How to use Your Governance [How-Tos]

Lumiant’s Your Governance is a powerful tool designed to empower financial professionals and their clients by streamlining the data collection process and enhancing collaboration. This guide will walk you through the features and benefits of Your Governance, providing step-by-step instructions on how to leverage its capabilities effectively.

Understanding Your Governance:

Your Governance is a centralised platform that allows financial professionals to gather crucial information about clients' personal and financial situations. It offers a structured approach to capturing essential details across various categories, ensuring a comprehensive overview.

Categories Covered by Your Governance:

• Personal Details
• Family Members
• Business or Trust
• Financial Assets
• Lifestyle Assets
• Liabilities
• Income
• Expenses
• Insurance
• Estate Planning
• Education planning
• Tax planning
• Business planning 
• Charitable planning 

Getting Started:

Using Your Governance is straightforward. Follow the headings down the page and input the necessary details in the corresponding sections. Click the '+' button to add new information, ensuring a thorough and organised data collection process.

Pre-Meeting Efficiency:

One key advantage of Your Governance is the ability for clients to complete fact-finding data before meetings. This ensures that meetings are more productive, allowing financial professionals to spend their time wisely.

To learn more about how to use Surveys to collect vital client information, take a look at our guide here: 

• Introducing Surveys [Product Guides]
• How Surveys Fit in Your Lumiant-enhanced Financial Planning Experience [Product Guides]
• Introducing Foundations: Your Flexible Path to Streamlined Fact-Finding [Product Guides]

Learn More with Tutorial Videos:

To deepen your understanding of Your Governance and its functionalities, check out our tutorial video below. The video provides a comprehensive walkthrough and offers valuable insights and tips for maximising the benefits of this innovative tool.

Integration with Net Worth and Yodlee data feeds:

For users on a Professional package, Your Governance seamlessly connects with Net Worth and Yodlee data feeds. Clients can link their financial institutions to their plans, facilitating the real-time aggregation of data. Data feeds can be connected in both the Net Worth and Governance modules, ensuring that integrated information is accessible in both sections.

Learn more here: 

• Your Net Worth [Product Guides]
• Professional Package Guide: Connecting Your Governance with Yodlee [Product Guides]

Types of Documents Accepted for Upload in the Governance Survey

During the survey, clients will progress through each section of the Governance survey. At certain points in the survey, clients will have the opportunity to upload documents to provide additional information about their data. Once a document is uploaded, it will be saved to a designated folder in their Vault.

Below is a map detailing the sections of the Governance survey (column 1) and the corresponding Vault folder where uploaded documents will be stored (column 2).

Below are examples of where you will find these documents in the Vault:

By following this guide, you can streamline the document submission process for your clients participating in governance surveys. Should you have any questions or concerns, please feel free to contact our support team at support@lumiant.io for assistance.