Products
Software purchasing decisions are almost always complicated.
An advisor must first determine what type of products and
services he or she is trying to deliver. Some software programs
assist the advisor in gathering assets. Other programs offer
support and back-office features. The programs you decide
on should be determined by "who you are" to you
clients. Are you a financial planner, investment manager,
salesperson or all of these? What services are you trying
to offer to your clients?
» Contact
and Client Management Software
Gives the user the ability to keep track of client
information such as addresses, phone numbers, children's
names, social security numbers and other pertinent client
and prospect information. Keeps you organized and in touch
with your clients and prospects with scheduling features,
to-dos, call backs, account notes, etc..
» Asset
Allocation Software
Allow advisors to utilize historic data on mutual
funds, stocks, variable annuities and indices to analyze
investment portfolios in regard to their historic returns
and risk characteristics. Also allows advisors to create
investment portfolios with an investment policy statement.
»
Portfolio
Management Software
These programs allow advisors to download their client's
account information and activity. This data is used to produce
reports such as gain/loss, assets under management, AIMR
performance measurements and asset allocation mix reporting.
»
Financial
Planning Software
Financial Planning Software allows advisors the ability
to produce reports for retirement planning, estate planning,
college funding, capital needs analysis and income tax planning.
Financial planning software can include summary planning
comprehensive planning or modular financial planning.
