Help Center*What is it?
For those users with the account aggregation add-on enabled, advisors are able to review a client's account holdings. In the tools current state, clients can connect checking, generic savings and HYSA, and investment accounts. Keep in mind this functionality only exists for those users with the account aggregation add-on and subsequent connected accounts.
*Beta Reminder: Investment Holdings is currently in beta testing and is provided on an "as-is" basis while we work to improve functionality and enhance feature support. While we strive to ensure the software is functional and reliable, it may contain bugs, errors, or other issues that could affect its performance.
You can request this feature be enabled by reaching out to your account manager at support@savology.com. To learn more about the benefits and cost of account aggregation, visit the User Add-Ons Help Center Article.
Why use it?
As a financial advisor, utilizing the holdings tools can allow you to more effectively guide clients toward their financial goals. This tool provides a single source of truth to a client's financial status, allowing advisors to match client goals with their current state. By helping clients set specific goals, you can facilitate more effective resource allocation, ensuring they prioritize their financial objectives.
How to use it?
-
Navigate to User Admin > Users where you will see a full list of your active users.
-
Search for the individual in the table using the search bar by name or email address, or use the drop-down menu to filter users by group.
-
Once you’ve found the desired user, either click on their name or email address to visit the user details page to see their plan and information.
-
From here, select the Finance Tab then scroll down to the **Account Aggregation dropdown, the first time you execute this for a user, you'll need to select Request Access.
-
Once you've requested access and your client has accepted access via email notification, you will navigate back to the Account Aggregation dropdown.
-
Once you've completed the above steps, you'll be able to review your client's current accounts and respective balances.
**Reminder: Account Aggregation will only appear if the user is only assigned to the correct tier. The user must have the account aggregation add-on, must connect one or more accounts, and must accept your access request.