"One-click" estate need functionality.
A powerful "estate what-if" section that can compare multiple scenarios side-by-side.
A unique feature that demonstrate the clients' ability to fund estate strategies (such as paying an ILIT premium) and still meet goals.
Calculations for three periods: die today, die in future year and die at life expectancies.
A new asset ownership and beneficiary report.
Estate flow charts.
Version 5.0 will also include improvements to the asset allocation portion of the program, including a more complete risk tolerance questionnaire, the ability to select a target allocation before running what-if scenarios, and additional graphs.
The reporting package will receive an overhaul that includes an improved custom reporting interface, page previews of reports and the ability to copy and modify an existing report. Advisors will be granted greater control over client access to "shared" reports.
A number of additional enhancements will be available solely to enterprise clients. Institutions will have access to an implementation module which can: create standard auto-allocation solutions using multiple products to fulfill each class (such as a wrap account); create an approved product list; enable the user to select an auto-allocate function or, as an alternative, select individual products from an approved list to recommend buys; and re-balance the portfolio as products are selected.
Institutions using MoneyGuidePro 5.0 will be able to integrate Morningstar Workstation data into their plans if they are subscribers to both services.