Trust & Will, one of the leading digital estate planning platforms in the US, has unveiled a new subscription pricing model to help more financial advisors access its services.
The fintech firm’s new streamlined pricing model, aimed at giving financial advisors greater flexibility in offering estate planning services to their clients, includes two main options.
Under one seat-based subscription option, firms can pay $3,999 per advisor annually, which gives advisors the ability to generate unlimited estate plans.
It also introduced a pay-as-they-go structure, which allows users to pay for estate plans as needed.
Trust & Will said its new pricing model differs from other competitors that offer only a single fee structure by giving advisors more ways to integrate estate planning into their services while managing costs effectively.
“Advisors are seeing the true impact that incorporating estate planning has on better serving their clients and differentiating their practice,” Andres Mazabel, general manager of advisors at Trust & Will, said in a statement Monday. “Our new practice option enables advisors to make estate planning a core part of their service model.”
Trust & Will’s introduction of this flexible pricing structure comes after it inked a partnership with LPL Financial in April. The planning fintech provider also recently enhanced its platform with tools for estate summary, visualization, and personalized insights, all aimed at helping advisors better identify opportunities for their clients.
In April, Trust & Will revealed the results of its 2024 Annual Study which found 62 percent of millennials do not have a will or trust, with 48 percent preferring advisor assistance in estate planning.
“At this moment when so many people are expressing interest in creating their estate plan, we are excited to partner with advisors across the country so they can provide this vital service to their clients,” said Cody Barbo, co-founder and chief executive officer of Trust & Will.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
