Goals-based Wealth Management Planning Leader now Connected with Leader in Tax-Smart Implementation
“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
“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
1Alpha, Beta, and Now…Gamma, by David Blanchett, CFA, CFP, Head of Retirement Research, Morningstar Investment Management