Displaying items by tag: fi360
Get the Tools to Help Your Clients Retirement
Broadridge’s Fi360 has rolled out a new tool designed to help plan advisers and sponsors evaluate retirement income and stable value products with a more tailored, due-diligence-focused approach. The Retirement Product Evaluator, powered by CANNEX data, enables users to customize assessments across 60 criteria, allowing them to prioritize features based on the needs of a specific plan or participant base.
With interest in retirement income rising—90% of large institutional clients now rank it as a top plan design priority—the tool aims to meet growing demand for clarity and transparency in annuity evaluation.
Unlike mutual fund scoring tools, this evaluator avoids rigid scoring and instead invites a deeper, more nuanced analysis given the complexity of the products involved. While adoption of in-plan annuities remains low due to fiduciary and recordkeeping hurdles, Broadridge hopes its tool can demystify options and boost comfort levels among plan sponsors.
Finsum: Already in use by major firms, the evaluator reflects an industry shift toward equipping retirement plans with tools for both income generation and long-term stability.
The Best Wealthtech for Advisors
The financial industry is evolving rapidly, with new technologies helping advisors streamline operations and enhance client relationships. Investing in the right tools can give firms a competitive edge while also improving talent retention, as many advisors seek better technology.
Essential tools include CRM software, which centralizes client interactions, financial planning software for scenario modeling, and risk analysis tools to assess investment strategies. Fi360 offers data and technology specific to advisors that can improve their efficiency.
Additionally, scheduling software simplifies appointment management by automating bookings and reminders. Selecting the best options—such as Salesforce for CRM, Fi360 for financial planning, or Calendly for scheduling—can optimize efficiency.
Finsum: With Fi360 advisors have the right technology and can focus more on delivering personalized financial strategies and strengthening client trust.