Agenda

This lab is designed to be hands-on and interactive so you can gain an understanding of how to effectively use MoneyGuidePro with your clients.  Let us coach you through case studies so that you leave with the knowledge of how to develop and present a meaningful financial plan – taking you from being competent to having confidence. This course is similar to the two-day Live program broken in to smaller time segments.

This course qualifies for 12 hours of CFP® CE credits. Hours will only be submitted for registered attendees who attend both sessions in their entirety.

The event will run from 12:00 PM - 4:00 PM ET each day:

We begin the class by providing the attendees with a short, basic case study to enter into the system.  The instructor will walk through the case study with the attendees to acquaint them with navigation and some basic planning concepts.  As we progress through the class, more advanced case studies are provided to expose the user to the different levels of the planning process. 


The first day will end with a homework case study for attendees to enter on their own. During session two the case study will be reviewed and instructors will address any questions the attendees developed while entering the information without the assistance of the instructors. 


As the content continues an additional case study is then used to address more advanced topics.  Throughout the three sessions attendees can enjoy the sharing best practices and ongoing Q&A with our staff, as well as share success stories of their own.


As a virtual training it is helpful to have two screens - one to enter data and one to watch the webinar. This can be achieved through dual screens, split screen, toggling between tabs on your browser, or using an iPad or other device as an additional screen. You will receive login information to our training site to complete the case studies; therefore you will not be using your actual production licenses.


MoneyGuideLive will cover the following topics:


Session 1
Conversations
Zoomer Planning Concept

  • Data Gathering
  • Goal Sliders
  • Simple Social Security
  • Quick Investment Entry
  • Risk
    • Selecting risk score
    • Current Allocation
  • Results

Conversations – Switch to Retirement

  • Personal
    • Expectations and Concerns
    • Retirement Period / Life Expectancy
  • Goals
    • Goal Entry methods
      • Picture
      • Data Gathering
    • Auto Goals
  • Money
    • Advanced Social Security
    • Investment Asset Entry Modes
  • Current vs. Recommended
  • Creating a Recommended Scenario
    • Social Security Maximization
    • Choices
    • Risk/Return
    • Buckets

Homework Case Study

Session 2 

Client Engagement

  • Play Zone®
  • What Are you Afraid of?
  • Plan Summary
  • Star Track
  • Reports
  • Blocks
  • Review Homework

  • Tax and Inflation Options

    • Overview of underlying assumptions
    • Common changes

    What If Worksheet

    • Overview
    • Exploring underlying details
    • Goal Strategies
    • Modeling Scenarios

Session 3 

  • Risk 

    • Life Insurance
      • Uncovering opportunity
      • Solving for need
      • Adjusting assumptions
    • Disability
      • Brief overview
    • Long Term Care
      • Uncovering opportunity
      • Model proposed policy

    Executive Benefits

    • Stock Options
    • Restricted Stock
    • Deferred Compensation

    Estate Planning

    • Overview
    • Adjusting assumptions
    • Uncovering opportunities for estate planning recommendations
    • Strategies
      • Gifting
      • ILIT

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