9 Custom eMoney Advisor Cheat Sheets For Financial Advisors

CWA Network Blog 2018 - Advisor Marketing _ eMoney Advisor Template Cheat Sheets

Share this Post

What if you had a pre-made list of over 9 cheat sheets that other advisors had already made and tested themselves?

You’d probably be really excited to get your hands on them! Well, great news. We’re all about helping other advisors at the CWA Network and we’re going to do exactly that – right now.

We use them every day

There are certain documents that we use from the eMoney Advisor system.  We found our teams were going in and printing the documents individually to prep for the meetings, which took ten to fifteen minutes to print out every time.

This meant that at 8-10 meetings per week, our teams were spending 108 minutes per week printing these documents, or 5,400 minutes over the course of an entire year – 90 HOURS dedicated to print jobs. We don’t know about you, but there are some million-and-one other things we’d prefer (and need) to be doing with that time.

Thankfully, we were products of Dan Sullivan’s Strategic Coach program. In 2003, Custom Wealth Advisor Network (CWA Network) founder John Enright began working with Strategic Coach because he wanted to take his practice to the next level.

And not some arbitrary “next level” we hear advisor marketing “gurus” talking about. He had a plan and wanted something trackable & scalable. He had found himself working harder and longer hours every year to grow his practice. But working longer doesn’t necessarily mean working smarter, and John knew that eventually he would run out of hours in the week and the firm’s growth would halt.

The Strategic Coach program gave John the tools, structure and support to transform his planning practice into a high growth business. Of all the things John learned, one of his favorites was to create systems and processes for any task that is consistently repeated.

What we didn’t realize when we started using eMoney Advisor is that they had already covered that base and developed templates in the system that we could customize for our practice.

Cheat sheets simplify everything

We like to call the templates we created “meeting cheat sheets”.  Once we created the cheat sheets inside of the eMoney Advisor reports section, we knew it would save our team a ton of time.

We don’t want anyone else to make the same mistake we did when we started using eMoney, so we decided to share what we learned (and add our  9+“cheat sheets” as well).

Once you have selected all of the documents you want for that meeting, be sure to name the presentation for the intended meeting and hit “Save as a Template”.

From this point forward, all you have to do is go into your templates, select the meeting you are preparing for and then select “Request Printable Presentation”.  No more selecting individual documents and no more wasting precious time.

As far as what we have done for all of the advisors that use our system, we have provided them with our master list of document templates so they could easily have the same templates that every other advisor in our group uses for their meetings.

9 eMoney Advisor cheat sheets

We have a total of nine eMoney meeting cheat sheets that include the following:

  • The Estate Focus
  • Survivorship Analysis Data
  • Long Term Care Analysis
  • Asset Allocation Analysis
  • Stock Options Report
  • Financial Independence Focus
  • College Planning Analysis
  • Final Plan – Current Situation
  • Final Plan – Recommended

1. Estate Focus – Data Confirmation Report:

TheEstatePlanFocusProcess_00

Cover Sheet
Table of Contents
Family Information Summary
Property Summary
Asset Summary
Insurance Summary
Liabilities & Expense Summary

This isn’t the full list. Want it? Click here!

2. Investment Focus – Survivorship Analysis:

eMoney Advisor Template Cheat Sheets CWA Network Inc 1

Survivorship Analysis:
Cover Sheet
Table of Contents
Basics of Life Insurance
Life Insurance Resource & Expense Summary
Life Insurance Summary

This isn’t the full list. Want it? Click here!

3. Long Term Care Analysis

Cover Sheet
Table of Contents
Long Term Care Summary
Balance Sheet
Cash Flow
Cash Flow – Income Flows
Cash Flow – Social Security
Cash Flow – Other Inflows
Cash Flow – Business/Trust Income

This isn’t the full list. Want it? Click here!

4. Asset Allocation Analysis

TheFinancialIndependenceFocusProcess_00

Cover Sheet
Table of Contents
Balance Sheet
Trust & Other Entities Balance Sheet
Assets
Other Assets

This isn’t the full list. Want it? Click here!

5. Stock Options Report

Cover Sheet
Table of Contents
Stock Options/Grants Value
Stock Options/Grants Vesting Schedule

This isn’t the full list. Want it? Click here!

6. Financial Independence Focus – Monte Carlo (with Base Facts):

Cover Sheet
Table of Contents
Family Information Summary
Property Summary
Balance Sheet
Trusts & Other Entities Balance Sheet
Cash Flow
Cash Flow – Income Flows
Cash Flow – Other Inflows

This isn’t the full list. Want it? Click here!

If you want to review the Recommendations in Financial Independence,then include the slide with the Recommended Plan Probability of Success and link to the page for Monte Carlo for the Recommended Plan within eMoney. If you want to wait until Final Plan Delivery to review the recommendations then delete those slides and go to Final Plan Delivery.

7.College Planning Analysis

Cover Sheet
Table of Contents
Basics of Education Planning
The Growing Costs of Education

This isn’t the full list. Want it? Click here!

8. Final Plan – Current Situation:

eMoney Advisor Template Cheat Sheets CWA Network Inc 2

Cover Sheet
Table of Contents
Family Information Summary
Property Summary
Asset Summary
Insurance Summary

This isn’t the full list. Want it? Click here!

9. Final Plan – Recommended Plan:

Cover Sheet
Table of Contents
Family Information Summary
Property Summary
Asset Summary
Insurance Summary
Estate Summary

This isn’t the full list. Want it? Click here!

In an increasingly digital landscape, eMoney fills a void with it’s technology that we have found extremely beneficial. We’ve been able to customize documents for our own needs, regardless of practice area, and have saved countless hours per year doing so, hours we can better spend on developing the ultimate client experience.

When a client has a great experience, they’ll be willing to share it with those they know. We’ve found that utilizing systems, workflows & processes to be the best method in delivering top client experiences.

Advisors in our network have achieved great growth & success with the same mentality & best practices in mind. Instead of our teams (and the teams of the advisors in our network) wasting valuable time printing documents individually for each meeting, we’ve married the software savvy of eMoney’s tools & applied it to our network’s operational mantra; deliver more value in less time.

Your Turn

We really hope you’ve found immense value in our eMoney Advisor template list so far. If you want the full list of all of the eMoney templates we’ve made, simply click the link below (or any of them at the end of each section) to get your copy! What kind of templates have you created for your practice? Take a few seconds and let us know!

Click here to get the full PDF list!

Share this Post

Written By Kristina Rocci

Web Content Manager kristina.rocci@cwanetwork.com

Leave a Reply

Your email address will not be published. Required fields are marked *