Top 25 technology products used by advisers

The most popular products, overall, according to an InvestmentNews survey

Jul 28, 2014 @ 8:16 am

In June 2014, more than 1,100 advisers responded to an InvestmentNews survey on their technology usage and satisfaction. The results below show the most popopular products overall.

RankProduct# of usersCategory
1Redtail CRM (Redtail Technology)369CRM
2MoneyGuidePro (PIETech Inc.)341Financial planning
3Albridge Wealth Reporting (Albridge Solutions Inc.)180Account aggregation
4Albridge Wealth Reporting (Albridge, an affiliate of Pershing)177Portfolio management
5LaserApp (LaserApp Software Inc.)153Document management
6ByAllAccounts Inc. (the product name is the same as the vendor)135Account aggregation
7Finance Logix (OLTIS Software LLC)129Financial planning
8Salesforce CRM (Salesforce.com, includes versions offered by Schwab, TD Ameritrade, XLR8 and AppCrown overlay products)117CRM
8eMoney 360 (eMoney Advisor)117Financial planning
8Morningstar Office (Morningstar Inc.)117Portfolio management
11Redtail Imaging (Redtail Technology)114Document management
12PortfolioCenter (Schwab Performance Technologies)113Portfolio management
13Junxure (CRM Software Inc.)102CRM
14eMoney 360 (eMoney Advisor)85Account aggregation
15TRX (Total Rebalance Expert)66Portfolio rebalancing
16Morningstar Advisor Workstation (Morningstar Inc.)60Financial planning
17Orion Solutions (Orion Advisor Services LLC)59Portfolio management
18Grendel Online (Big Brain Works LLC)55CRM
19Microsoft Dynamics CRM (Microsoft Corp., includes Tamarac's Advisor CRM and Salentica's CRM)53CRM
20Advisor Rebalancing (Envestnet | Tamarac)52Portfolio rebalancing
21Docupace ePACS (Docuspace Technologies)51Document management
22Advent Black Diamond Performance Reporting (Advent Software Inc./Black))46Portfolio management
23Microsoft Office Document Imaging in combination with Microsoft Office SharePoint Server (Microsoft Corp.)46Document management
24Laserfiche (Laserfiche)45Document management
25iRebal, the Intelligent Rebalancer (ThinkTech Inc.)39Portfolio rebalancing

Excludes adviser created, outsourced and broker-dealer platform softwares. Source: InvestmentNews Data

Featured video

INTV

Children of AI, and when they are coming to financial advice

Technology reporter Ryan Neal talks about the tremendous progress in artificial intelligence in other industries, and how its applications are slowly making headway in the advice sector.

Latest news & opinion

SEC advice rule: Here's what you need to know

We sifted through the nearly 1,000-page proposal and picked out some of the most important points.

Cadaret Grant acquired by private-equity-backed Atria

75-year-old owner Arthur Grant positions the IBD for the 'next 33 years.'

SEC advice rule seeks to tighten reins on brokers

The proposed rule puts new restrictions on brokers, but it is still unclear how strongly the SEC is clamping down.

SEC advice rule hearing updates

Commission says a lot of work ahead, public will have 90 days to comment.

SEC advice proposal unveiling: Here's what to expect

Chairman Jay Clayton will initiate momentous action Wednesday, as the commission meets to debate a rule on broker and adviser standards.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print