The Evolving Wealth Management Landscape
The wealth management landscape is evolving rapidly, and clients are starting to seek holistic planning that goes beyond traditional wealth management. As more individuals recognize the importance of planning for their later years, Legacy and Elderhood planning ("elderhood planning") will become a crucial aspect of comprehensive wealth management services.
Why Introduce Elderhood Planning to Clients?
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Ageing Population & Rising Demand
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Growing need for elderhood planning due to demographic shift with the global number of people aged 65 and above expected to double by 2050, reaching over 1.5 billion.
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In Singapore, 1 in 4 citizens will be 65 or older by 2030, highlighting the growing need for wealth managers to incorporate elderhood solutions in their services.
Client Expectations and Market Trends
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The wealth management industry is shifting due to demographic changes and a major transfer of wealth between generations.
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Clients now seek holistic services that encompass both financial and non-financial aspects, including elderhood planning.
Competitive Advantage
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Incorporating elderhood planning allows wealth managers to differentiate themselves in a competitive market.
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Offering these services strengthens client relationships and promotes long-term, multi-generational client retention. It also positions wealth managers as a forward-thinking, full-service wealth management individual.
Challenges in Implementing Elderhood Planning
While wealth managers recognize the importance of elderhood planning, integrating these services into their practice poses significant challenges
Often lack direct access to a wide range of elderhood service providers, limiting ability to offer holistic planning
Lack of Extensive Networks
Elderhood planning requires expertise beyond finance, which are not traditionally within a wealth manager’s expertise
Cross-Disciplinary Complexity
Developing in-house elderhood planning solution is costly and operationally demanding, making it impractical for many
Scalability Issues
Verification and Compliance Burdens
Ensuring that service providers are compliant, and regularly updated requires significant due diligence & resource allocation
Introducing YEPPA
YEPPA, Your Elderhood Planning Personal Assistant, is a digital concierge that simplifies elderhood planning. Acting as a smart assistant, it guides users through the entire process, offering customized solutions to meet all elderhood needs.
For wealth managers, YEPPA is your go-to cheat-sheet for seamless client meetings. YEPPA provides a step-by-step guide, helping you navigate client needs and recommend optimal solutions.
How YEPPA Solve Challenges
Comprehensive Marketplace
YEPPA connects wealth managers to an established network of professionals (Immortalize marketplace), removing the need for manual sourcing and verification
Digital Concierge Service
Clients gain access to guided support and expert services, reducing the burden on wealth managers to manage the non-financial elderhood planning aspects
Seamless Integration
YEPPA allows wealth managers to offer elderhood planning without the need for costly in-house development, keeping their focus on core financial services.
Client-Centric Approach
YEPPA's one-stop platform helps wealth managers deliver a smooth, hassle-free elderhood planning experience for clients. This efficiency enhances client trust and fosters long-term retention.
How YEPPA Helps Wealth Managers
YEPPA Business or Enterprise Plan gives you exclusive access to the Immortalize team, supporting you in all aspects of planning, managing, and executing your clients’ legacy and elderhood plans.
YEPPA's ultimate goal is to automate the mundane, administrative, and labor-intensive tasks involved in providing legacy and elderhood-related services. This allows you to focus on the human connection, relationship-building, and revenue-generating aspects of your business.
What you need is not automated? Simply reach out to the Immortalize team — we’ll explore ways to automate it for you whenever possible.
Disclaimer: YEPPA provides concierge-level guidance and does not engage in direct legal filings, asset transfers, or other related transactions. Instead, our focus is on offering clarity, preparation, and actionable insights to support your decision-making.
The scope of services provided by Immortalize and YEPPA may evolve over time. Immortalize reserves the right to define and adjust its offerings to ensure alignment with our mission of delivering exceptional support through automation.
Legacy & Elderhood Planning
Conversation Prompts
Eliminate the guesswork when engaging with your clients. YEPPA’s step-by-step guide provides structured prompts, helping you navigate complex conversations effortlessly. Discover the right questions to ask, insightful tips to share, and effective ways to address challenging decisions. Meanwhile, YEPPA automatically generates a personalized checklist of actionable items, optimizing the client’s plan and enhancing your advisory process.
Legacy & Elderhood Management
Automated Prompts (Coming Soon)
Stay on top of client needs with YEPPA’s automated reminders. These prompts are designed to notify both wealth managers and clients about important milestones, updates, and periodic reviews of their elderhood plans. From reminding clients to update their information to prompting wealth managers about upcoming tasks, YEPPA ensures no detail is overlooked, enabling consistent, high-quality service delivery.
Legacy & Elderhood Execution
Guidance for Executors, Donees, and Relevant Parties
Receive step-by-step guidance on necessary actions, key contacts, cost optimization strategies, and implementation support. YEPPA equips you with the knowledge and tools to navigate complex processes confidently.
YEPPA Business Demo
Watch a full, comprehensive demo of how YEPPA & YEPPA Business works
Or watch it in parts!
Introduction
Stand out with YEPPA—effortless elderhood planning made simple. Guide clients, identify gaps, and introduce solutions seamlessly.
Phase 1
Start your elderhood planning with YEPPA’s persona quiz! Get a personalized checklist based on your profile—your perfect starting point for a seamless plan.
Phase 2
Tailor your elderhood plan effortlessly with YEPPA! Get personalized guidance, track progress, connect with key people, and seamlessly find the right providers—all without the hassle.
Phase 3
Stay on track with YEPPA! From reminders, to updates, and finally smooth execution, your elderhood plan is managed and executed effortlessly.
YEPPA Business
YEPPA makes it easy for individuals to plan, manage, and execute their elderhood plans. For wealth managers, YEPPA Business takes convenience and efficiency to the next level.
Additional Features
Explore upcoming features like the cost calculator and standardized Letter of Wishes, designed to fill gaps and streamline decision-making for your clients.
Sign-up Now!
Sign-up for YEPPA Business with a 7-day free trial and streamline your client elderhood planning.
Looking to white label YEPPA for your business? Contact us to discuss YEPPA Enterprise.
