| 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 |
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
