CONSHOHOCKEN, Pa., Jan. 28, 2013 /PRNewswire/ -- eMoney Advisor ("eMoney"), the only wealth-planning system for financial advisors that offers transparency, security, mobile access and superior organization for everything that impacts their clients' financial lives, is celebrating a second consecutive year of exponential growth. By helping advisors transform the way they provide financial planning services to their clients, eMoney's user base grew to approximately 600,000 individuals in 2012.
The growth represents an increase of 34 percent from the previous year. In 2012, the number of accounts aggregated daily on the eMoney platform increased by 38 percent, bringing the total to more than 2.4 million accounts. The value of the assets in those accounts has climbed by an even greater number (40%) from $193 billion to almost $271 billion. The 600,000 users of the eMoney platform have a combined net worth of more than $654 billion, a considerable increase from the figure of $512 billion calculated in January 2012, making the average net worth per user above $1 million.
"By giving advisors a clear, accurate view of their clients' entire financial world, we help advisors move beyond asset management to long-term financial planning and client relationships that extend generations," notes Edmond Walters, Founder and CEO of eMoney Advisor. "Nothing else in the marketplace solidifies the advisor/client relationship the way eMoney does, which is why we continue to expand both the number of users and volume of assets year after year."
eMoney has revolutionized the financial planning profession by incorporating features that deepen the relationship between advisors and their clients. These advisor-centric features include the first web-based planning system, the first to offer total asset aggregation capability and the first personalized client web pages. eMoney also provides advisors with a full library of educational resources that can be shared with clients and customized to each advisor's practice.
"Information is power and eMoney is the bridge that connects advisors and their clients with every element that impacts their financial lives," Walters explains. "When advisors are able to make better informed decisions and provide a level of financial planning service that was previously unavailable, they're able to foster a deeper relationship with clients and ultimately increase their practice growth and client retention."
About eMoney Advisor, LLC
eMoney Advisor, LLC, based in Conshohocken, Pennsylvania, is a leading provider of award-winning, web-based wealth-planning tools that offer a complete view of a client's financial picture. Our services are designed to completely transform an advisor's ability to implement financial plans for their clients, even if the advisor doesn't manage all of those assets.
eMoney's suite of tools are used by leading financial services firms around the country, including TD Ameritrade, The Guardian Life Insurance Company of America, LPL Financial, Mass Mutual Financial Group, RBC Capital Markets, Lincoln Financial Advisors Corporation, MetLife, New York Life, Northern Trust, Securian Financial Services, and Allstate Financial Services.
As a partner to advisors, eMoney's tools and services are designed and fully customized to meet the unique and evolving needs of advisors' ability to focus on client retention and practice growth.
For more information, visit www.emoneyadvisor.com.
SOURCE eMoney Advisor