Innovative Tech Solutions for XYPN Members
XYPN has taken a major step forward as the premier support platform for fee-only financial planners by announcing extensive enhancements to its member benefits during the recent conference. With an ever-expanding community of over 2,100 members, XYPN is committed to addressing the evolving challenges that financial planners face as they scale their practices.
Collaboration with Holistiplan
One of the standout features of this new initiative is the collaboration with Holistiplan, a renowned tax planning software provider that is trusted by thousands of financial advisors. Previously recognized as the winner of the XYPN LIVE Advisor Tech Competition, Holistiplan will now be available to XYPN members as a key benefit. This collaboration enables access for new firms and provides deep discounts for existing practices, empowering financial advisors with tools that enhance client value.
Partnership with Orion
In addition to partnering with Holistiplan, XYPN is furthering its relationship with Orion, a premier provider of wealth management technology for advisors. This partnership allows XYPN members to leverage the Orion platform's advanced functionalities, featuring a pricing model that prioritizes affordability. Members can start utilizing Orion’s performance reporting capabilities at no extra cost, benefiting from an easy integration within their firms as they expand.
Transformative Impact on Firm Operations
XYPN President Vince Hockett shares insights into how these partnerships enhance operational efficiency for members. He affirms, "Our collaboration with Orion offers enterprise-level portfolio management and reporting tools designed to drive more efficient operations within member firms." Such integrations not only streamline processes but also provide significant cost savings for financial planners.
New Benefits Rollout
The introduction of Holistiplan and Orion represents a significant milestone in XYPN’s history, showcasing the organization’s evolution from a firm launch platform to one that supports ongoing growth and sustainability for financial planning practices. Members now have access to advanced technology solutions that are specifically tailored to their needs, setting a new standard for member support.
Additional Tools and Resources
XYPN is not stopping at its latest tech partnerships. The organization is also unveiling other essential programs geared towards enhancing operational capabilities. For instance, the new Capacity Kit includes optimization services for Wealthbox, as well as consulting assistance aimed at helping advisors manage growth effectively. Alongside traditional services like compliance support and business consulting, this kit addresses the complexities that arise during scaling.
Risk Management Solutions
The newly launched Risk Ready Kit furthers XYPN's commitment to comprehensive member support. This kit features the XYPN Archive+ alongside a Wind Down Assurance program, addressing both compliance and operational risk management with the addition of errors and omissions insurance. It highlights XYPN's proactive approach in safeguarding member interests.
Enhanced CRM Discounts
Members also stand to benefit from more significant savings with an exclusive 60% discount on the Wealthbox Premier tier, a crucial resource for advanced firms looking to optimize their client relationship management.
Commitment to Member Success
XYPN's expanded group errors and omissions (E&O) insurance program now accommodates firms generating between $750,000 and $2 million in revenue. This initiative reflects the overall growth of XYPN and ensures that members are well-supported regardless of their business size.
As XYPN continues to innovate and expand its offerings, the overarching goal remains clear: to equip members with technological advancements and resources that simplify operations and enhance the delivery of high-quality financial services. XYPN’s co-founder and CEO Alan Moore emphasizes this commitment, stating, "By expanding our partnerships, we aim to assist our members in delivering truly remarkable value to their clients."
Frequently Asked Questions
What new benefits have been introduced for XYPN members?
XYPN has introduced partnerships with Holistiplan and Orion, providing access to tax planning and wealth management technologies, respectively.
How does the Holistiplan partnership benefit XYPN members?
Members gain free access to Holistiplan, enhancing their tax planning capabilities and providing deep discounts for existing practices.
What types of services are included in the Capacity Kit?
The Capacity Kit includes Wealthbox CRM optimization, compliance consulting, and business consulting to support advisors in scaling their operations.
How can members utilize Orion's services at no cost?
Members have the option to start with Orion’s performance reporting at no cost, making it easier to incorporate into their existing systems.
What does the Risk Ready Kit offer to members?
The Risk Ready Kit includes the XYPN Archive+, Wind Down Assurance, E&O insurance, and a compliance program review to help stabilize operations.
