Summary
Timeline Planning is a next-generation cashflow modeler and financial planning tool for financial advisors.
Historical Scenarios: Trust your advice. Enhance financial plans' accuracy and reliability using over a century's historical economic data.
Stress-Testing: Identifies potential risks in retirement plans, ensuring clients' financial stability.
Personalized Financial Planning: Facilitates the creation of financial plans that accurately reflect clients' needs, goals, and risk tolerance.
Efficiency and Integration: Streamlines workflows and enhances portfolio management accuracy through integration and automation with providers such as Transcat, Nucleus, iO, and more.
Client Engagement and Transparency: Fosters client engagement and strengthens advisor-client relationships through dynamic and visual financial journey representation.
Effective Decision-Making and Risk Management: Provide actionable insights for monitoring client outcomes, adviser's performance, and compliance using our risk profiling tool.
Description
In the dynamic world of financial planning, having a tool that can accurately model and predict financial scenarios is invaluable. Timeline Planning is a next-generation software designed specifically for financial advisors who want to leverage rigorous academic evidence over a century's market data to help their clients' money last longer in retirement.
What is Timeline Planning?
Timeline Planning is a cashflow modeler and financial planning tool that uses historical economic data to create scenarios based on income, spending, contributions, and more. It's designed to help advisors apply the science of retirement to plan, monitor, and enrich their clients' retirement journeys.
The software uses extensive historical returns and longevity data from 1915 to explore how retirement income strategies fare under various market conditions. It's a tool that provides robust modeling and offers a range of features that set it apart from its competitors.
Key Features
Robust Modelling: No more straight-line projections and assumptions. Timeline Planning provides advisors with a reliable and accurate tool for stress-testing their clients' retirement plans, helping to ensure financial stability and peace of mind. Timeline Planning applies over 100 years of empirical capital market data to accurately account for key decumulation risks: sequence risk, longevity, and inflation.
Tax Modelling: Simplifies the complex task of tax planning, allowing advisors to optimize their clients' income and capital gains tax across multiple accounts and income sources. This feature automatically models the impact of Income and Capital Gains tax across multiple accounts and income sources, including the state pension, annuity, DB pension, and drawdown, as well as ISA and GIA.
Livetrack: Offers a dynamic and visual way for clients to understand their financial journey, fostering trust and engagement between advisors and their clients. This feature helps financial planners and their clients visualize how their retirement journeys evolve over time. It tracks real-time portfolio balance, withdrawals, and asset allocation and uses this to stress-test the sustainability of the retirement plan every week.
Integration: Timeline integrates with major CRM/Back Office and platforms including Intelliflo, IRESS XPLAN, Transact, Nucleus, and 7IM.
Investment Mapping via Morningstar API: Automates mapping portfolio holdings to the appropriate asset class, ensuring accurate and efficient portfolio management. This feature allows advisors to input the real portfolio holdings (ISIN or fund name search), and Timeline Planning automatically maps to the appropriate asset class based on Morningstar Categories.
Fact Find: Facilitates the collection of comprehensive client information, enabling advisors to create personalized and effective financial plans that meet their clients' unique needs and goals.
Risk Profile: Assists advisors in accurately assessing their clients' risk tolerance, ensuring that financial plans align with clients' comfort levels and financial goals, and promoting client satisfaction and trust.
In conclusion, Timeline Planning offers a range of benefits that enhance the efficiency and accuracy of financial planning and foster stronger relationships between advisors and their clients. It's a tool designed to empower advisors to deliver the best financial planning service.