Benjamin Felix

You can use whatever simulation method that you want and then upload that into the software.

Because of that, we're able to do stuff like what John and his team worked on, where we define our own way of creating a distribution of returns, and then we can test that in financial planning software.

We don't yet have this loaded up in Conquest, but Braden has done some modeling work just to look at how John's method of simulating returns compares to what PWL had been doing previously.

in a long-term projection.

How does it change the outcome in these projections?

So we will get to that in a minute.

So that's the setup.

Now, I do want to speak real quickly about something cool that happened before we just get into the main content.

A new PWL client

who is characteristically as, as many of them are highly analytical and had previously been a successful DIY investor.

They wrote down a detailed analysis of their decision to become a PWL client.

I believe that they wrote this to share in a group chat with some of their friends, but the cool thing is they also shared the analysis with their new PWL advisor.

who then shared it with me.

And then we got permission to talk about it on the podcast because I thought it was pretty thoughtful analysis.

I do have to make some quick disclosures before we get into this.

The person who wrote this is a client of PWL Capital, which is a subsidiary of One Digital, who also operates One Digital Investment Advisors LLC in the U.S.,

As some of our audience is US-based, we wanted to properly disclose that the client was not compensated by PWL Capital or OneDigital for writing this.

Also keep in mind that clients' experiences vary and therefore their views are not representative of all client experiences.

Additionally, the testimonial is not an indication of past or future investment performance.

All right, nice disclosure there to make Ross happy.