Learn how to effectively use the Build a Strategy function to create personalized and actionable strategies, customize financial plans, and address unique client scenarios by integrating tailored action items and timelines
What is "Build a Strategy"?
The Conquest application is equipped with a comprehensive selection of pre-built planning strategies that can be easily customized and implemented to suit various needs. However, real-life scenarios often demand tailored solutions.
The Build a Strategy feature empowers you to create unique, specialized strategies from scratch, allowing you to address specific situations without relying on the predefined settings of existing strategies.
The Build a Strategy feature empowers you to create unique, specialized strategies from scratch, allowing you to address specific situations without relying on the predefined settings of existing strategies.
Accessing Build a Strategy
Step 1
Firstly, navigate to the Planning tab and then click on the Expert Planning option.
Step 2
Next, click on the More button.
Step 3
Next, scroll down all the way to the bottom and click the Build a Strategy button.
Step 4
Now, you will have access to the Build a Strategy page.
Build a Strategy Features
- When you access the Build a Strategy function, you'll first be prompted to provide a Strategy Title, allowing you to name the strategy.
- Next, use the Why field to briefly summarize the rationale behind the strategy, such as why it aligns with the client’s goals or why it’s being recommended.
- In the How field, describe the specific action item to be completed—for instance, "Switch the investment model portfolio from conservative to growth-oriented."
- The Owner field lets you designate whether the strategy is actionable by the client or the advisor, ensuring clarity of responsibility. You can also assign a due date to track the timeline for implementation.
- To refine the strategy further, use the Change Data dropdown menu to add action items, selecting from categories like Client Data or Estate Planning. Multiple action items can be incorporated to create a comprehensive and tailored strategy, seamlessly integrating it into the client’s financial plan.
