Holistiplan's Estate Planning module promises to make estate planning more accessible to the mass affluent, an area traditionally underserved by estate planning services. With a significant wealth transfer projected over the next two decades, this tool addresses a gap where clients expect estate planning, but few advisors currently offer it.
By streamlining the estate planning process with tools like the Estate Report, Asset Diagram, and Beneficiary Report, Holistiplan enables financial advisors to provide efficient and scalable estate planning solutions. Roger Pine, CFP®, CFA®, CEO and Co-Founder of Holistiplan, shared about Holistiplan's new venture: "Estate planning has historically been a cumbersome and time-consuming process, which has limited advisors' ability to offer it at scale. With this new module, we're giving advisors the ability to make estate planning both accessible and continuous."
Image Credit: Holistiplan
Why This Trend Is Growing
- Automated Estate Planning
- Holistiplan's Estate Planning module uses automation to simplify and expedite the traditionally slow and cumbersome estate planning process.
- Scalable Financial Advisory Services
- By offering scalable estate planning solutions, financial advisors can now cater to a larger client base, particularly the mass affluent.
- Wealth Transfer Facilitation
- With a significant wealth transfer on the horizon, tools like Holistiplan address the demand for efficient wealth transfer and management solutions.
Industries Being Reshaped
- Financial Technology
- The introduction of automated estate planning modules marks a significant advancement in the financial technology sector.
- Wealth Management
- Wealth management firms can leverage new tools to offer more comprehensive estate planning services, enhancing client satisfaction.
- Legal Services
- Innovations in technology streamline the legal intricacies of estate planning, making these services more accessible and efficient.
