Westwood, MA-based Omyen, a provider of affordable technologies that help financial advisors effectively acquire their targeted clients, said that its Wealth Planner is equipped with a new ‘Cash Flow Planning’ module that is now capable of letting financial advisors build advanced cash flow based financial plans.
Existing cash flow based financial planning software demands high amount of data entry and multiple screen input, and are cumbersome in reconciling inputs. But the new cash flow module made available along with the Omyen Wealth Planner overcomes all these limitations.
Omyen’s Wealth Planner is claimed be a sophisticated, yet intuitive planning platform that features both goals based and cash flow based planning. It is an online platform that can be accessed via major web browsers on most computing devices running on different operating systems, including Windows, Mac, Android (News - Alert) and more. The platform produces financial plans that are aligned with client life stages and supports different business models for financial advice.
Dinesh Sharma, CEO at Omyen commented, “Our goal is to keep pushing the envelope with respect to developing technologies for financial advisors to support their business, whether it is wealth management for individual clients or working with retirement plans, or both. We want to be able to help them in their business growth and running the business efficiently by making our technologies available to them anywhere, anytime, and on most computing devices”.
The new cash flow module seamlessly blends in with the planning capabilities of the wealth planner with flexibilities to help financial advisors chart out plans based on the nature of their clients. Existing Wealth Planner clients will be able to avail the Cash Flow module for no additional cost.
Ray Shreder , CEO at The WealthCare Center, a financial advisory firm based in Henderson, NV, said, “The Cash Flow Planning module of Wealth PlannerTM software has streamlined our holistic planning process and identifies numerous planning opportunities that other software miss.”
Edited by Ashley Caputo