WealthStation

Solution introduction

Solutions for enhancing the customer experience

Wealth firms are finding that they can garner more wallet share and greater client retention from customers that have a financial planning experience. As more investors are looking for professional guidance, they are also re-defining how they want that advice delivered. To accelerate growth in a competitive environment, firms are focusing on differentiating themselves by driving a better client experience to attract, grow and nurture client relationships.

FIS' WealthStation is a comprehensive suite of tools that provides simple to complex financial planning for advisors. Available modules cover more than 20 financial planning concepts, and includes both goals-based investing and goals-based planning tools.

Headquarters Location

Jacksonville, FL, United States

Main Telephone

+1 904 438 6000

Main Email Address

getinfo@fisglobal.com

Features

To be successful, firms depend on growing assets by acquiring new clients and engaging their existing clients in innovative ways. In order to do this, they need to be able to provide top service in the most efficient and cost-effective way. Frirms that collaborate with their customers, through multi-channel delivery, are best positioned to engage customers in holistically planning their financial futures.

WealthStation is an enterprise financial planning solution that includes:

  • Simple to complex financial planning for advisors, including goal-based investing
  • Calculators available for online access by customers
  • Modules covering more than 20 financial planning concepts, from single-issue goal-based planning to comprehensive lifetime cash-flow planning

Benefits

  • Helps increase advisor efficiency with integrated financial planning and asset allocation capabilities
  • Designed to meet the unique needs of varying firm sizes and advisor experience
  • Provides simple to complex financial planning that meets the needs of both the advisor and the client
  • Builds trusted relationships by delivering information and advice on the client’s terms

Latest Developments

Goal-based planning tools assume that all goals are subject to the same risk tolerance and model portfolio – rather than account for customers’ changing goals and situations. FIS’ new WealthStation CorePlan product for goal-based investing combines goal-based investing, goal prioritization and probability-based analytics into one easy-to-use financial planning process. Whether single-issue or comprehensive planning, CorePlan uses multiple concepts and unique risk tolerances/capacities for each goal to assign the appropriate model portfolio.

CorePlan guides advisors to the model portfolio best suited to achieve each client goal, enabling specific accounts to be assigned to specific goals and/or share funding across multiple goals – while still prioritizing which goal has first access to the account, with assigned accounts assuming the model portfolio assigned to that goal. CorePlan fully integrates asset allocation and financial planning capabilities into one streamlined platform. It also enhances the client experience by enabling clients to aggregate their assets online so advisors can quickly and efficiently create financial plans.

By refocusing their approaches to funding client goals, and reducing impulsive decision-making and overreactions, CorePlan gives advisors what they need to help customers save for goals in advance (and achieve them), which bolsters client engagements over the long term.

Key Data

1982
Year launched
  • Subscription
  • Fixed Rate
PRICING
51-100
WEALTH MANAGEMENT CLIENTS
1000+
WEALTH MANAGEMENT USERS
None
Release Frequency
Type of Clients
  • Broker-Dealer
  • Global Private Bank
  • Independent Financial Advisor
  • Local Private Bank
  • Multi-Family Office
  • Regional Private Bank
  • Registered Investment Advisor
  • Single Family Office
  • View Others View Less
Client Regional Presence
  • North America

WealthStation

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