mature woman with tablet

CIBC is offering clients a new platform to help them set and keep track of their financial goals.

The bank’s new GoalPlanner tool, accessible through a client’s online banking dashboard, asks clients a series of financial questions about their goals, such as saving for a child’s education, as well as their income, assets and liabilities.

Clients are then given the option to meet with an Imperial Service financial advisor to discuss their answers and to further build out their financial picture, including their net worth and cash flow.

The new tool also allows clients to check their plan regularly and to track their progress. As well, GoalPlanner highlights financial shortfalls and surpluses with a client’s cash flow, for example, to help clients achieve their goals.

“The path to reaching your goals is rarely a straight line,” said Laura Dottori-Attanasio, CIBC’s group head, personal and business banking, in a release. “Coupled with great advice, CIBC GoalPlanner gives [clients] the confidence that comes from having a comprehensive financial plan and the ability to track [their] progress digitally.”