Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

PIEtech℠, Creator of MoneyGuidePro®, Recognized for Research on Stress in Financial Planning
  • USA - English


News provided by

PIEtech, Inc.

Oct 16, 2017, 07:35 ET

Share this article

Share toX

Share this article

Share toX


POWHATAN, VA (PRWEB) October 16, 2017 -- Wednesday, October 11th, in New York City PIEtech℠, the creator of MoneyGuidePro®, won the WealthManagement.com Technology Provider Thought Leadership Award for their groundbreaking biometric research which measures stress levels throughout the financial planning process. PIEtech℠ undertook this research to help advisors understand how they can make the financial planning process better for their clients and thereby help more Americans engage in planning.

2 out of 3 consumers, regardless of age, prefer entering personal data and discussing their goals at home before meeting with a financial advisor.

Post this

By measuring individuals’ stress levels throughout the planning process, PIEtech℠ found that clients’ stress varies according to the stage and method of financial planning. The importance of that finding is that the clients’ stress impacts how they engage with the advisor, the information that they provide and how they implement their plan. All of the participating consumers unequivocally felt that the financial planning process was valuable. The research showed that while the majority of Americans do not have a financial plan, when provided the opportunity and guidance, it was greatly appreciated and judged worthwhile. In fact, 95% of the research participants recommended creating a financial plan as a result of their experience.

Wearing portable fit-bit like devices that measure stress indicators, e.g., heart rate, skin conductance (or sweat) and skin temperature, couples were asked to work together to create a financial plan using MoneyGuidePro®. There were several data gathering scenarios including traditional data gathering using a paper questionnaire and online data gathering. Some consumers completed myMoneyGuide® which is the online guided experience through which they complete their data gathering and create a customized financial plan. In all cases, the couples then met with a CERTIFIED FINANCIAL PLANNER®, either in person or virtually, to review their data, complete, review and improve their plans. This meeting was a critical step in the research since PIEtech℠ firmly believes that the advisors’ ability to add human value in the planning process is essential and irreplaceable. The different scenarios highlighted the importance of giving advisors the right tools to streamline their processes and help them focus on providing advice.

Kevin Hughes, EVP, Head of Enterprise Sales of PIEtech℠ said, “PIEtech’s findings challenge the way our industry thinks about client interaction. Ultimately, the research can help provide a better experience for consumers and advisors.” For example, while advisors may be most comfortable with traditional data gathering, the research showed that clients experience lower stress using online data gathering and lowest stress with guided online data gathering through myMoneyGuide®. For the full financial planning experience, stress levels were lowest when consumers went through myMoneyGuide® and then met with the advisor in a virtual format.

Based on the research, PIEtech℠ has developed several new consumer engagement solutions that will be available in the coming weeks to give advisors a choice of how to engage consumers and for consumers to engage how they want, when they want. Research findings showed that two out of three consumers, regardless of age, prefer entering personal data and discussing their goals at home before meeting with a financial advisor. It’s critical to note that they all felt it was important to meet with the advisor and said that it was an informative and interesting experience. Even during the money section which may typically be considered more stressful, the advisor was able to quickly lower the clients’ stress level. The change in stress levels throughout the planning process reinforces the fact that the software brings the clients’ data together in a meaningful way, providing “an answer” but it’s the advisor that helps them do something with that data.

PIEtech℠ was one of 43 firms recognized from a list of 127 finalist companies. “We are proud to be amongst the distinguished list of companies that were recognized by WealthManagement.com,” said Hughes. “PIEtech℠ is committed to helping advisors add value for their clients. These research findings shed light on the greater need for human advisors and expert guidance. It can help advisors determine how to best gather data – electronically or on paper – to improve the effectiveness of their client meetings and evaluate the benefits of meeting with clients in person or virtually. We’ve entered into an era where age has little to do with technology willingness and digital attention span. Our new solutions give clients and advisors, regardless of age, more choice for how they engage.”

About PIEtech, Inc.
PIEtech's vision is that Everyone Needs and Deserves a Quality Financial Plan. PIEtech℠ is the creator of MoneyGuidePro®, the industry’s leading financial planning software and myMoneyGuide®, an online guided planning solution. For more information on PIEtech’s powerful financial planning solutions, please visit http://www.moneyguidepro.com.

Suly Salazar-Layton, PIEtech, Inc., https://www.moneyguidepro.com/, +1 (804) 744-5900 Ext: 122, [email protected]

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.