Sign up to receive exclusive monthly wealthtech insights and interviews from our Chief Growth Officer, Jack Sharry. SIGN UP NOW

MoneyGuidePro and LifeYield Integrate

By LifeYield | October 14, 2014 | News

Goals-based Wealth Management Planning Leader now Connected with Leader in Tax-Smart Implementation

Powhatan, Virgina and Boston, Massachusetts, October 14, 2014 – MoneyGuidePro®, a leader in goal-focused financial planning, and LifeYield, a leader in tax-smart household management and retirement income solutions, today announced the integration of their software. Advisors using MoneyGuidePro now will be able to move seamlessly from providing their clients robust goals-based financial plans to implementing those plans on a tax-optimal and ongoing basis. LifeYield’s capabilities will be incorporated into MoneyGuidePro’s planning platform, making it simple for advisors to offer enhanced outcomes to their clients with a higher likelihood of achieving their goals by being able to implement their plans.

“We work with some of the world’s largest financial institutions who are MoneyGuidePro users and advocates and they asked our two firms to provide an integrated solution,” said Mark Hoffman, LifeYield’s CEO. “MoneyGuidePro and LifeYield will now deliver robust, comprehensive Goals-based Wealth Management solutions to financial advisors and their clients. We couldn’t be more pleased to be working with MoneyGuidePro.”

With a focus on goal-based planning, MoneyGuidePro helps advisors actively engage clients by putting their needs, wants, and wishes at the forefront of the financial planning process. LifeYield optimizes the implementation of the plan by suggesting tax-smart management across a household’s taxable and tax advantaged accounts every time money is invested or withdrawn, or the portfolio needs to be rebalanced. According to research by Morningstar, this type of approach can add up to 180 basis points to annual after-tax returns. 1

“We have a strong working partnership with LifeYield, and are pleased to now offer enhanced capabilities to help financial advisors work more efficiently, accurately, and strategically on behalf of investors by being able to more effectively implement and achieve their goals,” said Bob Curtis, CEO of MoneyGuidePro.

Goals-based Wealth Management (GBWM) is a rapidly emerging category whereby financial advisors coordinate all of a client’s household assets in achieving improved outcomes and greater assurance goals will be achieved during accumulation, in transition, and throughout retirement when income is needed. GBWM seeks to manage all of a client’s various products, account registrations and income sources in a tax-optimal way with the clear objective of improving outcomes.

1Alpha, Beta, and Now…Gamma, by David Blanchett, CFA, CFP, Head of Retirement Research, Morningstar Investment Management and Paul Kaplan, Ph.D., CFA, Director of Research, Morningstar Canada (2013).

About MoneyGuidePro:
MoneyGuidePro, developed by PIEtech, Inc., is the industry’s leading financial planning software. MoneyGuidePro makes powerful, profitable planning easy, allowing financial advisors to help more clients achieve their financial goals. MoneyGuidePro provides college, retirement, estate and Social Security planning, investment and insurance needs analysis, technology integration and account aggregation. For more, visit
About LifeYield
LifeYield (, creators of the Taxficient Score®, is the industry innovator and leader in facilitating tax-smart, risk-smart household portfolio management. LifeYield's Advantage Suite® enables financial advisors to provide a comprehensive, tax-aware view of a client's entire investment and insurance portfolio, including easy-to-use tools to engage clients so they make and keep more money, and achieve their financial goals.
Based in Boston and founded by finance and technology industry leaders, LifeYield believes that by leveraging digitally enhanced advice advisors can improve investor outcomes and enhance the value and experience of support goals-based wealth management strategies.
For more information, please visit