Voyant, a leading SaaS provider of wealth management, wellness, and client digital engagement solutions, has unveiled new tools to enhance advisors' ability to guide better financial decisions.
The Austin, Texas-based fintech provider is enriching its suite of financial planning solutions with a handful of retirement and insurance planning features.
One is a new Social Security optimization feature that assists individuals in pinpointing the optimal timing for initiating their Social Security benefits based on factors such as retirement age, projected lifespan, and income levels.
Voyant also introduced a Roth conversion tool that offers critical insights into the feasibility and timing of converting traditional IRAs to Roth IRAs, including estimating potential tax savings and the strategic benefits of either immediate or future tax payments on the converted amounts.
Rounding out the enhancements, a new advanced insurance modeling capability helps advisors explore the impact of life insurance on an individual's financial picture. That includes the possibility of leveraging life insurance policies to take on loans.
David Kaufman, CEO of Voyant, emphasized the importance of individuals having a deep understanding of their finances and the factors influencing them, such as their income, assets, and financial goals.
"It is critical for individuals to not only understand their wealth but to also have a firm grasp on the external triggers that alter their broader financial picture," Kaufman said.
He further highlighted that the integration of these new tools with Voyant's existing solutions offers advisors a holistic view of their clients' financial situation, enabling them to make more informed and strategic decisions.
Voyant is offering the new features along with its shelf of other offerings, at no additional cost to users, as part of its core solution.
“By making these tools available on one core product, we are helping advisors seamlessly integrate those considerations into the full context of investor’s finances and make informed decisions that bring their clients closer to financial well-being,” Kaufman said.
Voyant, a subsidiary of AssetMark, also has operations in the UK, Canada, Ireland and Australia.
Magnificent 7 firm continues to ‘right size’ workforce in AI-related shift also seen in financial services.
Healthcare inflation running at 280% of CPI - and most HSA holders are sitting in cash.
New research identifies the practice habits driving 121% DC AUM growth among the industry's top performers.
Six-figure losses, social media lures and impostor schemes are draining older clients’ savings, report to Congress shows.
William Tunink, an industry veteran, was indicted for running a Ponzi scheme this month in Des Moines.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
