The Envision Plan

No matter what stage of life you are in, it is important to be prepared for what your future may hold. Our Envision® Plan process can help you foresee financial circumstances down the road, and suggest the best strategies to use in preparing for what lies ahead.

How does the Envision planning process work?

By combining goals-based advice with sophisticated statistical modeling, our Envision process creates an effective, easy-to-understand method for you to prioritize and work toward achieving your important life goals.*

the-envision-process-wheel

Define major life goals – The Envision process begins by exploring your goals and dreams and discussing any concerns you have about being able to achieve them.

Set ideal and acceptable goals – We examine your ability to achieve your goals in multiple scenarios, starting with the ideal and the acceptable. The ideal scenario represents your goals and dreams in a “perfect world”. The acceptable scenario represents the compromises you could make to your ideal goals and still feel comfortable with your life.

Prioritize goals – We work together to ensure you will be able to achieve the goals you value most.

Stress test goals – The Envision technology stress tests each scenario 1,000 times. During each of these 1,000 iterations, your goals are subjected to simulated random market returns (up years, down years, flat years, etc.) to help determine how likely you are to achieve their goals.

Recommend plan – Once there is a thorough understanding of your ideal or acceptable goals, a recommended plan is created that will incorporate the goals you value most while potentially deemphasizing some of your lower priority goals.

Implement allocation – Based on your goals, dreams, concerns, risk tolerances, and financial situation, an investment mix will be proposed to help you achieve their goals.

Monitor progress (the “Dot”) – Your Envision plan will create a benchmark unique to your goals and circumstances as a way to track progress along the way. This information updates each night and can be displayed on statements and online.

Revisit goals and priorities – If your goals or financial circumstances change, it’s easy to update your Envision plan to account for the changes and measure the impact it has on your ability to stay on track.

Simply put, the Envision Plan helps clients stay on track.

Already have an Envision Plan?

You can now test out different planning scenarios through your Wells Fargo Advisors Online Access and bring your ideas to your next meeting with us! Just navigate to the to the ‘Portfolio tab’ and select ‘Planning’.

Don’t have an Envision Plan?

Give us a call to discuss building your plan, or sign into your Wells Fargo Advisors Online  account and view the “My Retirement Plan” tool that offers additional information on planning for your future & allows you to explore different Envision scenarios; you can find it under the ‘Portfolio’ tab, and select ‘Planning’.

*Source: Envision Overview – WFAFN, CAR-0121-02318

The projections or other information generated by Envision regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time. Envision methodology: Based on accepted statistical methods, the Envision tool uses a simulation model to test your Ideal, Acceptable and Recommended Investment Plans. The simulation model uses assumptions about inflation, financial market returns and the relationships among these variables. These assumptions were derived from analysis of historical data. Using Monte Carlo simulation the Envision tool simulates 1,000 different potential outcomes over a lifetime of investing varying historical risk, return, and correlation amongst the assets. Some of these scenarios will assume strong financial market returns, similar to the best periods of history for investors. Other will be similar to the worst periods in investing history. Most scenarios will fall somewhere in between.

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