PlanPlus Educational Offering
From Planipedia
Contents |
Overview
PlanPlus believes that support of financial planning education is critical for the evolution of the profession, the betterment of the advisors and the best interests of the public. This belief is driven by a desire to see higher standards in the industry, but is also motivated by self-interest – we are not a charity. PlanPlus builds some of the top financial planning tools in the world today and advisors who do higher levels of planning will be looking for the type of software and training we provide.
PlanPlus Offers to Educators & Associations
PlanPlus offers the following solutions for accredited educational organizations and associations:
- PlanPlus for Students – the same financial planning software as used by professional financial planners in various countries worldwide at this time. The professional version of this software retails for as much as $1500/annum US to professionals. The only differences between PlanPlus for Students and PlanPlus Planit are:
- Limited number of client cases
- Branded for educational purposes – not for use with clients
- Morningstar product information and pricing only updated once per term.
- No integration to back office systems for client data.
- FinaMetrica Psychometric Risk Profile – A solution for true psychological test for risk tolerance. This tool is fully integrated to PlanPlus for Students.
- PlanPlus Student Workbooks – an educational workbook that includes worked examples, student exercises and case studies. This workbook as been localized for:
- Canada
- Malaysia
- Malaysia Islamic Financial Planning
- Singapore
- China (English – not translated yet)
- United Kingdom
- Instructors Answer Guide – a 60-page guide for instructors that shows worked solutions to the exercises in the Exercise Workbook.
Note: PlanPlus for Students is a fully web-based/Internet planning solution, hosted and maintained by PlanPlus in a secure IBM data centre. PlanPlus assumes all costs for hosting and maintenance of the system.
Pricing
Access to the software is usually FREE based on the following conditions:
- Used in conjunction with a recognized financial planning designation program (ie CFP), or university level degree (ie B.FP)
- Under 250 students per semester
Fees may apply for:
- larger program delivery;
- Inclusion in for-profit training programs not associated with a designation or degree program;
- Use of PlanPlus classroom training programs
- Accreditation in the use of PlanPlus Planit.
- Professional programs requiring help desk access or other services.
PlanPlus may elect at its disgression to offset any fees against academic achievement awards or other effort that further enhance the student, community and professional versions of the software.
How to Proceed
If you represent an educational body and are interested in making PlanPlus for Students available to your students:
- Contact PlanPlus at info@planplus.com and a region will be created for you institution;
- You will be given adminitrative access to the system to manage the creation of "Classes"
- When a new class is started, you will provide students a ClassID you create and direct them to a self-registration page;
- Students will register their own IDs, names etc and link to the associated class in your institution.
That's it! Simple, low-management effort.
