Getting Started with FM-Pro

Financial Mappers will be undergoing a major upgrade towards the end of October 2023.  We have updated the Overview Document and Getting Started Documents.  Existing clients will be notified the day before the changeover.  Please watch the video, Introduction to Financial Mappers Upgrade.

The aim of the Resources Page is to introduce advisers requesting more information about Financial Mappers Pro. It is also used by advisers using the software and this page is linked to the software. It is recommended their main reference material is found in the Masterclass Documents.

Note on Videos: These videos have been developed over the last seven years. With constantly updating the software features, some of the screenshots of the software may be out of date, and references to specific numbers, such as Template Reports may also be out of date. The PDFs are kept up to date with the latest information.

The Trial Process

After reviewing these Resources, book a Zoom meeting with Glenis Phillips using Calendly. Here you can discuss your particular needs and how FM may help your practice. Following the meeting, you will be given the log-in details to our demonstration platform, where you can trial the software. Over the first 2 weeks of the 30-day trial, you will be sent seven automated emails. This is intended to draw your attention to specific features of the software.

 

If you decide to proceed, return to the Resources Page/Onboarding Process and complete the FM-Pro Agreement. You will then be sent a link to commence uploading your platform, together with an invoice. Please reach out to Glenis if you have any questions. (gl*************@******************om.au Phone 0411 086 532)

Core Software Features

Creating a plan starts with entering the client’s current financial position. This can be added by either the adviser or the Connect Client (one who has access to the software via the Client Portal). The adviser immediately has access to a 5-page report detailing the clients’ current finances and other important information.

A quick Insurance Needs Evaluation is very useful to demonstrate quickly to clients whether or not they have sufficient cash flow if they should suffer one of three adverse events in any of one of the first 3-years of the plan.

Financial Mappers has an extensive set of Modelling Tools that allow you to demonstrate a range of outcomes when the long-term average returns are disrupted.

Asset Allocation and % of Growth Assets are automatically calculated by the software. The software will also give an approximation of likely future Means-Tested Pensions based on the Income and Asset tests.

The software has a very detailed Joint SMSF account that is integrated into the total plan. It calculates the balances for both partners according to Contribution Type.

 

Productivity Features

The Report Builder allows you to completely customize the reports for use by advisers or clients. A comprehensive set of Template Reports are also provided. Financial Mappers can provide templates for the exclusive use of a Dealer Group or Company. The software allows the adviser to write their SOA in the software, based on the plan created for the client.

Watch this short video that describes how to use the SOA Editor to write specific advice for a plan. Read the guide, “How to write an SOA using the SOA Editor Panels” to supplement the video.

Financial Mappers has several client engagement tools to enhance the way in which advice is delivered to clients. With the security of emailing in doubt, it is recommended that you consider the optional feature of Connect Clients. This will provide you with a secure means of sharing documents, plans, and Q&A within the Client Portal. This is an optional service for which there are additional fees.

Custom Pro Site & Team/Client Admin

Members of your team can be granted access to the software and sometimes they may also have administrative roles. Since creating this video, the role of Office Admin has been created. This gives the person access to the USER page. Updated information on all roles is included in the PDF,

Two videos have been created for advisers to share with their clients. Links to both videos are included in the Getting Started Guide for Connect Clients.

Financial Mappers Pro Onboarding

Masterclass Documents

Academic Use

The following information supplements the other resources for academic coursework. Contact Glenis Phillips to discuss your needs.