The average person has at least 25 online accounts. Think Facebook, Twitter, Pinterest, Yelp, Google, and the list goes on. Of those, there are probably at least five financial accounts you have with five different logins: your checking and savings accounts, credit cards, auto loans, mortgage, and investment accounts. Wouldn’t it be nice if you could see all your finances in one place?
Over the past few months, I’ve been looking for ways to make our client experience a better one. One of the wishes I often heard was for the ability to consolidate all of one’s accounts, across all financial institutions, so people could see their entire wealth in one place.
Blueleaf is the system I found that does all that. 401(k)’s, 403(b)’s, Scottrade, Schwab, Ameritrade, Fidelity, mortgage, bank accounts – everything – is captured in one place for clients to see. And most importantly, it’s secure. It uses bank level encryption, and the person who programmed the security has a Ph.D in cryptography from Harvard and the head engineer was the Chief of Internet Operations at the Pentagon for 6 years. Client information is safe.
Here’s what Blueleaf does:
1. Makes it very simple for clients to see how their finances are doing.
2. Tracks their investment performance, across all financial institutions.
3. Helps clients share information without sending paper back and forth.
In addition, this aggregated information can be directly linked into financial planning software so clients can see where they are in their financial plan at any given time, and know with greater certainty where they will be a number of years out.
Rainier Trinidad, CFA
San Diego and Coronado’s Fiduciary Financial Advisor
Parabolic Asset Management
206 J Avenue
Coronado, CA 92118
Investment Risk Disclaimers: (i) Investments involve risk and are not guaranteed to appreciate, and (ii) Past performance is no guarantee of future results.