Best Use Of Technology

We are delighted to announce that HapNav has been shortlisted as The Investment Life & Pensions Moneyfacts Awards finalist in Best Use of Technology in the Investment Life & Pensions Sector.

HapNav - The Happiness Navigator! - is the world’s first customer-directed Openbanking-powered financial planning application. It is available exclusively through the Academy of Life Planning.

 

HapNav - The Happiness Navigator!

Giving You The Controls To Your Finances: World's First End-User Financial Planning App With Open Banking Inside!

 

Giving Control To The End-User For Portability, Privacy, And Ownership.

"I really like this. Steve, by the way. I just think the profession has a tendency to over engineer things and overcomplicate things. And it's easy to look at it and think, "Oh, it's so simple". ... I think it's so simple. And that's good. Really good. So yeah, my feedback is very, very positive." - Tony Fields, TheKatalystCoach.com.

Best Low-cost Financial Planning App For Groups And Subscribers

FT Adviser May 12 2022

Happiness Navigator (HapNav), a digital planning experience that allows consumers to identify and manage risks to their future financial plans and aspirations.

Citywire May 13 2022

People need to be shown how to navigate the cashflow valley successfully and build back better. And technology-based financial planning can deliver this.

Free Tech Support & Frequent Training Sessions For Members

TECH HELP FOR MEMBERS

A key benefit of membership is FREE technical help and support on HapNav - the Happiness Navigator. This service includes an invitation to our monthly HapNav User Groups Zoom Meeting for training and support. Sign Up Today!

 

Open Banking Integrated To Be Accurate And Constantly Updated

Unique Financial Planning: Only End-User Planning App With Banking

Welcome to HapNav - the happiness navigator. Brought exclusively to members of the Academy of Life Planning in partnership with Envizage.

 

With 30-Day Free Trial!

The Full Power Of Financial Planning In Your Hands

End-User Wealth Forecast Modellor

Now you can create your own financial plans on your own, in groups, or one-to-one with a planner. We give you the controls, so take control.

With MoneyHub Open Banking Integration

User-friendly front-end, uniquely integrated with Open Banking for real time valuation updates. Simulated returns, not linear projection assumptions.

Designed For Multi-user Web Classes

Better commercials for NIFP SMEs than Voyant, Truth, Cashcalc where you pay regardless. User paid. Free for planners, no usage no charge.

Just £6.99 per month, plus 30-Day Free Trial

FIX IT! functionality - suggestions for making good shortfalls are not just product related. Low price, plus amazing free trial.

Why Is This App Important?

Distributors and their wealth tech buddies are sat on client data because it is how they get paid—holding their clients hostage so they can tap into assets for their fees. 

 

User-centred wealth tech applications enable Advice-only Financial Planners to offer all their customers an empowering and portable planning experience.

Why Now?

All historical wealthtech applications are distributor centric.

 

Following GDPR, the global divergence of adviser and distributor roles, and the need to better support a post covid economy, the market needs user centric applications.

Why Us?

HapNav is offered in association with Envizage (a trading name of Lifescale Limited). A WEALTHTECH 100 company in 2020. Together, we develop simulation-based analytic software that helps consumers identify, understand, and manage the risks to their plans.

 

The WEALTHTECH100 is an annual list of 100 of the world’s most innovative WealthTech companies selected by a panel of industry experts and analysts.

If you would like to find out more about the Envizage Partner Ecosystem please check out this link >>

 

Why Do I Need To Use This Financial Planning App?

 

Are you a financial planner? Do you help clients one by one? Would you like to help more?

 

Where are you now?

Maybe you capture client data for every new client. Perhaps the data then sits with you. Legally it belongs to the client. Potentially the client has other advisers who do the same. Capture the same data. Maintain said data. Over and over.

 

Possibly you might move to another firm. The client follows you. You must capture data all over again. Potentially moving your client to yet another investment proposition, on yet another platform, on yet another sales back-office CRM, using yet another Lifetime Financial Forecaster software provider. Do you get the picture?

 

Possibly churning the client from pillar to post, over and over. Charging initial fees over and over.

 

Maybe you've inherited a new client and the wealth tech company won’t allow you to use their system.

 

What then?

 

Potentially a client is left orphaned by an adviser departure, as the old firm chips away at assets In Perpetuum with fees for no service. Locked in. Unserviceable.

 

What's wrong with seeing clients one by one?

 

Advisers exchange time for money. Their time is limited, so too is the number of clients they can see. As you build your client list, annual reviews take up more time. When you reach one hundred clients, you are doing client reviews twice a week. You have little time for new business. You reach capacity.

 

To pay yourself a decent wage you need high fees per client. To achieve £100,000 turnover you need 100 clients each with £100,000 in investable assets where you take 1% per annum. Advisers must set investable asset thresholds at £100k to make a profit. According to the Office for National Statistics only 5% of households have this much in financial assets. Therefore 95% of the population is disintermediated. The so-called, advice gap is created.

 

Then there’s a global economic-social emergency. And, 95% of the population don't have a clue on how their finances have been impacted.

 

If you didn't exchange your time for money, things could be different. But you have no choice when you are giving regulated advice, as each recommendation must be suitable. 

 

What would happen if you gave general advice? What would happen if you exchanged your know-how for money? What if you gave advice to crowds?

 

Can you see the time and money just disappear through distributor-centric business models and wealth tech applications?

 

Where would you like to be?

Imagine this. Like the law says. The data sits with the client. What if, the client shared said data with all their advisers. Here is one wealth tech application per client for life.

 

Picture this. Set up once. Maintained once. Over a lifetime. By the client. No initial cost!

 

Now imagine you have 100 clients on your £500 webinar. Each with their own wealth tech application. The adviser facilitates generic advice and financial education. The client runs the money. In a market where intermediation, investment returns, and platforms are commodities, viewable from that single wealth tech application.

 

Now imagine you have 1,000 clients download your £50 “HOW TO” eBook and pre-recorded webinar! Each client has their own wealth tech application.

 

The adviser exchanges know-how for money. Knowhow is unlimited, so too is the number of clients they can see. Their business is unlimited. No thresholds.

 

No advice gap.

 

Sound interesting?

I’m sure you would agree that if regulated one-to-one is where you are, and non-regulated one-to-many (or none-to-many) is where you want to be, then you need a system, vehicle, or solution to get you from A to B.

 

Well, that system is HapNav, the UK-based FinTech API available from the Academy of Life Planning in partnership with Envizage.

 

 

“The Envizage simulation engine considers risks to a household’s future plans from financial markets as well as from life events like mortality, disability, health, and long-term care. Its next-best actions cover the full range of financial products, from savings and investments to insurance and borrowing, as well as lifestyle and other considerations.” - Capgemini, 2019 Retail Banking Executive Interview Survey, September 2019.

 

TRY IT NOW ON 30-DAY FREE TRIAL

Test drive HapNav with our 30-day free trial. Let us know what you think.

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