| Redtail | Junxure | Wealthbox | Grendel | AppCrown | Salesforce Financial Services Cloud | SmartOffice | |
|---|---|---|---|---|---|---|---|
| Price | $65 per month per database | Cloud: $65 per user per month; Program: $41 per user per month (3 user minimum) | $29 per user per month | $75 per user per month to 1.5 basis points | Per user per month. On average, $120/user/month | Announced at availability (2016) | $30- $85 per user per month |
| Cloud/program | Cloud-based | Both | Cloud-based | Cloud-based | Cloud-based | Cloud-based | Cloud-based |
| Mobile app | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Client portal | ✖ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Database importing | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Security features | Multifactor authentication | Encrypted firewalls and SSL technology | Encryption, SSL, two-factor authentication | Encryption | Two-factor authentication, field-level encryption | Global audit compliance; "Salesforce Shield" is an add-on | Encryption, SSL, global audit compliance |
| Risk profiling | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| To do lists & alerts | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Report generator | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Automatic back-up | ✔ |
✔
(up to two weeks) |
✔ | ✔ |
✔
(weekly) |
✔
(up to 90 days) |
✔ |
| Data aggregation | ✔ | ✔ | ✔ | ✔ |
✔
(via Albridge, Aqumulate) |
✔ | ✔ |
| Bulk emailing | ✔ | ✔ | ✔ | ✔ |
✔
(Up to 1000 a day and able to integrated with 3rd party emailing services) |
✔ | ✔ |
| In-software team messaging | ✖ | ✖ | ✔ | ✔ |
✔
(via via Salesforce Chat) |
✔ | ✔ |
| System training |
✔
(Redtail University) |
✔
(Webinars and private training) |
✔
(One-on-one demos, onboarding program, phone training) |
✔
(In-app video and knowledge library, phone, webinar, email, on-site) |
✔
(Webinar and custom) |
✔
(Salesforce University) |
✔
(Free webinars, on-demand video library, training manuals and custom training) |
| Single or multiple office use |
✔ |
✔
(Multi-office use) |
✔
(Both) |
✔
(Both) |
✔
(Both) |
✔
(Both) |
✔
(Both) |
| Integrations | Charles Schwab Portfolio Center, Fidelity, Pershing, RBC, Scottrade, SEI, TD Ameritrade, TradePMR, IPS Advisor Pro, LaserApp, Quik!, Advicent, asi, Cashflow insite, eMoney, FinanceLogix, inStream, MoneyGuidePro, Money Organizer Pro, Money Tree software, Right Capital, WealthTrace, Docupace, Laserfiche, netdocuments, Citrix Sharefile, Trumpet, Advent, Albridge, Aqumulate, AssetBook, Blueleaf, Boss, BridgePortfolio, Broadridge, ByAllAccounts, Orion Advisor Services, PortfolioPathway, TRX, Wealth Access, cerado, globalRelay, LiveOffice, Smarsh, Advisors Gateway, Advisor Launchpad, Advisor Products, AdvisorWebsites.com, BillGood Marketing, Constant Contact, Demandforce, Broadridge, MailChimp, Marketing Pro, Precise FP, SendOutCards, Copytalk, Mobile Assistant, Voice2insight, AdvisoryWorld, Morningstar, FinaMetrica, HiddenLevers, Pocket Risk, Riskalyze, Jive, Monmouth Telecom | Advent, Albridge Solutions, Docupace, LPL Financial, TD Ameritrade, Netx360, Orion Advisors, Schwab Openview and Portfolio Center, Worldox, Finance Logix, Tamarac Advisor Xi, CitiesDigital, MoneyGuidePro, Envestnet, Black Diamond, LaserApp, Morningstar | Albridge, Blueleaf, MoneyGuidePro, LaserApp, QuickForms, Box, Dropbox, Google Drive, Google Calendar, AWeber, Constant Contact, MailChimp, Twilio, SLack, Twitter | Aqumulate, Albridge, ASI, Alliance of Comprehensive Planners, Assetbook, Blueleaf, Outlook, Charles Schwab, DST Vision, Envestnet, Fidelity, First Rate, Fox Financial Planning Network, Hidden Levers, Laser App, MoneyGuidePro, National Financial, RBC, Scottrade, TD Ameritrade, Trust Company of America | MGP, eMoneyAdvisor, FinanceLogix, Advicent, Orion, BlackDiamond, BridgePortfolio, Advent, Envestnet, Tamarac, LaserApp, DocuSign, OFAC (anti-money laundering), TDA, Schwab, NFSC/Fidelity, Pershing/PAS, SEI, DST, DTCC, DAZL | Advisor Software, Informatica, Yodlee | Advicent Solutions, AdvisoryWorld, AIG, Albridge, AllState Life & Annuity, American National, AnnuityNet, APPS, APS Workflow, Aqumulate, Aviva, Axa, MONY, Banner (Legal & General), Broadridge / Investigo, Charles Schwab, Constant Contact, Copytalk, DAZL, Docupace, DST FAN Mail, eMoney Advisor, EMSI, e-Relationships, eTFile, ExamOne, Express Imaging, Fidelity WealthCentral, Finance Logix, Financial Computer, FOLIOfn, Genworth (Life & LTC), ING, Intellisys, John Hancock, Laser App, Laserfiche, LifeSpeed, Lincoln Benefit, Lincoln Financial (Life & Annuity), LPL Financial, MailChimp (GlobeRunnerSEO), MarketingLibrary, Mass Mutual, MetLife, Mobile Assistant, MoneyGuidePro, MorningStar, MS Office, Mutual of Omaha, National Financial Services LLC, Nationwide, North American (Life & Annuity), Pacific Life, Paperclip, Pershing, Portamedic, Principal, Protective, Prudential, Quik!, Raymond James, RightBridge, RSA Medical, Rydex, SBLI, Securian, Securities America, SEI, Sterne Agee, Sun Life, Superior Mobile, SureLC, TD Ameritrade, Transamerica, Trust Company of America, VitalForms, VitalSales Suite, Walnut Street Securities, West Coast Life, William Penn, WinFlex, Zurich Life |
Medicare scam, pandemic benefit theft, offshore tax evasion — federal prosecutors are casting a wide net.
Report finds that pension income acts as a financial lifeline for retirees facing late-life shocks and raises urgent questions about the DC-only future.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
