Introduction to RazorPlan with Decumulation
Preparing a decumulation plan on how assets are going to be used in retirement is an added value that financial advisors should be offering clients.
RazorPlan with Decumulation
The decumulation feature is a new optimization tool for the decumulation phase of a client’s life. Learn how to use this feature and integrate it into your practice.
See RazorPlan’s Top 10 Features In Action
It’s RazorPlan’s 10th Anniversary! Thank you so much to all the loyal customers that helped us reach this incredible milestone. To celebrate the success of the financial planning software, RazorPlan’s Co-Founder, Dave Faulkner, has put together short video clips highlighting the Top 10 Features! Check out each feature below or click here to watch all Top 10 Feature videos.
Feature #10 – User Interface
Starting with nothing more than a client’s name and date of birth, an advisor can gather enough information to prepare an analysis in under 15 minutes. Allowing the client and the advisor to discuss the big picture and their client’s needs moving forward. Click here to see it in action.
Feature #9 – Cash Flow Planning
This tool was created in RazorPlan to fit the need for a visual data entry solution to do your pre-retirement cash flow-based planning, creating better client engagement in the planning process. Click here to see it in action.
(Available in RazorPlan Advanced)
Feature #8 – Insurance Planning
What would a comprehensive financial plan be without insurance? RazorPlan combines insurance values in a comprehensive financial plan with life insurance illustration software built right into the platform or import values, including Whole Life Insurance, from any company using their built-in export feature. Click here to see it in action.
(Available in RazorPlan Advanced)
Feature #7 – Data Drill-Downs
When doing a comprehensive financial plan, nothing is more frustrating than not being able to illustrate simple investment concepts quickly for your clients. With the drill-down control, you can model all popular investment concepts quickly and easily. Click here to see it in action.
Feature #6 – Planning Concepts
With RazorPlan, you get 6 different concept reports – Financial Management, Investment Management, Insurance & Risk Management, Tax Planning, Estate Planning, and Retirement Planning. There is no concept in the financial industry that can’t be displayed using one of these Focused Planning Reports. Click here to see it in action.
Feature #5 – Excel Export
If you have basic skills using Excel, you can build any report for any concept you want using RazorPlan’s calculation engine and the Export to Excel feature. Click here to see it in action.
Feature #4 – File Sharing
Do you work in a multi-advisor office where you frequently work on the same financial plan? Do you work with other advisors through joint work? Are you in a support role where you need to assist an advisor? With File Sharing, RazorPlan saves you time by making it easy to collaborate with others. Click here to see it in action.
Feature #3 – Web Tools
Our web-based tools help you find new potential clients ready and motivated to engage in financial planning. You can also use the Web Tools to identify existing client relationships ready to move forward with additional planning. Click here to see it in action.
Feature #2 – Retirement Planning
Today, retirement planning is all about how to spend (decumulate) in the most tax-efficient way possible. Decumulation planning can add a ton of value for a client when you get it right, and RazorPlan helps you do that. Click here to see it in action.
Feature #1 – Retirement Options
The Retirement Options report is the original 1-Page Financial Plan. This shows clients all their options – how much they need to save, how much they can spend, when they can retire, and so much more – all on a single, easy-to-understand page. Click here to see it in action.
Interested in learning more about RazorPlan and how it can help elevate your business? Click here to register for a live demo.
Razor Leads: Client Acquisition Tool
Razor Leads is a feature of the RazorPlan program that can be used to touch base with existing clients and introduce the planning process to prospective clients.
Advisor Survival Guide
When markets become volatile, advisors need to be proactive in their client communications. Taking control of the narrative clients are hearing is important because there are numerous sources of information that are bombarding your clients at this time.
Cash Flow Planning – Beyond Budgeting
Razorplan has always tracked the client’s retirement cash flow, now you can also track their pre-retirement lifestyle and plan their cash flow. For clients that are still in the accumulation phase of their life and are planning for their retirement, putting together a pre-retirement cash flow plan goes beyond budgeting
RazorPlan Plus – An Overview
With the release of RazorPlan Plus some powerful new features were added. This video demonstrates these new features and gives you an idea of the power of RazorPlan Plus.
RazorPlan CEO on Joining Nest Wealth
Our common vision is to continue to support both technologies as independent platforms as they currently are, in addition to an integrated solution.
New Feature: Report Customization
By design all RazorPlan reports are very graphical, In the latest version of the program key graphics in the report can now be edited to better suit your needs. In addition to the report logo, which was already customizable, the ability to change two graphic areas of RazorPlan reports has been added.
Software developed by:
