April 2024 Product Update
This month we’re taking a look at Drafts and some minor updates to our integrations access page! We also have a new setting available for our Firm and Enterprise-level customers to help you manage individual and default customizations for your team.
Full Transcript:
Welcome back to Asset-Map Product Updates — a monthly series highlighting the latest innovations we’re releasing on our platform, helping you take advantage of all our great features.
This month we’re taking a quick look at Drafts, some minor updates to our integrations access page, and new settings available for our Firm and Enterprise-level customers to help you manage individual and default customizations for your teams.
Let’s dive in….
Drafts is a recent feature release that enables you to visually illustrate proposed changes to a client’s Asset-Map Report without impacting the original household data.
Right-click on the Asset-Map Report to place it in Drafts mode, and then you’re able to create new, alternative Asset-Map Reports or edit existing ones.
Using the toolbar that appears at the bottom of your screen, add, delete, or edit any financial instruments to demonstrate a different financial picture.
You can do this on the fly with your clients or in preparation for your meeting.
Changes to the financial instruments do not affect the current Asset-Map until each change is committed.
This helps create a bridge between current financial realities and future possibilities in an easy-to-see way.
This feature is available now for both our Pro and Elite users.
Our second update is to Integrations accessibility for our inbound-only integrations such as Money Guide Pro and Precise FP. On the integrations page, you’ll notice you can now activate these partners directly through the tiles rather than having to contact our support team to turn them on.
Additionally, we’ve deployed a small fix which means any newly added instruments from supported integration partners are now automatically applied to previously created Target-Maps.
For our Firm & Enterprise level customers, we have a few new availabilities:
Within Target-Maps, you can now set default rates for the Target-Map Expected Net Return on Capital and the Annual Increase of Contribution, as well as a minimum and maximum threshold for each.
This can help ensure your field force is compliant with respect to presumptive Rates of Return.
You can also create advisor-specific Questionnaires, that are designed by you individually for your specific client’s needs
Not to worry, you can still use your Firm’s branded Questionnaires as well, that encompass wider business goals, giving you the best of both worlds in tailoring your practice.
Our platform is able to stretch and bend for all size of businesses, with plenty of fully customizable functionality for our larger partners. So if you have a firm of 3+ advisors, be sure to give us a call to ensure that you’re able to use Asset-Map in the most efficient way for your office. Volume discounts are available for firms as well.
That’s all for this time, see you next month.