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ByAllAccounts Overview

ByAllAccounts Overview. Aggregating the World of Wealth SM. An incomplete picture of your clients’ assets, can mean missed opportunities. ?. BROKERAGE. Get a complete view on held-away assets and increase your annual revenues. SPOUSE 401(K). 401(K). 529.

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ByAllAccounts Overview

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  1. ByAllAccountsOverview Aggregating the World of WealthSM

  2. An incomplete picture of your clients’ assets, can mean missed opportunities. ?

  3. BROKERAGE Get a complete view on held-away assets and increase yourannual revenues. SPOUSE 401(K) 401(K) 529

  4. With a complete view of clients’ assets you can provide more effective recommendations and eventually become their trusted advisor: You may see one piece of a client’s assets from a data feed directly from a custodian – we fill in the data gaps and provide the complete picture. Many advisors’ clients have 401K and other retirement accounts that are captive inside an employer plan; and often, they are not including these assets when they prepare reports or bill. We enable advisors to monitor and advise on these held-away assets and create comprehensive performance reports and bill for that value-added service.

  5. Business impact of billing on held-away assets. Major Growth Opportunity How much do you estimate that billing on held-away assets as increased your annual revenues? (Response percentages) Revenue Building Opportunity (Illustration) $236,000 on average in retirement account + 44% 100 held-away retirement accounts x Bill 50 basis points for held-away 11% = 5% $118,000 Incremental annual revenue 15%

  6. Learn how increasing your AUA (Assets Under Advisement) plants the seed to grow your AUM (Assets Under Management). Integrating account aggregation into your practice can help you to turn acorns into oaks. If you provide advice on your clients’ company-sponsored retirement plans and held away accounts now, they will be more likely to consider you for future rollovers and transfers. In the meantime, you enhance the service to your clients because you see their complete financial picture.For more information, contact VSR Advisory Services.

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