During this 60-minute financial planning webinar, Canadian Advisors are learning how to compare options and optimize client outcomes.
Top 6 financial questions clients have
The focus of the session was to address what research indicates are the top financial questions your clients want answers to:
🧐 How long will my money last / Am I going to be okay?
📈 How much can I spend so I won’t run out of money?
👵🏻 When should I take my government benefits?
💰 Which of my assets should I spend first?
📊 I’m currently saving $$. Will it be enough?
👫 How much will be left after taxes for my beneficiaries?
Watch the financial planning tutorial
Financial Planning challenges
Why aren’t more Advisors doing MORE planning?
Here’s what Advisors tell us:
- Data entry takes me too long. It can easily take hours or even days to collect the information from clients and enter it into a planning platform.
- It takes me hours to develop the projections. One plan alone can take 10 to 15 hours and that just isn’t scalable or practical.
- My clients don’t want or understand complex 50-page reports. Their eyes glaze over.
- I can’t run quick what-if scenarios with a client in real-time. Often, the adjustments and discussions throughout the planning process turn into multiple back-and-forth meetings that essentially burn the clients out and cause them to lose interest.
How does Snap eliminate these financial planning challenges?
Data entry does not have to be a problem for you anymore.
Snap is going to provide you with a questionnaire that simplifies the data collection process, ensuring you get the information you need, plus provide you with a streamlined process to quickly and effectively enter your data into the software.
It should not take you hours and hours to build simple plans.
With Snap, you can build a basic plan in less than 20 minutes.
What good are your reports if you clients can’t understand them?
Snap provides you with clear, engaging reports that have been designed for your clients. You have numerous options to choose from to ensure a highly personalized presentation, but what we’ll focus on today is the 1 page SnapShot report summary.
Building out multiple what-if scenarios should not be a cumbersome process.
It should be simple and easy enough that you could do it with your clients present if you wanted to. With Snap, you can build multiple what-if scenarios in real time. A few clicks, a few seconds, that’s it. You can compare up to 5 scenarios on one page, which is exactly how you can prove your value as an Advisor.
Why Advisors choose Snap Projections over other alternatives
There are many Snap users who have come to us after struggling with other software, NaviPlan and Razor in particular. These are the 4 things they all say keep them using Snap.
Number one is transparency.
When you need to explain something to your clients, you need to first be able to understand it yourself. I talk with Advisors all the time who tell me that if they cannot see how the numbers are being calculated, they feel uncomfortable presenting the plan to their clients.
Next comes flexibility, customization and control.
Without that, you can’t model your clients’ lives accurately or make the plans truly personal.
Next, Snap is easy to learn, and easy to use.
Lack of ease of use is one of the biggest barriers to software adoption. If it’s hard to use or the learning curve is steep, no one wants it. There are no barriers to getting started. You simply sign-up online, gain instant access, and get to work with an intuitive program.
Last, but certainly not least, comes customer support and service.
If you’re not using Snap, I’d encourage you ask your Colleagues what their experience working with our team has been like and I’d also encourage you to compare our response times with your current provider. Our team will also screen-share with you over Zoom or Teams—this means you’re not stuck emailing screenshots back and forth, waiting for answers, when you have a client meeting that same afternoon.
