PureFacts Partners With Cascades Financial Solutions, a Retirement Income Planning Tool That Provides Tax-efficient Decumulation Strategies

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

PureFacts Financial Solutions, a leading provider of mission-critical wealthtech solutions, has taken an ownership stake in Cascades Financial Solutions Inc.

Cascades is a retirement income planning tool that empowers financial advisors to enter the rapidly growing retirement decumulation space while protecting and growing their assets under management.

Cascades has revolutionized the way that advisors can help clients plan for retirement by creating a detailed report outlining the income tax savings of competing withdrawal strategies. It enables an advisor to provide in-depth, tax-efficient advice for retirement income planning that they could never do before on their own.

Key features:

  • Retirement income calculator that solves for a sustainable net retirement income from all income sources, quickly answering the most critical question retiring clients face, Are we going to be okay?
  • Solution that clearly demonstrates the value of financial planning advice at a time of increasing regulation and transparency.
  • Intuitive platform that educates advisors wanting to enter the retirement decumulation market.

“Were always on the lookout for exceptional value-add partners who can enable our clients to help their clients live their best lives. Developed from the ground up by advisors, Cascades helps investors with their retirement income planning, so it was a perfect fit, says Robert Madej, PureFacts CEO. Were excited to add the Cascades decumulation platform to our offering to help our clients increase the value of their advice.

PureFacts is integrating Cascades breakthrough retirement income software into their suite of wealth management solutions. Depending upon their needs, firms can access Cascades as:

  • A standalone retirement income planning solution with no integration.
  • A complete front, middle and back office wealth management solution with financial data integrations and goals-based investment and retirement income planning modules.
  • An API-enabled retirement income planning solution to any existing digital ecosystem.

Poor tax planning can cost a client hundreds of thousands of dollars in lost retirement income, says Ian Moyer, Co-founder of Cascades Financial Solutions. With Cascades, advisors not only save clients taxes, they can save them from devastating advice. Prior to Cascades, there was no tool on the market that could tell an investor with confidence that theyd have enough money when they retire.

Co-founder, Jonathan Kestle emphasizes that there is a fundamental lack of decumulation planning advice at a time when the aging demographic so badly needs it. We believe that financial advisors who embrace and leverage new technology like Cascades will attract the assets and replace the advisors who dont.

About PureFacts Financial Solutions:

Ranked a WealthTech 100 Company for 2020, PureFacts provides wealth management solutions for the financial services industry in Canada, USA, UK, and the Caribbean. PureFacts uses AI, big data, and their industry expertise to help firms realize value, increase productivity, reduce costs, and create an enhanced customer experience.

Media:

Leslee Vivian

Director, Communications

[email protected]