Prospera Financial Launches Flexible Financial Planning Service
Dallas-based independent broker-dealer Prospera Financial Services Inc. has introduced its new service, Planning Your Way, a comprehensive financial planning offering designed to assist advisors in delivering tailored financial plans. This program provides advisors with flexibility in choosing the appropriate level of support from paraplanners to meet the needs of their clients.
- Four Flexible Service Models:
- The program offers four service models with varying degrees of involvement from Prospera’s paraplanners.
- Advisors can opt for a simple data-gathering session, a plan creation, presentations, or a more comprehensive relationship with paraplanners.
- Enhanced Efficiency for Advisors:
- Tarah Williams, President and COO of Prospera, emphasized that while financial planning software allows for personalized plans, the process can be time-consuming.
- Planning Your Way helps advisors reduce the resource burden by offering scalable support in the planning process.
- Free Financial Planning Software Consultation:
- Advisors considering a change in their financial planning software can access a free consultation.
- The consultation includes a needs assessment, software recommendations, and support in implementing the new platform.
- Conversion assistance is provided if an advisor transitions to a new software platform.
- Additional Prospera Initiatives:
- Prospera Generational Wealth: A family office solution for advisors serving the ultra-high-net-worth market.
- ProsperaIgnite: An internal employee development program designed to nurture leadership across the firm.
Prospera Financial’s Planning Your Way program is designed to offer financial advisors the flexibility and support needed to serve their clients efficiently while reducing the time and effort involved in the financial planning process. This launch follows a series of innovative initiatives by the company aimed at equipping advisors with the tools and resources to succeed.
