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Wealth Projector is designed to be
customised for financial institutions and financial planning firms. It is a tool to help your customers, members and prospects to forecast their future and therefore make informed decisions today.
www.wealthprojector.com
The Wealth Projector is an interactive portal that encourages individuals to enter data using a fun and simple ‘drag & drop’ concept (almost like a game board). The outcome is a personalised Wealth Report. This report presents an individual with future projections and scenarios based on their current situation.
The more information added through dragging icons into the portal, the richer the report becomes. This is facilitated through sophisticated modelling and external data feeds (ABS statistics, property growth rates, industry benchmarks etc). As an individual drags an icon into their portal it will prompt and ask more detail, to remove some of the guesswork.
The benefit to an individual is that they can project into the future and see what it looks like. From here, they can change the inputs and derive alternate scenarios.
The report will outline important family milestones, super adequacy, future cash-flow, and general lifestyle affordability over the short, medium and long term. One off events such as a holiday or inheritance are able to be incorporated into the model to ensure the picture is wholesome for the individual.
We are currently licensing the application to institutions and financial planning groups. The Wealth Projector has patented technology and is the first of its kind in the global marketplace.
There are some key reasons why the Wealth Projector was created:
- 1. There continues to be a gap between ‘information’ and ‘advice/guidance’.
- 2. Personalisation results in better engagement.
- 3. Individuals WANT to understand; they just don’t know a simple way to go about it.
- 4. Enhancing the financial literacy of individuals is increasingly becoming a focus for institutions.
- 5. Individuals see their wealth position as a single measure made of many elements.
- 6. Most providers either do not have rich data on the individual or do not use it effectively.
The Wealth Projector provides valuable benefits to both the institution (provider) and the individual.
Benefits to the individual
- Personalised content and imagery
- Ease of understanding
- Emotive connection throughout
- Assists in informed decision making
- Inputs are at discretion of individual
- Interactive and fun experience
- A meaningful end result
Benefits to the institution:
- Advice and sales opportunities
- Customer retention and acquisition
- Powerful data collection
- Fully customisable
- Unique and differentiating service
- Ability for ‘bulk generation’ – 100% touch
- Tailored messages, offers and calls to action