3 Parts to Wealthwise

The Wealthwise® software consists of 3 parts;

1. Fact Find
2. Analysis
3. Recommendation Report

Fact Find

In order for an Advisor to be able to provide complete advice for their clients they must first collect all current financial information from the client. To make this easy for both the client and advisor Wealthwise® has created the Fact Find online for web based access.

The Fact Find is filled out by the client and will capture the following information:

1. Personal details
2. Income details
3. Asset & Entity ownership information
4. Debt information
5. Current bank accounts being used (not account numbers)
6. Needs analysis and insurance information
7. Current expenses
8. Goals

Analysis

All the information within the Fact Find transfers to the Analysis section of the software, there is no data entry required by the Advisor (unless you wish to add information).

The Advisor will access the Analysis online through web based access, review the client’s information and provide recommendations for improvements.

Report

Once the Advisor has completed their recommendations a Report will be generated for review. This will then be provided to the client as a record of their current financial position, the recommendations made, what their financial position could be, and what steps are required to be taken to achieve the results.