Financial plans, financial goals and asset allocation for wealth clients
Key Takeaway
A financial plan collects a client's financial goals, and each goal shows its own goal progress and feasibility of success. In Financial Plans and Goals, an advisor can link a financial account to a goal and specify contributions. Goals added from the Goals tab of a client profile are savings-oriented only and can't be associated with a specific financial account.
Wealth advisors use Financial Plans and Goals to plan for and reach a client's short- and long-term financial objectives. Around those plans, advisors use three views. The Asset Allocation component compares holdings with target allocations. The Income and Expenses component shows cash flow trends. Client Detail shows a client's financial accounts and financial plans on the Account record page. A consultant matches each business requirement to the right object or component, so it matters where a goal can and can't link to a financial account.
Financial plans and financial goals
Financial Plans and Goals stores plans and goals in the Financial Plans and Financial Goals objects. The objects come with the Agentforce Financial Services license.
Financial Plans and Goals is available in Lightning Experience in Professional, Enterprise, and Unlimited Editions. The feature uses Omnistudio for added customization.
Inside a plan, advisors can quickly view the details of each goal, such as goal progress and feasibility of success.