Four Seasons Financial Education Chooses PowerWallet Plus as Its Fintech Platform Provider for Its Financial Wellness Initiatives
Fort Lauderdale, Florida, June 28, 2016 (Newswire.com) - PowerWallet Plus has been chosen by Four Seasons Financial Education (FSFE) - a provider of workplace financial wellness programs - as its Personal Financial Management (PFM) provider to replace their prior vendor and help elevate the company’s existing technology platform offerings.
As part of the initiative, PowerWallet Plus will design and deliver a fully branded, white label Personal Financial Management (PFM) platform. The addition of the PowerWallet Plus PFM platform to FSFE’s list of services will allow users to connect to over 14,000 financial institutions, giving them a holistic view of their assets, liabilities, cash flow, goals and budgets. The proven technology enables employees to take financial control and view all of their financial statements in one place. The goal is to enhance the company’s existing workplace financial wellness programs with cutting edge, online technology branded for FSFE.
"At PowerWallet Plus, technology and financial wellness is everything, and we are committed to responding to the needs of our customers with a proven, proprietary platform. In the spirit of continuous improvement, our platform today stands as one of the leading PFMs, and is one of the only available as a white label product in our space."
Cris Frankel, President, PowerWallet Plus
“At PowerWallet Plus, technology and financial wellness is everything, and we are committed to responding to the needs of our customers with a proven, proprietary platform,” said Cris Frankel, President of PowerWallet Plus. “In the spirit of continuous improvement, our platform today stands as one of the leading PFMs, and is one of the only available as a white label product in our space.”
With progressive companies like Four Seasons Financial Education offering financial management solutions to their clients, they are helping companies eliminate the overwhelming costs brought around by the presence of financial stress. For example: on average, a financially-stressed employee spends 20 hours per month distracted by their financial difficulties. This reduced productivity and low morale (while still getting paid!) works out at an annual cost of $7000 to their employer. And then of course, there are the medical costs. 75-90% of doctor visits are stress-related, and over 1,000,000 employees calling in sick on any given day in the U.S. Each day an employee is absent and not producing, the cost to their employer is over $300 a day. As companies nationwide try to combat these costs and reduce stress levels in the workplace, it stands to reason that progressive companies offering financial management tools are on the cutting edge of workplace financial wellness programs.
About PowerWallet Plus
South Florida-based PowerWallet Plus is a technology company offering an evolved white label personal financial management (PFM) solution designed to provide a proactive approach to personal financial management for employees, customers and organization members. PowerWallet Plus was founded in 2011 by a team of tech-savvy entrepreneurs with more than 40 years combined experience in the financial services and technology industry. The companies niche is providing businesses wanting their own PFM platform, but either didn't have the time or resources to develop their own. As a leading edge fintech development platform, PowerWallet Plus provides solutions for all areas of financial services including: Banking, lending, money management, investments, fraud protection, and more.
About Four Seasons Financial Education
Four Seasons Financial Education is positioned to provide workplace financial wellness services to companies throughout the US to help them improve their bottom line. “Since 1986, we have helped corporations increase workplace productivity by focusing on the most important asset of the company - the employees,” said Travis Freeman, President of FSFE.
FSFE financial wellness services offered through RFG Advisory Group, a registered investment advisor. PowerWallet Plus is a separate and unafiliated entity from FSFE and RFG Advisory Group.
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Media Contact: Cris Frankel, President
Tel: 954-377-9468
Email: cfrankel@powerwalletplus.com
Web: www.powerwalletplus.com
Source: PowerWallet Plus