New York — EMoney Advisor has released the latest version of its Web-based AdvisorPlatform planning software, which includes the ability to get live client net-worth statements nightly that advisors can submit to banks on behalf of clients who need to verify their assets quarterly for lines of credit.
The feature is one that chief executive Edmond Walters said several CPA clients had requested. “CPAs can now get their clients’ net-worth statement in a format banks will accept in minutes,” Walters said.
Other enhancements to v. 3.5 include the ability to simulate the sale or purchase of an asset; the integration of investment accounts and Fact Finder plan assets; the ability to compare “what if” scenarios against a client’s base facts; and the ability to save and compare proposed client plans, as well as new scenarios for premature spouse death and rises in inflation.
EMoney has also added a Frequent Flyer/Awards Manager section so clients can sign up to a framed-in third-party service for tracking frequent flyer mileage and other point programs. Walters said that the company plans to add efficient frontier simulations in a version that is due out this summer.
EMoney’s clients include Massachusetts Mutual, Century Business Services and PricewaterhouseCoopers.
