Planswell improves its free financial planning software

TORONTO, January 12, 2022 /PRNewswire/ — Planswell, the financial planning company offering free, personalized financial plans to consumers in less than three minutes, today announced upgraded features for advisors using its software for free. Advisors can now help clients plan for big spending goals like a dream vacation, as well as factor in big cash flow events like an inheritance, with the impact on retirement fully reflected in the plan.

“Our experience in financial planning for consumers and advisors is growing at a rapid pace,” said Scott Wetton, Chief Executive Officer. “Planswell’s new cash flow lens and functionality determines the kind of value advisors want to deliver to their clients.”

The enhancements allow customers to add savings goals to their overall plan for specific spending events such as elective surgery or a dream vacation. Goals are integrated with the retirement planning engine, so the impact on retirement is reflected and the adaptive engine will find solutions with the considered goal.

“Consumers can now approach their advisor with the question, ‘Can we afford it?’, and the advisor can instantly show them how to make their dreams come true,” says the CEO. Eric Arnold.

Similarly, one-time cash events (deposits or withdrawals) are instantly integrated into the client’s plan, providing the flexibility needed to manage life’s vagaries.

After investing over $20 million to build its unique customer-driven planning engine, Planswell has revolutionized customer prospecting and onboarding by making its software completely free to both sides of the market by December 2021, boosting activity by more than 25% in just two weeks. The end client can build a comprehensive financial plan from their mobile device in just three minutes – including mortgage, debt, investment and cash flow considerations – which is immediately available to their advisor.

In addition to Planswell’s proprietary financial planning software, the company offers highly rated training and support for advisors, a popular CRM, one-stop link for plan development, peer leadership and a robust library of resources. self-guided, all now available free of charge to qualified advisors. costs. Advisors accepting new clients will also be able to opt into Planswell’s client matching service on a monthly basis to achieve their growth goals.

About Planswell
Planswell is a free financial planning service that allows users to create a financial plan through a series of questions in less than five minutes. Planswell Advisor Partners receive training, software and leadership from their peers, with the opportunity to receive exclusive leads in their state or province. Currently active in United States and Canada, Planswell has created over 400,000 free financial plans to date and served over 2,000 financial advisors. To learn more, visit planswell.com.

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Eric ArnoldCEO

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SOURCEPlanswell