RazorPlan provides advisors with client data gathering documents which collect the information needed to create financial plans and reports. Depending on the area of the program you are using there are fact finders to help make the planning process more efficient.
Full Client Questionnaire
This fact finding tool mirrors the data entry screens of the RazorPlan program and collects all of the data needed to create a full financial plan. This fillable PDF file can be downloaded, renamed and used with all of your clients.
Use this questionnaire to find out your clients’ monthly or annual incomes and expenses. Designed to work with the RazorPlan Budget Planner application this fillable PDF file collects information about sources of income and detailed expense categories, including customizable categories.
The Debt Planner of RazorPlan will determine the best order to pay off a client’s debts. Use this questionnaire to collect all of the client’s debt amounts, payment and other debt details. This fact finder is fillable and can be sent to your client with debts.
Collect the information about your client’s assets and liabilities to enter into the Net Worth application. This questionnaire collects information about personal use property, savings, investments, real estate, secured and unsecured debts, along with corporate assets and liabilities.
The RESP Planner application can be used to model saving for post-secondary education in a Registered Education Savings Plan. This fact finder can be used to collect information about the RESP holdings and beneficiaries, it also collects all of the potential education expenses.
Life Insurance Needs
Use this questionnaire to collect the information needed to perform a detailed Life Insurance Needs analysis. Identifying the lump sum and monthly needs of a client in the event of death.
RRSP / RRIF Planner
The RRSP/RRIF Planner can be used to show multiple scenarios for deposits and withdrawals to RRSP and RRIF accounts. Use this questionnaire to collect information about the client’s RRSP accounts and planned contributions.
Return on Investment
Determining a client’s return on investment can be accomplished using the ROI application in RazorPlan. To use this application this questionnaire collects information about lump sum transactions, along with PAC and SWP transactions.
Quickly determine if a financial goal is achievable by using the Financial Goals application. This fact finder can be used to collect information about either a Savings or Income goal.