Track Net Worth
This dashboard will show you which of your contacts' accounts are assets and liabilities. If they do not have any accounts listed, use the + Add Account button to add accounts. Notice that advisors can only add property, insurance, and manual accounts. Your contacts can use the Link your account option in their dashboard to aggregate accounts directly from their institutions. The Net Worth History chart will display the contact’s overall net worth performance over time. Use the date range tools to isolate particular areas of time to see how their net worth performed. At the bottom of the page, you can toggle over to see which subcategories of assets and liabilities their accounts fall under.
Click on the triangle-shaped button to expand on the subcategory to see which accounts are classified under the subtype. Asset accounts can be classified as cash, property, or investments. Liabilities can be classified as credit cards or loans. Each account will show the account name, the type of account it is, today’s balance, and day change. Day change represents the amount each account has changed in value and percentage day by day. Net worth total is a valuable way for you to see what property your clients and prospects own and the amount of debt they have. By knowing these facts, your clients and prospects can have the confidence that you can make customized recommendations suited for their situation.