SOFTWARE TO POWER THE WEALTHCARE PROCESS
An integral part of the Wealthcare process is a suite of diagnostic software that allows you to
simulate a client's financial goals over his or her life and use those forecasts to calculate the likelihood that
a financial strategy will be successful. The software is available either as online, web-based Financeware or as
off-line, desktop software using AASim. In addition, Financeware provides you with secure document management capabilities.
ONLINE SOFTWARE
Financeware's premier wealth management software is available as an online subscription
application. This software uses three separate methods of calculating the probability that a client will
meet his or her goals including:
- An Historical Audit that evaluates client finances using historical market
returns in the order in which they occurred.
- A WealthSimulator® that compares financial data to randomly ordered historical data.
- A Monte Carlo Simulator that uses statistical data about a client's assets to randomly
generate thousands of lifetimes for comparative purposes.
In addition, Financeware's online platform works with FinanceFileManager, a
web-based document management system that provides advisors a secure method to share documents with their clients.
DESKTOP APPLICATION
For advisors who cannot take advantage of Financeware's online offerings, AASim
provides Monte Carlo simulations in a desktop environment.
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