intelliflo has teamed up with Estgro, the estate planning technology, to bridge the gap between financial and legal services.
It is aimed at making estate planning and inheritance processes seamless for both advisers and their clients, and in particular addresses the complexities of the Great Wealth Transfer.
Estgro’s tool integrates with the intelliflo office platform, pulling in client data and putting it through features like the “Estate Health Check.” This can help financial advisers provide tailored recommendations for wealth transfer and inheritance tax strategies.
Advisers can then refer clients digitally to their preferred legal suppliers – or select from Estgro’s accredited network – to complete the estate planning process. In addition, advisers can engage clients’ beneficiaries, fostering early discussions to protect family portfolios for future generations.
“The integration with Estgro represents a significant advancement in our partner ecosystem,” said Richard Wake Chief Customer Officer, UK & AU ay intelliflo. “By bridging financial and legal services, we enable advisers to deliver holistic financial advice. Estgro’s innovative approach to using intelliflo data for actionable estate planning recommendations is impressive, we encourage our users to explore the trial and simplify estate planning for their clients.
Estgro said its mission is to integrate estate planning into every financial planning conversation, ‘making it accessible and intuitive’. The tool allows advisers to quickly generate legal documents, adding immediate value. It can help facilitate early engagement with clients’ beneficiaries, fostering discussions to protect family portfolios for future generations.
Dave Newick, co-founder and CEO of Estgro, emphasised the importance of timely estate planning: “Establishing the right estate structure is crucial for minimising tax and ensuring loved ones inherit the maximum possible. With the Great Wealth Transfer seeing £5.5 trillion set to pass between generations over the next 30 years, advisers must act now to protect significant assets from their portfolios. Our integration with intelliflo allows advisers to prioritise intergenerational wealth planning, safeguarding their clients’ legacies and their own business futures.”
