One Approach
Cybar Financials’ Optimirror ®: A New Way to Realize Practice Value:
- Collect data using Optimirror® Budget Worksheet and input plan data using Work-Flow.
- Engage new and existing clients in ongoing financial planning.
- Optimize cash flow efficient debt restructuring scenarios.
- Optimize tax efficient retirement, major purchase, and income replacement plans.
- Optimize ongoing relationships between financial advisors, accountant, and trust and estate planners.
Optimirror has been designed with Work-Flow tabs that will guide you to enter data to create a plan. The best way to learn cash flow optimization is to practice with clients or prospects or enter your own data, enable the optimizer, and then to begin experimenting with “What If” scenarios.
Advisors gathering data in the context of cash flow optimization motivate their clients to do better. Optimirror offers a visual deliverable from which advisors can implement, update, review, and rebalance a financial plan at the same time that they prove their clients can afford the cost of implementation.
No time is lost going back to your office to generate a plan that becomes meaningless by the time you have returned to implement. Optimirror gives you the ability to bookmark where you last left off in the recommendations you have made in your financial advisory letter.
Ongoing financial planning using Optimirror helps you keep your clients on track with their goals. It allows you to develop client goals and work to achieve them and to be fairly compensated for your best advice.
One advisor charges fees ranging from $1,200 to $7,200 for ongoing financial plan optimization using Optimirror®. In one three month period he increased his annual planning fees by more than $29,000. At the same time he increased the value of his practice by more than $200,000.
Email me at David.Wilson@cybarfinancial.com to discuss how to put Optimirror® to work for you and your clients.