Did you know you can stop manually comparing funds and let Xplan’s "Automatic Plan Review" do it for you based on your firm’s approved product list?
Why?
- Kill the "Comparison Fatigue": Instead of manually adding products and selecting model portfolios for every rollover scenario, the system automatically checks the client’s current fund against your "Hold" list.
- Standardised Advice: It ensures every planner in the firm is recommending the right "Acquire" product based on the client’s specific age and balance brackets.
- Risk Profile Alignment: It automatically maps the client’s risk profile to the corresponding Model Portfolio, removing the risk of manual selection errors.
How?
- Set the Rules (Admin): Navigate to Research > WealthSolver > Settings > Automatic Plan Review. Define your Hold list (funds you’re happy to keep) and your Acquire list (your preferred replacement funds).
- Bracket your Strategy: In the Acquire list, group products by age and balance (e.g., Fund A for clients under $200k, Fund B for clients over $200k).
- Run the Scenario: Inside a client's WealthSolver, create a new scenario and select Automatic Plan Review as the Proposal Type.
- Review the Result: Xplan will instantly show you the recommendation. If the current plan isn't on your "Hold" list, it will automatically propose the correct "Acquire" fund and matching Model Portfolio.
Pro Tip
If you have a client with a legacy fund that you know you want to keep—even if it isn't on your firm's standard Hold list—you don't have to fight the system. Just tick the Hold box on the existing plan within the proposal. WealthSolver will instantly recalculate the fees and asset allocation to account for your manual override, keeping your "expert human" status intact.
See how here: Automatic Plan Review
