Why is Account Aggregation Important to you? Who won the tablet?

Why is Account Aggregation Important to you? Who won the tablet?

If you are not familiar with Account Aggregation, the team at AEGIS Financial offers this as a service allowing you to connect to and view all of your financial accounts, including those held elsewhere, in one place. Better said, it’s “Your financial world in one place.” You are able to aggregate account information from more than 8,900 financial institutions and can have the accounts automatically updated every night.

In addition, Account Aggregation allows you to view your bank and credit union checking and savings accounts, 401(k) accounts, credit cards, mortgages, and more. Not only can you view accounts, but you can manually enter assets like jewelry, collectibles, cars and real estate to help you build the full picture of your total net worth.

One of the most important questions is, “Would my information be safe if it was in one location?” The answer is, that is the intention! Account Aggregation is supported by technology built to the highest standard of information security and offers the user multiple layers of protection every step of the way. Your data is aggregated using three highly secure methods to ensure all sensitive information remains private and protected. Account Aggregation is continuously monitored by security experts 24 hours a day, 7 days a week with numerous security checks built into the application.

Why is Account Aggregation important to you and your advisor?  Account Aggregation allows your advisor to have a complete picture of your entire net worth (both assets and liabilities).  Account Aggregation also integrates with Goal Planning & Monitoring and Investor Access, our online tool to view your accounts.  These tools together enable us determine the most effective plans taking into consideration your goals, asset allocation targets, spending or savings rates, social security options, tax implications, inflation, and expenses. The result is an interactive financial plan with actionable recommendations that we monitor to keep you on track to meet your retirement goals.

Because of the benefits of Account Aggregation we wanted to provide an incentive for clients to use this service. For every account you added, to Account Aggregation, your name was entered in a drawing for a free iPad. The promotion ended in November and we pulled the winner on December 7th. We want to officially announce the winner of the AEGIS Financial Account Aggregation promotion. Carmen H. won the tablet. Congratulations Carmen!

If you have further questions about Account Aggregation or would like assistance in connecting your accounts, please contact your Client Service Associate at AEGIS Financial or your advisor at 920-233-4650 for assistance.