Our Process

A solid plan may help increase your chances of reaching your financial goals, and eMoney® is the tool that helps us create that plan. Designed with our clients in mind, eMoney enables personalized plans better tailored to your lives. With eMoney, we can develop a comprehensive plan that includes cash flow planning, success probability tracking and a funding status to show how much you need to help achieve your goals.

eMoney also integrates with other tools, offering an overall view of your finances. One of these tools is LifeSync in the Wells Fargo mobile app. With LifeSync, you can set and track your goals anytime. New goals sync with your advisor for better collaboration. We can stress test scenarios addressing questions like how much should I contribute to my education plan, or how much can I spend in retirement?

The power of eMoney lies in its impactful visual illustration, showing how your plan looks today and how different scenarios may impact your goals.

Disclosures

Based on accepted statistical methods, eMoney uses a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments. Using Monte Carlo simulation this report uses up to 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.