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A comprehensive financial planning and portfolio management platform offering market data, research, analytics, and planning tools. Includes client reporting, risk assessment, and goal-based planning capabilities.
Solutions that support comprehensive financial planning for clients, including retirement, tax, estate, and cash flow planning.
More Financial Planning Tools
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Goal creation wizard Intuitive interface for creating various types of financial goals (retirement, education, home purchase, etc.) |
Refinitiv Workspace for Wealth Advisors provides interactive, goal-based planning; documentation mentions intuitive workflows for goal setting. | |
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Goal prioritization Ability to rank and prioritize multiple financial goals |
Product enables advisors to prioritize and manage multiple financial goals for clients. | |
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Goal progress tracking Visual indicators of progress toward financial goals |
Includes visual dashboards for tracking financial goal progress. | |
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Goal adjustment tools Ability to adjust goals based on changing circumstances |
Allows dynamic modification of goals in response to client changes. | |
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What-if scenarios Simulation tools to test different financial scenarios and their impact on goals |
What-if and scenario analysis is a core feature as stated in product literature. | |
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Automated goal recommendations AI-driven suggestions for realistic goal setting based on client financial profile |
No information available | |
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Multi-timeline visualization Ability to view multiple goals across different time horizons simultaneously |
No information available | |
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Goal linkage to accounts Direct connection between specific accounts/investments and designated goals |
Goals can be linked to specific client accounts and tracked against associated assets. | |
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Goal-based reporting Customized reports showing progress toward specific financial goals |
Reporting section highlights progress-to-goal analysis and reporting for clients. | |
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Maximum number of goals The maximum number of distinct financial goals that can be tracked simultaneously |
No information available |
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Portfolio rebalancing Automated or manual tools to rebalance investment portfolios to target allocations |
Portfolio rebalancing (manual and automated) described as available feature. | |
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Model portfolios Pre-configured investment models based on risk profiles and objectives |
Model portfolios are used for client onboarding and investment proposal workflows. | |
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Custom asset allocation Ability to create and implement custom asset allocation strategies |
Custom asset allocation strategy is supported via flexible model management. | |
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Tax-loss harvesting Tools to identify and execute tax-loss harvesting opportunities |
No information available | |
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ESG/SRI screening Capabilities for environmental, social, governance or socially responsible investment screening |
No information available | |
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Performance reporting Detailed performance analytics including returns, benchmarking, and attribution |
In-depth portfolio performance reporting and analytics are a central offering. | |
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Risk analytics Advanced risk measurement tools including volatility, drawdown, and stress testing |
Risk and scenario analytics (including portfolio level risk) detailed in documentation. | |
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Alternative investment support Ability to include and analyze alternative investments within portfolios |
No information available | |
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Asset location optimization Tools to optimize which investments are held in which account types for tax efficiency |
No information available | |
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Portfolio optimization tools Advanced optimization algorithms to maximize returns for given risk levels |
Advisors can run optimization analysis to maximize return for a given risk profile. | |
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Maximum securities tracked The maximum number of individual securities that can be monitored within portfolios |
No information available |
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Retirement income projections Tools to project income needs and sources during retirement |
Retirement income needs, timelines, and assets can be modeled and projected. | |
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Social Security optimization Analysis tools for optimizing Social Security claiming strategies |
Social Security optimization referenced as part of retirement planning tools. | |
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Monte Carlo simulations Probability-based analysis of retirement outcomes using multiple scenarios |
No information available | |
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Required Minimum Distribution calculator Tools to calculate and plan for RMDs from retirement accounts |
No information available | |
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Longevity risk analysis Analysis of the impact of different life expectancies on retirement plans |
No information available | |
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Healthcare cost projections Estimates of healthcare and long-term care costs in retirement |
Healthcare cost projections included in retirement planning modules. | |
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Retirement account optimization Analysis of optimal contributions and withdrawals across different retirement account types |
No information available | |
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Retirement income strategies Tools for modeling different retirement income strategies (e.g., bucket approach, systematic withdrawals) |
No information available | |
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Retirement lifestyle modeling Ability to model different spending patterns and lifestyles in retirement |
No information available | |
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Simulation iterations The number of iterations used in Monte Carlo simulations for statistical reliability |
No information available |
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Tax projection tools Capability to project tax liabilities under various scenarios |
Tax projection and scenario tools referenced as part of financial planning workflows. | |
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Tax-efficient withdrawal strategies Analysis of optimal account withdrawal sequences to minimize taxes |
No information available | |
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Capital gains planning Tools to manage and optimize capital gains realization |
No information available | |
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Charitable giving strategies Analysis of tax-efficient charitable giving options |
No information available | |
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Estate tax planning Tools for estimating and planning for potential estate taxes |
No information available | |
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Tax bracket management Strategies to manage income levels relative to tax brackets |
No information available | |
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Tax-loss carryforward tracking Ability to track and utilize tax losses carried forward from previous years |
No information available | |
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Alternative Minimum Tax analysis Tools to project and plan for potential AMT implications |
No information available | |
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Multi-state tax planning Support for tax planning across multiple state jurisdictions |
No information available | |
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Tax update frequency How frequently the system updates tax rates, brackets, and rules |
No information available |
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Estate distribution modeling Tools to model different estate distribution scenarios |
No information available | |
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Trust planning tools Support for analyzing different trust structures and their implications |
No information available | |
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Beneficiary management Tracking and management of beneficiary designations across accounts |
Platform allows management of beneficiary designations as part of overall client profile. | |
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Gifting strategy analysis Tools to optimize lifetime gifting strategies |
