New product update provides proactive recommendations to improve plans, enables users to issue commands and questions via voice and text

Conquest Planning Inc., (“Conquest”), a technology platform modernizing financial planning with customized and convenient advice, today announced SAM INSIGHTS and Ask SAM, the latest iterations of its artificial intelligence (AI) based strategic advice manager (SAM). Financial advisors using SAM are able to build detailed, flexible financial plans quickly and with a high degree of accuracy. The new SAM enhancements incorporate INSIGHTS, which identifies problems, opportunities and achievements specific to a plan and Ask SAM a Command and Query feature.

The SAM INSIGHTS feature empowers advisors to create financial plans more efficiently and effectively, while providing deeper plan analysis. INSIGHTS leverages AI to improve plan quality by providing proactive warnings when plans are no longer on track, prompts advisors to highlight planning opportunities such as insufficient insurance or new strategy considerations and more. Ask SAM, the Command and Query feature, enables users to navigate the application, ask questions about a plan and search for a report or strategy via voice and text. In the future, advisors using Conquest will be able to ask the application to summarize plans into a digestible takeaway for clients.

“Our mission from day one has been centered on providing advisors with a scalable solution to efficiently build adaptable, personalized plans that evolve with end clients’ changing life circumstances, goals and risk tolerances,” said Ken Lotocki, Chief Product Officer at Conquest Planning. “With SAM INSIGHTS, we’re taking that one step further by empowering advisors to identify gaps and opportunities in clients’ plans to provide an even more robust client experience.”

SAM INSIGHTS will permit advisors using Conquest to delve even deeper into clients’ financial plans by generating insights and revealing opportunities when it comes to estate planning, education planning, retirement planning and more. Plan projections can span up to 60 years, enabling advisors to revisit plans on a recurring basis and make adjustments in real time to remain aligned with clients’ objectives. The new features also include a “SAM Score” that allows advisors to provide an on demand holistic health check on the plan.

“Advisors want to spend less time managing planning applications and technology, and more time serving clients and solving their complex financial challenges,” said Ainslie Simmonds, President of Pershing X. “‘Hands-free planning’ and navigation within the Wove platform is just the latest example of Conquest Planning’s ability to design offerings that increase advisor efficiency. We’re proud to have Conquest as a financial planning software provider on our Wove platform.”

Conquest’s CEO Dr. Mark Evans added, “The days of ‘trial and error’ planning are over. Advisors deserve dynamic, modern solutions that can help them provide actionable advice and reveal hidden opportunities to better demonstrate their value to clients.”

Evans, a pioneer in tech-enabled financial planning, will be performing a live demo of the platform and the new SAM features at Pershing’s INSITE 2024 conference held in Nashville, Tenn. on June 4th-6th.

For more information about Conquest’s intuitive and user-friendly financial planning software solution, please visit conquestplanning.com.

About Conquest Planning

Conquest Planning is Canada’s leading financial planning software company with a purpose-driven approach to delivering financial advice. The product-led company is built on the foundational belief that every single person deserves access to great financial advice. Users of Conquest Planning leverage its intuitively designed product, simple onboarding process, and data-driven artificial intelligence to accelerate the delivery of beautifully designed, hyper-personalized financial plans. Established in 2018, Conquest Planning was founded by a team of financial technology veterans whose track record of success spans over 30 years in the financial planning software space. For more information, follow Conquest on Twitter, LinkedIn and Facebook.

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