3 Must-Have Reports for Financial Advisors Looking to Grow

What makes a client take action? It’s not just trust—it’s trust based on understanding.

Today’s savers are facing a retirement landscape full of complexity: rising taxes, volatile markets, and shifting legislation. They don’t just need advice—they need to see the impact of that advice - in real dollars and cents - on their retirement strategy. 

So, how can advisors analyze complex financial issues and then deliver simple, easy-to-understand recommendations to their clients?

Here are three pieces of software advisors can leverage to help clients identify, quantify, and overcome their key risks in retirement.

1 | Roth Done Right

There’s a reason Roth conversions are one of the most talked-about strategies in retirement planning: In today’s tax and spending environment, many experts believe taxes will rise significantly in the years to come. But even if a client understands why they should convert, they don’t always understand how they should convert - and they don’t always know all the options for conversion. 

The Roth Done Right report changes that. This software evaluates the tax and IRMAA savings of your client’s conversion and optimizes the conversion pattern to minimize costs. 

It’s a far more robust analysis than many clients have seen - and the best part is, while the analysis is thorough, it’s presented in a clean report that helps clients make a decision with confidence. 

You can get a sample Roth Done Right report for one of your clients here. 

2 | Annuity Alpha

As financial advisors, we know annuities can help clients overcome a host of risks in retirement. But, clients often come to us with some misconceptions about annuities and have no way to analyze the value they can bring. 

Annuity Alpha changes all that. 

This report analyzes the growth needed from your client’s brokerage account to match the annuity income you can project. Advisors have told us it’s the “Ken Fisher Killer” because it clearly shows the power of an annuity to drive alpha (yes, alpha) in a client’s retirement approach.

The software works with any FIA illustration utilizing a lifetime income benefit rider (LIBR) - including products with guarantees and step-up benefits. You can see how it works here. 

3 | Total Tax Burden

Many clients believe that by the time they reach retirement, it’s too late to make adjustments that could reduce their tax bill in retirement. But many savers can reduce their retirement tax bill by hundreds of thousands of dollars by taking some simple actions now. 

The Total Tax Burden Report uncovers this tax risk - and tax-free opportunity. The report analyzes the total taxes clients may pay in their current strategy, and the tax-savings of a conversion strategy - whether the final tax-free vehicle is a Roth account, a life insurance policy, or other vehicle. 

This report is a great “conversation opener” for clients and prospects alike. You can see a sample report here. 

Could Your Clients Benefit from These Reports?

Whether you’re looking to educate prospects, increase wallet share from clients, or create more effective marketing CTAs, these tools are built to support effective conversations - and dramatic practice growth. 

If you’re ready to provide targeted analysis that drives your clients to make smart financial decisions, grab a time on my calendar here. I’ll show you how the software works - and how advisors like you are using it in their practice.

When clients see numbers clearly, they make decisions with confidence. And that’s what great advising is all about.