Account Aggregation

Link your client’s information from their financial accounts to your financial plan with the click of a button.

Get to know your clients better.

Make yourself the go-to trusted advisor. All your client’s accounts can be accessed in one place. Gain visibility to held away assets. Keep data up to date. You and your client can have confidence in knowing the financial plan you put together is comprehensive, up to date with the latest information, and accurate.

Spend less time with data entry

$395 per year, per advisor

You can focus on building relationships instead of entering data. Ask for account aggregation to be activated on your Moneytree Plan license today.

Frequently Asked Questions

How do I know my client’s data is secure?

Security is managed by your client’s financial institutions. There is no way to make transactions on the data, and there is no way to make account changes from the Moneytree software . Moneytree and our account aggregator partner, MX, only see what the financial institution and your clients allow us to see.

Can the account connections break?

The good news is the connections don’t break. They may need re-verified from time to time, but your financial institution controls the security on your account. Some financial institutions require multi-factor authentication to verify the client’s identity. This used to be a far more common occurrence, but with the recent advances—these occurrences happen less often. All your client needs to do is renew their connection in the account aggregation tool to get updated data when requested.

Isn’t the data that comes through account aggregation inaccurate at times?

You bet! Sometimes the financial institution your client does business with will categorize the product or service  completely different than you did—or may not categorize something at all. We are ready for that! We created a simple way to ensure this is not a huge time waster for you or your clients. When you log in to validate the account, you simply click the drop-down and change the category you want to see it in. From there, the system will remember you changed the category to protect you from changing every time the data is updated.

See a Preview of Account Aggregation

You can talk to a Moneytree consultant and see account aggregation in action!