Elements Introduces “Target Scores” Tool for Financial Advisors
2024年8月6日 - 10:08PM
ビジネスワイヤ(英語)
Target Scores empower advisors with clear
goal-setting tools, helping clients achieve optimal outcomes within
each aspect of their financial life
Elements, a financial vitals system that helps financial
advisors serve clients faster, today announced the release of
Target Scores, the newest feature added to the Elements
financial planning ecosystem. Designed to enhance the
advisor-client experience, Target Scores allow advisors to
establish customizable and distinct goals for each Elements score
on behalf of their clients. By setting strong financial standards,
advisors can facilitate positive shifts in client behavior to help
their clients improve each facet of their finances.
Recognizing the challenges many face in managing their finances,
Elements empowers advisors and their clients to conveniently assess
and address 12 core financial variables that address each area of a
client’s financial health. With the launch of Target Scores,
clients gain transparency into their current financial standing and
the desired benchmarks as set by their advisor within each of those
key “elements”.
For each financial Element, there are default targets based on
generalized best practices. Advisors are then able to tailor the
goal and target ranges depending on their clients’ unique needs.
Target Scores include a simple health indicator to help clients
easily understand and monitor progress towards each goal. For
advisors seeking greater efficiency, custom Target Score templates
can be generated and assigned across groups of clients.
“As one of the most requested features from our advisors, we
couldn’t be more excited to elevate the user experience in this
way,” said Reese Harper, CFP, chief executive officer
at Elements. “By incorporating user feedback, we’re able to give
advisors the tools they need to transform their business. Elements
streamlines an advisor’s financial planning operations and
communications, further strengthening their existing client
relationships and bridging the gap to building new ones.”
Target Scores will be available to all advisors using the
Elements platform at no additional cost. Aligned with Elements'
mission of creating effective communication between advisors and
clients, Target Scores facilitates conversation and deeper client
comprehension by simplifying complex financial concepts with visual
goals and target ranges.
“We built Elements to support advisors with a framework for
client communications, centering on the most critical financial
components,” said Jordan Haines, director of product
marketing at Elements. “With the addition of a more tangible
resource such as Target Scores, advisors and clients can quickly
identify areas of opportunity and improvement within a client’s
portfolio. As a result, clients can take action and reach their
financial goals faster.”
Elements revolutionizes the way advisors serve clients by
standardizing and simplifying the measurement, benchmarking and
monitoring of financial health. Its innovative Financial Vitals
System streamlines client data collection, meeting preparation and
marketing content creation, empowering advisors to assist more
clients in making smart financial decisions.
Target Scores is yet another example of Elements’ commitment to
creating a technology specifically designed to help the advisor and
the end client. After the recent partnership with XYPN,
Elements is looking to rapidly grow their technology to help serve
more advisors than ever before. Advisors keen to discover more
about this new feature can book a demo by visiting
getelements.com/demo.
About Elements
Elements is financial vitals software revolutionizing the way
financial advisors serve clients by standardizing and simplifying
how financial health is measured, benchmarked, and monitored. Our
innovative system streamlines client data collection, prep for
client interactions, and marketing content creation, which empowers
advisors to help more clients make smart financial decisions – in
way less time. Elements’ 8-minute onboarding makes time-intensive
data gathering and updating a thing of the past.
Elements’ Vitals provides a common, financial language that
makes it easy for advisors to help clients understand their money.
Advisors can utilize Elements’ Vitals to quickly assess their
clients’ financial health without the need for deep-dive
projections and analysis. For more, visit
getelements.com.
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