| 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 |
Five low-cost index ETFs to anchor Trump Accounts as advisors weigh options against 529 and UTMA plans for clients
A bipartisan proposal aimed at aligning advisor compensation rules with modern business structures is headed to the full House.
Vanilla is extending its estate planning tech to Callan Family Office's ultra-high-net-worth business, while WealthFeed's organic growth engine will now be available to roughly 100 advisors at The Mather Group.
“We are helping families take an important first step toward building a financial foundation for the next generation,” said Franklin Templeton CEO Jenny Johnson
Richard Brothers Financial Advisors joins the fee-only RIA, adding its first Maine office and $240 million in client assets
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
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
