When it comes to financial advisors, technology is a must. Financial planning and customer relationship management (CRM) are essential aspects of the job, and using the right tools can make all the difference.
This article will discuss seven of the best CRMs, software, tools, and technologies for financial advisors. We’ll also outline what each offers and what you should look for when choosing financial advisor software.
What Should You Look For In CRMs And Financial Advisor Software?
Before we discuss the list, let’s discuss what you should look for when choosing financial advisor software.
- Customer Relationship Management: A financial advisor CRM should offer contact management, task and calendar management, document storage, and reporting. It should also be easy to use and integrate with other software programs.
- Financial Planning: When it comes to financial planning software, look for features such as goal setting, budgeting, asset allocation, and investment tracking. The best financial planning software will be easy to use and offer various customization options.
- Portfolio Management: For portfolio management, you’ll want software that offers features such as performance tracking, risk management, and portfolio rebalancing. The best portfolio management software is easy to use and offers a variety of asset classes.
- Investment Analysis: Investment analysis software should offer stock screening, fundamental analysis, and technical analysis features. The best investment analysis software is easy to use and offers a variety of customization options.
- Document Management: Document management software should offer document storage, version control, and document sharing features. The best document management software is easy to use and offers a variety of security options.
7 Best CRMs, Software, & Tools For Financial Advisors
Now, let’s look at seven of the best CRMs, software, tools, and technologies for financial advisors.
1. Wealthbox CRM
Wealthbox is a cloud-based financial advisor CRM that offers a simple, elegant interface for managing customer relationships. It includes contact management, task management, and document storage. Wealthbox also integrates with other financial planning software, making it a great choice for financial advisors. If you want to try Wealthbox, they offer a free 14-day trial before charging a monthly subscription fee of $25 per user.
2. eMoney Advisor
eMoney Advisor is a financial planning software that offers a variety of features such as goal setting, budgeting, asset allocation, and investment tracking. It also includes a retirement planner and an estate planner. eMoney Advisor is easy to use and offers a variety of customization options. If you want to try eMoney Advisor, they offer a free trial before charging a monthly subscription fee of $65 per user.
3. Salesforce CRM
Salesforce is a cloud-based CRM that offers a variety of features such as contact management, task management, and document storage. It also integrates with financial planning software, making it a great choice for financial advisors. If you want to try Salesforce, they offer a free trial before charging a monthly subscription fee.
4. Zoho CRM
Zoho CRM is a cloud-based financial advisor CRM that offers a variety of features such as contact management, task management, and document storage. It also integrates with financial planning software, making it a great choice for financial advisors. If you want to try Zoho CRM, they offer a free trial before charging a monthly subscription fee of $50 per user.
5. Redtail CRM
Redtail CRM is a cloud-based financial advisor CRM that offers a variety of features such as contact management, task management, and document storage. It also integrates with financial planning software, making it a great choice for financial advisors. If you want to try Redtail CRM, they offer a free trial before charging a monthly subscription fee of $49 per user.
6. Junxure CRM
Junxure CRM is a cloud-based financial advisor CRM that offers a variety of features such as contact management, task management, and document storage. It also integrates with financial planning software, making it a great choice for financial advisors. If you want to try Junxure CRM, they offer a free trial before charging a monthly subscription fee of $49 per user.
7. DebtPayPro
DebtPayPro is financial software that helps financial advisors manage their clients’ debt. It offers features such as payment plans, budgeting, and debt management. DebtPayPro is easy to use and offers a variety of customization options. If you want to try DebtPayPro, they offer a free trial before charging a monthly subscription fee of $39 per user.
Conclusion
These are just a few of the best CRMs, software, tools, and technologies for financial advisors. They all offer a variety of features, so be sure to choose the one that best suits your needs. And remember, if you’re unsure which one to choose, you can always try a free trial before making your final decision.