a minimum amount each year. However, some retirees may consider withdrawing more than the minimum and starting earlier in order to...
As a Financial Advisor, you likely already know how beneficial financial planning is for the client. Financial planning helps to create the foundation for a strong client-advisor relationship. It builds trust. That trust makes it easier to deliver financial advice and...
Corporate-owned life insurance can be used as a tool not only to build wealth, but as an effective way to tax-efficiently transfer that wealth to beneficiaries. Corporately-owned life insurance policies can provide numerous benefits to business owners,...
Do you have clients who don't see the value in planning? When your clients don't think they need a financial plan and you're having a hard time articulating the value, what can you do to help them understand? Learn what strategies 4 top Advisors are using with great...
It's never been easier to provide tremendous value to your corporate financial planning clients. Snap now enables the modelling of corporate Whole Life and Universal Life policies within its Corporate module, including the impact on the organization's CDA...
We recently surveyed Snap users to get a better understanding of how financial planning software has benefited and grown the financial advisory practice. The responses were meaningful and impactful – so much so that we wanted to put together essentially a guide for all Canadian Financial Advisors who seek to grow their practices through effective financial planning.
We know that right now inflation, interest rates, talk of bear markets, and declining portfolio values are top of mind for nearly all Canadians — in particular, those who are either approaching retirement or are already there. Our users have been telling us that they...
As a Financial Advisor, you already know that your clients continue to demand more value in each and every client meeting. To facilitate this, Advisors rely on information, speed, and simplicity from their financial planning software during retirement planning...
As you help your clients work through the many stages and phases of retirement income planning, financial planning, and creating long-term projections, the importance of tax planning undoubtedly remains a top priority and focus throughout these discussions. Whether...
Welcome to Snap’s first ever user spotlight! Today, we’re doing a deep-dive with Renee Hawk. You can download the full case study down below if you want the numbers and business impact information. Let’s start with some questions.