Who should use it?
PlanPlus Planit Community Edition is a FREE version of the Professional Level Editions. It is not typically used to do planning for clients, but rather, is used by insurance or investment advisors for calculator work, or it is periodically used by an advisor to create a quick report for a modular goal, i.e. educational funding.

What can you do with it?
This level provides FREE tools for advisors to perform goal based retirement planning and to also generate PDF Investment Policy Statements. In addition, there are a number of calculators, most notably a debt consolidation calculator.

Click here to see samples of the specific reports that you can create with the Community Edition

PlanPlus Planit Community Edition supports over 50 countries with basic currency, graduated taxation calculations, asset classes and more. The client’s country of residence drives the rules that are applied. More advanced localization is available in many countries like Canada, US, UK, China, Malaysia and so on. The software is available in 12 languages, with additional languages in development.

Online support is provided to Community Edition users through www.planipedia.org. Users may upgrade to one of our professional levels at any time.

How do you register?

Click here to register for your FREE Community Edition.

Who should use it?

Financial Advisors who have securities and/or insurance licensing and who are looking for a quick way to do accurate retirement projections for their clients.

Financial Advisors who want to create quick and simple investment management strategies for their clients.

Unlicensed advisors (fee only), accountants, etc. who want to provide advice to their clients regarding their retirement and other financial goals.

What can you do with Level 1?

You can create an easy to understand Investment Policy Statement (IPS) that provides guidelines on how your client’s money will be managed. For clients where you don’t have all of their assets under your management, this IPS process can help to bring a higher proportion of your client’s assets under your management since you are more easily able to coordinate the client entire portfolio.

You also get the Modular Goal process for doing very accurate Retirement projections using graduated tax rates. In minutes you can determine your client’s ability to achieve their target retirement income . . . and if they have gaps, you can use the powerful “Planning Alternatives” to model a solution.

The Modular Goal process can also be used to do an analysis for other financial goals including Education. Access a database showing the cost to attend hundreds of colleges and universities around the world.

You can also identify your client’s needs in the event of death or disability using an income replacement methodology.

Click here for Sample Documents produced with Level 1.

Click here for Product Comparison chart and Pricing.

Who should use it?

Financial Advisors who have securities and/or insurance licensing and who want to add more detail to their investment management strategies by linking through to Morningstar data for daily pricing feeds and detailed asset allocation breakdowns on both existing client holdings and the products they are recommending to their clients.

What can you do with Level 2?

In addition to all the functionality of Level 1, with Level 2 you can aggregate all of your client’s holdings into one consolidated statement that gets daily pricing updates for mutual funds, ETF’s, Seg Funds and stocks.

Identify the detailed asset allocation of both existing holdings and the products you are recommending to your clients.

Build your own “Favourite Products” list to identify the investment products you recommend to your clients.

Create custom “Preferred Portfolios” that can be applied to client accounts with one click. These portfolios can contain one or many products and can be flagged relative to the risk level they suitable for.

The product selection feature allows you to create detailed buy/sell lists for your clients by using your “Favourite Products”, your “Preferred Portfolios” or by merely using the product selection engine to choose products from the whole universe of products in your jurisdiction.

Click here for Sample Documents produced with Level 2.

Click here for Product Comparison chart and Pricing.

Who should use it?

Advisors who need access to the whole tool set in order to look at their clients affairs in a more holistic way. No stones are left unturned. For example, Stock Options are analyzed, Living Benefit insurance is considered and Holding Company assets are integrated into the plan.

This higher level of planning is also appropriate for advisors holding forth as a financial planner or performing more advanced estate and business planning functions.

What can you do with Level 3?

Level 3 is our most popular subscription. That’s because it gives you all the features of Levels 1 and 2 in addition to Cash Flow Base Life Goals Planning.

The very popular Personal Financial Strategy (PFS) document will identify where your clients are headed, given their current behaviour and our unique Auto Model process will identify what behaviour changes your clients need to make in order to achieve their goals. You can document your advice and recommendations that clients will want to implement because your recommendations will resonate as solutions to their problems. The plan document is not just a mass of numbers and graphs – it provides explanations, in layman’s terms.

If you need even more planning power, the Integrated Financial Plan (IFP) will let you do everything that the Personal Financial Strategy does but also incorporate estate planning, critical illness analysis and long term care analysis and much more.

There are as many 40 different reports that can be generated with Level 3. This would include a simple net worth statement, asset allocation report and analysis, insurance needs, and of course retirement cash flow. One report growing in popularity is the Progress Review Report. PlanPlus Planit can produce a year-over-year Progress Review that compares cash flow, tax, assets, liabilities, net worth, etc. This is a powerful report that showcases the client’s progress as time goes by and highlights the value the advisor has brought into the client’s world.  It also makes review time an interesting process.

Click here for Sample Documents produced with Level 3.

Click here for Product Comparison chart and Pricing.