RightCapital Provides Right Tool For Financial Planning Classes

RightCapital, based in Shelton, Conn., is giving students enrolled in personal financial planning programs at 20 large universities nationwide free subscriptions to its award-winning software.

The firm’s software can create custom comprehensive financial plans. Access to the software will better prepare students for their future career by enhancing their learning and better preparing them to enter the workforce, RightCapital says.

The software helps students dive into actual planning concepts, such as taxes, and creates an entire financial plan as a project. It also helps them prepare a 1040 tax return on their own.

To learn more about the program, contact Anne Laffin at (203) 712-7770 or [email protected].

RBC GAM Now Offering I Class Shares Of Premier Mutual Funds To U.S. Buyers With No Transaction Fees

For the first time ever, Royal Bank of Canada Global Asset Management is letting U.S. retail investors and RIAs purchase institutional class shares of its premier mutual funds through Charles Schwab & Co. Inc.’s Mutual Fund OneSource service with no transaction fees.

As of September 3, 2019, the following mutual funds are available on this platform: the RBC SMID Cap Growth Fund (TMCIX); the RBC Small Cap Value Fund (RSVIX); the RBC Global Opportunities Fund (RGOIX); the RBC International Opportunities Fund (RIOIX); the RBC Emerging Markets Value Equity Fund (REMVX); the RBC Impact Bond Fund (RIBIX); the RBC BlueBay Emerging Market Debt Fund (RBESX); the RBC BlueBay High Yield Bond Fund (RGHYX); and the RBC Short Duration Fixed Income Fund (RSDIX).

By eliminating transaction fees, buyers can purchase the mutual funds at lower cost.

RBC Global Asset Management (U.S.) Inc. is the advisor for the RBC Funds. The funds are distributed by Quasar Distributors LLC.

To obtain a copy of each fund’s prospectus, visit the RBC GAM U.S. website, or call (800) 422-2766.

New Online Underwriting Tool Delivers Instant Life Insurance Quotes

Life insurance applicants can now receive an accurate, real-time underwriting quote from their advisor through Lincoln Financial Group’s new online self-service tool, Spectra.

Spectra uses Lincoln’s automated underwriting guidelines to provide advisors with quotes on behalf of clients. The quotes cover more than 200 medical, avocational and occupational risks, without the need to e-mail or call a Lincoln underwriter.

Advisors can access Spectra 24 hours a day, seven days a week for instantaneous quotes on all permanent and certain term life insurance products. The simple user interface makes it easy to enter data, and the tracking capabilities allow advisors and underwriters to link the quote to formal case submissions. The tool can also provide a range of quotes if the full details of a client’s impairments are not known.

Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates.

Annuities Genius Offers One-Stop Sales Platform

Annuities Genius has made it easier than ever before to sell annuities, according to its website and company founder, David Novak.

With just one click, the one-stop platform compares every single annuity from the 114 carriers currently available, and new ones are being added daily. All you have to do is walk your prospective client through a few simple questions, enter his or her answers, and in seconds you can provide that person with the annuity that best fits his or her needs.

The majority of annuities will be ready for client purchase upon quote, but if not, the platform will allow advisors to send their client an e-mail or text with the requested quote as soon as it is available.

Annuities Genius is a service of Agatha Global Tech LLC, a software company headquartered in Laguna Hills, Calif.

TruClarity Launches Management Solution For Breakaway Advisors

TruClarity Management Solutions, a Tampa, Fla.-based firm offering transition solutions for advisor independence, has launched TruClarity Wealth Advisors, an SEC-registered RIA.

The RIA, a distinct entity from TruClarity Management Solutions, was created for advisors ready to break away from the captive financial services channels without the full overhead and obligations associated with operating a fully independent practice.

After listening to advisors’ concerns about leaping towards autonomy, this RIA was developed to deliver a new, flexible solution, using the support structure of the tuck-in model. The model is unique because it fully accommodates those advisors who may want a gradual transition to full independence.

TruClarity Wealth Advisors’ goal is to make the advisor’s tuck-in experience seamless by taking care of compliance, HR, custodial relationships and other operational components for advisors so they can focus on clients.

TruClarity Wealth Advisors will provide full support on advisors’ journey to independence, as well as post-break, ongoing back office services from TruClarity Management Solutions.