Financial Planning for different scenarios

Collaborative Financial planning tools

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inStream's Integrations with CRMs vs. Portfolio Management Systems

At inStream, we have a wide variety of integrations available for both CRM and PMS systems.  CRM stands for a Client Relationship Management system.  These are systems such as Microsoft Outlook, Google Apps, and Redtail.  inStream allows for your inStream account to integrate with these Client Relationship Management systems, allowing for you to pull all of the client information that you want to into inStream.  A PMS, on the other hand, is a Portfolio Management System.  These are systems such as Blueleaf, Orion, Schwab Portfolio Center, and Albridge.  With these portfolio management systems, you will largely pull information involving accounts into inStream, which can be used in many areas for your clients, especially planning.

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Using inStream's Document Management System

inStream has a built-in document management feature that allows you to save, upload, store, view and download documents and files that are relevant to your clients.  With this document management feature, you can keep a timeline of documents relating to your client.

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How to Talk to Clients about Monte Carlo Analysis

Talking to clients about a Monte Carlo analysis can be tough. Most clients, and frankly a lot of advisors, don’t really understand what the results actually mean. While it helps to understand the nitty-gritty aspects of the math, the basics are pretty easy to understand. Plus, if you find yourself talking to a client about the distribution curve you use to generate your returns, you’ve lost most clients.

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When To Use a Safe Savings Rate Plan

Safe Savings Rate plans are great for clients that are saving to meet a future goal - especially if those savings to represent a good chunk of the money that will fund that goal. In other words, Safe Savings Rate plans are for folks who are in the accumulation phase, and not the decumulation phase of their lives.

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