Financial planning software is dead. Long live financial planning software! Everyone knows if you want to create financial plans you need a financial planning application and if you want to open accounts, trade and run compliance you need a wealth management application. That’s the way it’s always been. These two previously separate systems have recently begun […]
Craig’s Note: When we published our first FinPlan Shootout back in 2015, we had no idea that it would become our most popular post of all time and reach Google’s first page results for financial planning software and still be there two years later. Now it’s time for an update that is bigger and better, so we’ve doubled the […]
Bill Gates made a splash recently with a controversial statement about how to deal with the impact of technology on the job market. He proposed a new tax on companies that install robots to replace human workers. His logic is that a tax will reduce the pace of automation and the money raised would be used for retraining […]
Britain voting to leave the EU. ISIS terrorists attack Orlando and France. An attempted military coup in Turkey. Donald Trump. There’s no shortage of news these days that can scare investors into a panic. Smart financial advisors know that the best way to keep their clients from panicking is to have them buy-in to a comprehensive financial plan. […]
Another exciting year in wealth management has passed and it seemed like a whirlwind of activity right up until December 31st. We covered a wide range of topics from risk tolerance and financial planning software to robo-advisors and the biggest M&A deals. But what are the top ten WMToday posts from 2015? These are the ten most popular posts […]
Earlier this year, we held a financial planning software throwdown here at Wealth Management Today between eMoney Advisor and MoneyGuidePro—two of the most popular financial planning applications on the market. We scored both packages on a five-point scale in seven categories: user experience, client portal, planning, analytics and reporting, integrations, security and cost. Both tools scored […]
Another jammed-packed day of advisor information at the Envestnet Advisor Summit 2015 from a very sunny Chicago. It was 80 degrees outside yesterday, but for the 1,600 advisors attendees here, it was cool and comfortable as they soaked up the tips, instructions and best practices for Envestnet’s ever-growing suite of products and services. Take a […]
I’m here is sunny Chicago, enjoying the unusually nice weather, deep dish pizza and Goose Island beer, while attending the Envestnet Advisor Summit 2015. This is a quick overview of some of the key information presented during the first day of conference. Follow us on Twitter to get live updates from the next two days […]
Hollywood is a dreamscape where unknowns venture to become movie stars and millionaires. Few make it and unfortunately, those lucky few who are catapulted into stardom often condemn their loved ones to near-eternities of easily avoidable litigation. More often than not, with millions of dollars raining down upon them, actors often become casualties of sloppy […]
Update: We just posted our 2017 review of the Top 4 Financial Planning Applications for Advisors including eMoney Advisor, MoneyGuidePro, Navicent and Advizr. As the digital revolution continues to disrupt business models across all verticals, financial planning is one area where technological advancement is key. Wealth managers with more powerful financial planning tools that can create […]