CONCORD, Calif., Jan. 28, 2014 /PRNewswire/ -- AssetMark, Inc., a leading strategic provider of innovative investment and consulting solutions serving financial advisors, announced today that it has provided access to integrated financial planning capabilities through its eWealthManager investment platform for financial advisors. The new enhancements, provided through a relationship with Finance Logix, enable financial advisors to serve a broad range of client needs related to investment planning and wealth management.
"Giving our advisors the means to provide holistic planning insight to their clients enables them to have broader conversations about wealth management and life planning," said Charles Goldman, President and CEO, AssetMark. "We chose to work with Finance Logix because they offer cash-flow management with goal planning models in a way that integrates with our investment offering. These tools have the potential to deepen client relationships immensely, as well as support advisors in delivering meaningful, actionable advice in order to meet clients' needs."
The new financial planning features available to advisors using AssetMark include:
- A client interview tool for helping clients build a clear understanding of their financial situations
- Dashboards to track progress and identify opportunities
- The capability to perform dynamic "what if" scenarios with clients to educate them on how small changes can make a big difference in their financial lives
- Interactive sliders that allow advisors to make plan adjustments in real time
- Secure-access document vault that allows clients to save important information and critical documents in one location
- A client portal that enables clients to monitor their own financial health in collaboration with their advisor
"As a client, seeing a clear and comprehensive picture of financial plans can mean the difference between enjoying fiscal freedom and coping with financial shortfall," said Matt Matrisian, Senior Vice President and Director of Practice Management, AssetMark. "Providing thoughtful wealth management and investment planning services in the context of clients' personal goals—and helping them see their progress—is one of the most important ways for advisors to build relationships that make positive changes in their clients' lives."
"We know that advisors use many different planning services today, but our commitment to incorporate Finance Logix with our investment philosophy is an important step for us," added Mr. Matrisian.
About AssetMark, Inc.
AssetMark, Inc., formerly Genworth Financial Wealth Management, Inc., is an independent strategic provider of innovative investment and consulting solutions serving financial advisors. AssetMark provides investment, relationship and practice management solutions that advisors utilize in helping clients achieve their investment objectives and life goals.
The firm has approximately $20 billion in assets on its platform and a history of innovation spanning nearly 20 years. AssetMark works in collaboration independent advisors who make a difference in the lives of their clients. For more information, visit www.assetmark.com or follow @AssetMark on Twitter.
SOURCE AssetMark, Inc.