Program Elements
Post-retirement income distribution can be a complex process for investors, financial advisors, broker-dealers and product manufacturers. In recognition of this fact The Income for Life Model® provides a broad set of components designed to help users address critical areas including investor education, compliance, marketing, modeling, program management and tracking.
Among the unique features that The Income for Life Model® offers are:
| Item | Description |
|---|---|
| Web-Based Illustration System | A flexible software tool that enables advisors to construct time segmented, "laddered" income distribution strategies including the integration of guaranteed outcome elements, when appropriate. The open architecture software platform creates vital context for the selection of multiple fixed and equity-driven investment products
|
| The TNT Retirement Income Indicator™ | An online risk profiling process that determines an investor’s need for guaranteed retirement income versus income generated from long-term investing. Helps advisors identify appropriate target rates-of-return |
| IFLM Check-Up Tool | A web-based tracking feature that helps advisors assess actual results versus targeted results |
| Illustration Database | A searchable online database that archives all previously run illustrations |
| Advisor-Personalized Microsite | A compliant, consumer-facing website personalized to the advisor that streams the client movie to clients and prospects’ web browsers (see example) |
| Type | Title | Description |
|---|---|---|
| Concept Overview | A brochure that presents a conceptual overview of The Income for Life Model strategy | |
| Tri-Fold Brochure | A convenient marketing brochure that can be used as a mailer or handout | |
| Client Movie | An engaging multimedia presentation that describes The Income For Life Model® in a needs-based context. The presentation is downloadable to an advisor’s PC. | |
| PowerPoint Deck | PowerPoint presentation that explains The Income for Life Model in a seminar-event format | |
| Pre-Approach Letter | A letter that may be used with clients or prospects that may have interest in learning about The Income for Life Model | |
| Follow-Up Form | The Follow-up Form can help you gather important client data following an initial meeting. It can also be used as part of a seminar kit |
| Item | Description |
|---|---|
Real-Time Management |
Utilizing Wealth2k's proprietary Traject network, the entire solution landscape is transparent and controllable in real-time at the broker-dealer level |
Advisor-Specific Disclosure Monitoring |
Assures that broker-dealer disclosures are accurately posted on all consumer-facing communications including electronic communications |
Advisor Self-Enrollment |
At the broker-dealer's option, a customized signup portal handles advisors’ enrollment in the program |
Activity Reporting |
A combination of daily and real-time reports that track illustrations run and user account activity at the individual advisor level. Customized reports are also available |
Seamless Sign-On Process |
If desirable, advisors may login to the system via a single sign-on at the broker-dealer's advisor portal |
Custom Retirement Model Design |
Broker-dealers may create and modify custom retirement strategies based upon unique economic characteristics |
Control of Financial Assumption Ranges |
Real-time control of the input of financial assumptions .within specified ranges |
