The Challenge
Financial planning is crucial for achieving financial independence. However, many individuals struggle with it due to the vast and fragmented landscape of financial institutions. They often grapple with questions like, "When should I start investing?", "How can I retire early?", or "What if the market crashes?". Recognizing this gap, our client envisioned a unified platform where financial experts can address these concerns and guide clients in effectively managing their finances.
The Solution
In our initial discussions and during the requirements documentation phase, the client expressed a preference for building the app using solely JavaScript and HTML. However, recognizing the advantages of Angular, such as enhanced scalability and maintainability, we recommended its adoption. The client was receptive, and we proceeded with Angular alongside Firebase, Bootstrap, Node.Js, and TypeScript. Additionally, we integrated the Stripe subscription portal, SendGrid email services, and the ngx admin theme for optimal efficiency.
- Advisors can invite clients via email, create their profiles, and collaborate live.
- Client profiles encompass Basic Info, Investment Info, Income, Social Security, Budgeting, and Major Purchases.
- Post-profile setup, advisors view client financials on the dashboard.
- Advisors can seamlessly toggle between client profiles.
- Screen Sharing allows mutual, real-time profile updates.
- Live updates on Scenario, Tax Strategies, Spending Rules, etc.
- Advisors choose and modify subscription plans, either monthly or yearly.
- Scenario testing reveals impacts on financial portfolios.
- Historical market data is provided for client clarity.
- Tax Strategies offer withdrawal comparison methods.
- Comprehensive reports showcase financial plans, tax/spending strategies, and scenario simulations.