The top 20 technology products used by advisers
The most popular products, overall, according to an InvestmentNews survey
In July, InvestmentNews surveyed financial planners, RIAs and broker-dealers on technology vendor usage and satisfaction. More than 900 responses were received. For additional information, contact Denise Southwood at 212-210-0735 / [email protected] or Michelisa Lanche at 212-210-0484 / [email protected].
| Rank | Product | No. of responses | Category |
|---|---|---|---|
| 1 | MoneyGuidePro (PIE Technologies Inc.) | 232 | Financial planning |
| 2 | Money Tree | 228 | Financial planning |
| 3 | Junxure (CRM Software Inc.) | 190 | CRM |
| 4 | PortfolioCenter (Schwab Performance Technologies) | 184 | Portfolio management |
| 5 | Redtail Technology | 162 | CRM |
| 6 | Albridge Solutions | 130 | Portfolio management |
| 7 | ByAllAccounts Inc. | 112 | Account aggregation |
| 8 | Morningstar Office | 103 | Portfolio management |
| 9 | eMoney360 (eMoney Advisor) | 79 | Bundled solution (financial planning) |
| 10 | Advisor Workstation (Morningstar Inc.) | 71 | Financial planning |
| 11 | Tamarac Inc. | 71 | Portfolio rebalancing |
| 12 | Redtail Technology Inc. | 71 | Document management |
| 13 | Salesforce.com | 67 | CRM |
| 14 | NaviPlan (Emerging Information Systems Inc.) | 66 | Financial planning |
| 15 | Advent Axys (Advent Software Inc.) | 64 | Portfolio management |
| 16 | Paperport / Omnipage (Nuance Inc.) | 62 | Document management |
| 17 | 61 | Compliance | |
| 18 | Principia CAMS (Morningstar Inc.) | 56 | Portfolio management |
| 19 | Microsoft Office Document Imaging in combination with Microsoft Office SharePoint Server (Microsoft Corp.) | 52 | Document management |
| 20 | AllData Advisor (CashEdge Inc.) | 48 | Account aggregation |
| Based on 928 responses to the survey | |||
Source: InvestmentNews survey
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