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PPC's Personal Financial Center[TM]. (Financial Planning).


Now advisors and clients can connect, communicate and collaborate--online, anytime--with shared data, complete security and the most powerful financial solutions software available anywhere.

* Retirement Planning Software with Monte Carlo Simulation
Monte Carlo Simulation
A problem solving technique used to approximate the probability of certain outcomes by running multiple trial runs, called simulations, using random variables.

Notes:
Monte Carlo simulation is named after the city in Monaco, where the primary attractions are casinos that have games of chance. Gambling games, like roulette, dice, and slot machines, exhibit random behavior.
See also: Black Box Model, Risk
 

* Account Aggregation: Use aggregated account data to populate the financial planning input, saving many hours of manual input required by other financial planning programs.

* Stock and Mutual Fund Research, Business News, Portfolio Tracking and Repricing
Repricing
To change the price of an asset. In derivatives, it sometimes refers to the exchange of options of with different strike prices.
 

* And Much Morel--Starting as low as $590!

CPAs/advisers: for more information about PPC's Personal Financial Center[TM], call 800-323-8724, select option 6, or E-mail us at sales@ppcnet.com
COPYRIGHT 2002 California Society of Certified Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:California CPA
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2002
Words:95
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