Canada’s Fifth-Largest Credit Union Gives Retail Banking Members Access to Digital Financial Planning Solutions Developed by Advicent
LANGLEY, B.C.— Advicent announces that First West Credit Union has integrated the NaviPlan platform into the digital banking service offering for members and clients at the Canadian financial institution’s 51 branches across British Columbia.
“We continue to enhance our NaviPlan financial planning ecosystem with capabilities that ensure advisors can effectively meet market-specific client needs and regulatory requirements,” said Angela Pecoraro, Chief Executive Officer of Advicent. “The ongoing NaviPlan software updates we roll out position Canadian advisors to better service, and understand, all clients including high-net-worth investors—thanks to robust financial plans which can incorporate more information from all aspects of a client’s financial life. We are glad to partner with First West Credit Union to empower more advisors in Canada to help clients improve their financial futures.”
Langley, British Columbia-based First West Credit Union is one of Canada’s largest credit unions, with more than $14 billion in total assets and assets under management, and more than 250,000 members. The organization operates 51 branches in British Columbia under the Envision Financial, Valley First, Island Savings and Enderby & District Financial brands. First West’s financial advisors can harness NaviPlan as a digital financial planning solution for the members and clients they serve.
Advicent developed enhancements in NaviPlan which enable advisors to add operating companies into Canadian clients’ financial plans. These updates, introduced last year, also allow advisors to more accurately calculate taxes on income from Canadian-controlled private corporations in accordance with Canadian tax legislation. To learn more, or to schedule a demo of these features, please visit https://www.advicent.ca.
“NaviPlan’s cutting-edge financial planning tools will help our members and clients save more in areas beyond their day-to-day banking and savings accounts, so they can achieve a financially secure retirement,” said Launi Skinner, CEO of First West Credit Union. “Our strategic relationship with Advicent enables the financial experts in our branches to offer more value to our members and clients over the long term, which is crucial in uncertain times like these.”