No information available | |
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Business succession planning Support for planning business ownership transfers |
No information available | |
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Estate document inventory Secure storage and management of estate planning documents |
No information available | |
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Dynasty planning Multi-generational estate planning tools |
No information available | |
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Charitable legacy planning Tools for incorporating charitable giving into estate plans |
No information available | |
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Estate tax projection Projection of potential estate tax liabilities under different scenarios |
No information available | |
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Maximum generations modeled The number of family generations that can be included in wealth transfer planning |
No information available |
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Client portal Secure online access for clients to view their financial plans and information |
Client portal with secure online plan access documented as a standard feature. | |
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Mobile app access Dedicated mobile application for client access on smartphones and tablets |
Refinitiv Workspace offers a mobile app for client and advisor access. | |
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Document sharing Secure exchange of documents between advisors and clients |
Document sharing between client and advisor is included for planning and reporting. | |
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Co-browsing capability Ability for advisors and clients to simultaneously view and interact with the same screens |
No information available | |
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Client task management Assignment and tracking of client action items |
Task management features described in documentation to assign and track client actions. | |
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Virtual meeting integration Built-in or integrated video conferencing capabilities |
Workspace integrates with virtual meeting solutions and enables video meetings. | |
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Collaborative goal setting Tools allowing clients and advisors to collaboratively establish financial goals |
Collaborative tools for joint goal creation and review are highlighted in planning modules. | |
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Notification system Customizable alerts and notifications for clients and advisors |
Platform supports customizable notifications and alerts for clients and advisors. | |
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Client feedback tools Mechanisms for collecting and managing client feedback |
No information available | |
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Maximum document storage The maximum amount of document storage available for client files |
No information available |
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Account aggregation Ability to automatically collect and consolidate data from multiple financial institutions |
Refinitiv's account aggregation service consolidates holdings from multiple institutions. | |
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Banking integration Direct connections to banking systems for transaction data |
Direct connectivity to banking data sources is supported. | |
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Investment platform integration Direct connections to investment platforms and custodians |
Integration with primary investment platforms is a key product attribute. | |
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CRM integration Connectivity with customer relationship management systems |
CRM integration supported (e.g., Salesforce), as advertised. | |
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Document management integration Connections to document management systems |
Platform interoperates with document management systems for secure archiving. | |
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Tax software integration Ability to share data with tax preparation software |
No information available | |
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API availability Availability of APIs for custom integrations with other systems |
APIs made available for custom integrations and automation per developer resources. | |
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Data import capabilities Support for manual data imports from various file formats |
Manual and file-based data import is available for onboarding and account transfer. | |
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Real-time data updates Frequency of automatic data refreshes from integrated sources |
Data feeds from institutions are updated in real time or near real time. | |
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Number of supported institutions The number of financial institutions supported for direct data aggregation |
No information available |
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Customizable reporting Ability to create and customize client-facing reports |
Report customization options detailed in marketing and support materials. | |
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Interactive dashboards Dynamic visualization tools for exploring financial data |
Interactive, dynamic dashboards with financial visualizations are prominently featured. | |
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Scenario comparison Side-by-side comparison of different financial scenarios |
Side-by-side scenario comparison enabled in financial plan modules. | |
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White-labeling options Ability to brand reports with advisor/firm branding |
Reports can be produced with custom branding per advisor/firm. | |
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Scheduled reporting Automated generation and delivery of periodic reports |
Users can schedule the automated generation and delivery of reports. | |
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Benchmark comparison Ability to compare performance against relevant benchmarks |
Benchmarking tools available for comparing client or portfolio performance to indices. | |
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Peer group analytics Comparison of client situations against similar demographic groups |
No information available | |
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Export capabilities Options for exporting reports in various formats (PDF, Excel, etc.) |
Reports can be exported in PDF and spreadsheet formats. | |
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Regulatory compliance reporting Generation of reports required for regulatory compliance |
Regulatory and compliance reporting is supported as per product documentation. | |
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Report generation speed The average time required to generate complex financial reports |
No information available |
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Data encryption Encryption of sensitive data both in transit and at rest |
System uses encryption at rest and in transit, as stated in security resources. | |
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Multi-factor authentication Additional security layers beyond password protection |
Platform supports MFA for secure authentication. | |
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Role-based access control Granular permission settings based on user roles |
Permission and role management described as a standard security feature. | |
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Audit logging Detailed tracking of all system access and changes |
All user and admin activity is tracked with audit logs for compliance. | |
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Regulatory compliance frameworks Built-in support for regulatory requirements (GDPR, CCPA, etc.) |
GDPR and other regulatory framework support referenced in trust center materials. | |
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Data residency options Control over geographic location of data storage |
No information available | |
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Secure client communication Encrypted communication channels with clients |
End-to-end encrypted messaging and document transfer as outlined in product specs. | |
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Vulnerability testing Regular security testing and vulnerability assessments |
Vulnerability assessment and regular security testing are part of LSEG's operational standards. | |
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Disaster recovery Comprehensive backup and recovery capabilities |
Business continuity and disaster recovery capabilities subject to external audit. | |
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Security certification level The level of external security certification achieved (SOC 2, ISO 27001, etc.) |
Platform and infrastructure certified to SOC 2 and/or ISO 27001, per LSEG's disclosure. |
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