Overview
We are excited to announce enhancements to your Governance, providing richer details to both clients and advisors through the Governance workbench. These improvements aim to streamline the user experience by offering comprehensive financial information without the need for multiple clicks.
Key Updates
As an advisor or client, we recognize the importance of quick access to governance details. To facilitate this, we have revamped the Governance titles, now encompassing the following categories:
Investment/Financial Account:
- Account Type
- Owner
- Balance
- Provider
Investment Property:
- Description
- Owner
- Value
Company:
- Company Name
- Value (percentage ownership-based)
Trust:
- Type
- Name
- Amount
External Entity:
- Name
Real Estate:
- Name
- Owner
- Value
Vehicle:
- Make + Model
- Owner
- Value
Other Asset:
- Description
- Owner
- Value
Insurance:
-
Insurance type
-
Life Insurance
-
Disability
-
Long-term care
-
Umbrella
-
Health
-
Other
-
-
Insurance sub-type
-
Defined within dropdowns when you add each of the insurance types.
-
i.e. Life Insurance → Whole Term
-
-
Owner
-
Cash value
-
Insurer name
-
Premium amount
-
Premium frequency
Loan:
- Type
- Owner
- Balance
Credit Card:
- Description
- Owner
- Balance
Salary:
- Owner
- Gross annual compensation
- Annual commission (where applicable)
- Annual bonus (where applicable)
Pension/Annuity:
- Owner
- Monthly Amount
Other Income:
- Owner
- Description
- Amount
- Frequency
Net Worth Module
For seamless integration, the Net Worth module mirrors the same name/description used in the Governance tiles for assets and liabilities.
Visual Representation
Refer to the visual guide below for a detailed view of these updates.
Further Reading
Explore more about the Your Governance module through our comprehensive guides:
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