Roles and Permissions

This article will review the different roles available for Income Lab users and the permissions you get with each role.

Last published on: April 16, 2026

Firm Admin

Each account with Income Lab must have at least one Firm Admin. Firm Admins have all of the powers of an Advisor but can manage the firm’s Income Lab subscription in the following ways.

  • Change the number and nature of the seats for the account
  • Invite new users
  • Create and edit groups
  • Can access all households and assign/reassign any household added to the firm account to any member of the firm account
  • Control the Global Settings (Billing, Report Templates, Default Values, CMAs, Tax Assumptions, etc.)
  • Advanced Planning Features: Historical Analysis, Penny, Retirement Stress, and the Test Plan.

Advisor 

The Advisor role is the primary and most common user role on the Income Lab application. Users with this role have access to the following.

  • Create and edit households and plans
  • Invite clients to the client portal and control client portal access
  • Manage the integration links that they can use for their own teams
  • Advanced Planning Features: Historical Analysis, Penny, Retirement Stress, and the Test Plan.

Support Staff

The Support Staff role is intended for users who will be assisting with plan building, plan updating, and report creation. Support staff will not have access to detailed analytical tools like Historical Analysis, Penny, Retirement Stress, and the Test Plan. Common job titles for those with Support Staff accounts include Client Support Associate, Assistant, and Paraplanner. 

 


Permissions

⚠️ Important Note

Roles and permissions were updated for new and returning users who sign up on or after 4/16/2026, and this article reflects those changes and applies to new users. Legacy users who signed up before 4/16/2026 will retain their previously existing permissions and will switch to the new permission structure on a later date to be announced.

 

 

  Firm Admin Advisor Support

Modules

Life Hub
Tax Lab
Retirement Stress Test
Plan Dashboard
Decision Lab
Report Center
Plan History
Role Management
Penny

Actions

Upload/Remove firm and group logo customization setting
Update firm and group cover page disclosure language customization setting
Update firm and group report signature customization setting
View Firm and team CMAs and Default Values
Delete team Model Allocations
Create, view, and edit households and plans
Add/edit/share data integrations and use data from integrations in plans
Upload/Remove firm and group disclosure pdf customization setting
Update firm and group report mandatory sections customization setting
Edit Firm and team CMAs and Default Values
Add/edit team Model Allocations
View team Model Allocations
View Household list
View summary stats in Household list
Add/remove members and change member roles
Add/remove/edit teams (incl team assignments)
View list of Firm Members and team assignments
View team list
Edit Firm account info, billing & payments, logo, disclosures, and other settings
Set Global visibility for report templates