Search

< Back to all Partners

eMoney

eMoney Partner

eMoney is Balefire’s primary financial planning and document management platform, providing our advisors with the tools to create financial projections, track wealth management strategies, and securely organize client documents. This platform allows us to offer deep financial insights, enhance client engagement, and streamline financial planning workflows.

Usage: How We Use eMoney

  1. Financial Planning & Projections
    • Advisors use eMoney to help client’s visualize long-term financial goals.
    • Key financial planning features include:
      • Cash Flow & Retirement Projections: Modeling different scenarios to help clients understand how their wealth will evolve over time.
      • Monte Carlo Simulations: Stress-testing financial plans under different market conditions.
      • Tax & Estate Planning Tools: Creating tax-efficient withdrawal strategies and legacy planning solutions.
      • What-If Scenarios: Exploring potential life changes (job transitions, large purchases, early retirement) to ensure financial readiness.
      By leveraging these tools, advisors can provide clients with personalized, actionable insights to help them make informed financial decisions.
  2. Foundational Wealth Clients: Portfolio Tracking & Account Aggregation
    • For Foundational Wealth clients, eMoney serves as a tool for tracking account balances and investment performance, even without full financial planning.
    • Clients can link external accounts, allowing advisors to:
      • View real-time account values and overall net worth.
      • Track performance across different investment platforms.
      • Ensure a holistic view of assets, even those not managed directly by Balefire.
    This ensures that advisors can monitor client investments efficiently and provide strategic insights based on a full financial picture.
  3. Client Vault: Secure Document Collection & Organization
    • eMoney functions as a secure document storage system for our planning clients, allowing advisors to collect, store, and organize essential financial documents.
    • We create customized folders based on each client’s specific needs and financial situation, which may include:
      • Tax Returns – Keeping track of annual filings for tax planning.
      • Estate Planning Documents – Storing wills, trusts, and power of attorney documents.
      • Insurance Policies – Housing life, disability, and long-term care insurance details.
      • Investment Statements – Keeping records of portfolio holdings and performance.
      • Real Estate & Business Documents – Managing deeds, ownership agreements, and valuations.
    This centralized digital vault allows for secure document sharing between clients and advisors, ensuring that financial plans remain organized, up to date, and easily accessible.
  4. Account Aggregation – Linking Financial Accounts for a Complete Picture
    • Clients can link their bank accounts, credit cards, mortgages, 401(k)s, and investment accounts to eMoney for real-time tracking.
    • Benefits of account aggregation:
      • Advisors see a full, up-to-date financial picture for more accurate planning.
      • Clients gain real-time visibility into their total net worth and financial health.
      • Automated tracking eliminates manual updates, ensuring all information is current.
    This feature enhances financial planning precision and helps clients make data-driven decisions based on their complete financial landscape.

Operational Login/Support Contact(s)