Wealth planning platform provider Everplans released new capabilities
aimed at helping advisers grow their business by boosting relationships with
clients heirs and trusted contacts.
Specifically, Everplans Professional users can now access
the firm’s Network Amplifier, which promises to “increase retention across
generations and grow [advisers’] business by establishing new relationships
with their clients’ heirs and trusted contacts.”
According to recent
research conducted for Everplans by Cerulli Associates, the vast majority (93%)
of advisers believe they will retain the assets of heirs when their primary
client dies, yet 85% of children fire the financial adviser after their parent
dies. To address this challenge, Everplans Network Amplifier “offers a unique
opportunity for financial advisers to grow their business by providing an
opportunity to directly interact with their clients’ friends and family via the
Under the program, a client designates family members or
friends as "deputies" with whom they will share key information. “When
deputies go to securely view a client's plan, they see a branded message from
the financial adviser offering them Everplans of their own,” the firm explains.
“This Network Amplifier connects deputies and advisers in a warm and uniquely
contextual way that facilitates multigenerational planning.”
For more information, visit www.everplans.com.