Planners

Planners allows you to create customized plans for your clients. There are three plan types available:

• Retirement
• Tuition
• Asset Allocation

To begin creating client plans, click Planners in the Navigation Bar.

• If you have not created any clients, you are prompted to do so.
• If you have not selected a client, you are prompted to select one from your client list, or create a new one.

Otherwise, the Retirement Planner screen appears. Click the tabs at the top to create a Tuition or Asset Allocation plan

• To view or modify an existing plan, select it from the Select from a saved plan pulldown and click View.
• To save a plan, click Save at the bottom after entering the information.
• To cancel all changes before saving, click Reset.
• To create or modify a plan for another client, select the name from the Select another Client box and click Go.

Creating a Retirement Plan

When this screen first appears, it contains any default information* you entered in the Advisor Preferences screen, but you can change it here if required. Fill in all the information and assumptions required to plan for the client's (and their spouse's, if applicable) retirement

Once you have filled in all this information, you can enter the investments which are planned to achieve the client's retirement goals:

• Who? Select either the client or their spouse
• Investment Amount: Enter the amount this person is to invest
• Every: Select a frequency for investments
• Increase by: Enter an amount by which the investment will increase regularly
• Every: Select the frequency at which  the investment will increase regularly
• Start: Enter the date when investment will begin (default: today)
• End: Enter the date when this investment will end.
• Tax Deferred: Specify whether this investment is tax-deferred or not.

You now have the following options:

• To save the plan, enter a name in the Save as New Plan box at the bottom and click Save.
• To view an existing plan, select it from the Select a Saved Plan pulldown at top right and click Go.
• To reset the plan to its default settings (as specified in your Advisor Preferences) click Reset at the bottom.
• To run a report, or include it in a custom presentation for your client, click Run Report at the bottom.

Creating a Tuition Plan

A Tuition Plan allows the client to determine how much money should be put aside to cover future tuition costs for their dependant(s). Note that if you specified no dependants in the Client File, an error message will appear and you will be given the option to do so.

When this screen first appears, it contains any default information* you entered in the Advisor Preferences screen, but you can change it here if required. Fill in all relevant fields.

• Savings already accumulated as of (default: today's date)
  • Tax Deferred
  • Taxable
• *Assumed annual inflation rate of college expenses
• *Assumed annual growth rate of investments
• *Assumed tax rate of investment profits

In the table below

• Student Name: Select from the list of dependants for this client
• Age is filled in automatically from the Client File.
• Age when entering: Enter the student's anticipated age when entering college. Start date is assumed to be 1 Sep.
• College Name: Select from the list, or click New and enter a name. The list contains all accredited Canadian universities and community colleges, as well as an average figure for Canadian schools and US Ivy league, public and private schools.
• Current Annual Cost: The current annual cost for the selected school appears automatically when you make a selection in the College Name field

Once you have filled in all this information, you can enter the investments which are planned to achieve this goal:

• Investment Amount: Enter the amount this person is to invest
• Every: Select a frequency for investments
• Increase by: Enter an amount by which the investment will increase regularly
• Every: Select the frequency at which  the investment will increase regularly
• Start: Enter the date when investment will begin (default: today)
• End: Enter the date when this investment will end.
• RESP Account: Specify whether this investment is tax-deferred or not.

You now have the following options:

• To save the plan, click Save at the bottom.
• To reset the plan to its default settings (as specified in your Advisor Preferences) click Reset at the bottom.
• To run a report, or include it in a custom presentation for your client, click Run Report at the top or bottom.

Creating an Asset Allocation Plan

Here you can create and associate up to four different profiles with this client. For example, you might create a profile called Aggressive with a high equity content, or Conservative for a high bond/cash content.

• Enter a name for this profile, and relative percentages for each asset type. These must total 100%.
• Enter a deviation tolerance, which is the maximum amount by which the portfolio should differ from the proposed mix.

You now have the following options:

• To save the plan, click Save at the bottom.
• To run a report, or include it in a custom presentation for your client, click Run Report at bottom.
• To compare the Asset Allocation plans to the actual distribution of assets in the client's portfolios, click Clients in the Navigation Bar, select a client, and click the Asset Allocation tab.