![]() College Aid Pro (college financial aid planning) offers software tools that help advisors guide their clients through the process of evaluating and selecting undergraduate colleges as well as the financial aid options available to attend each school.Clients can access their ‘nudges’ either through email or phone app. The software integrates with CRM systems, and lets advisors send custom reminders to their clients to keep them on track with given tasks they need to accomplish to achieve their financial planning goals. Knudge (client engagement software) offers financial advisors a tool to help their clients stay on track with shared to-do lists.Portfolio rebalancing tools also help the advisor manage and submit trades, and include automatic rebalancing features, trading of fractional shares, as well as commission-free trading. Advisors can create custom reports with an option to set up a client-facing dashboard for clients to access and view their reports. Altruist (commission-free RIA custody services), which bills itself as a “commission-free digital custodian” providing a low-cost option for financial advisors to manage and report on their clients’ accounts held across traditional custodians, including account aggregation tools for outside investment accounts. ![]() The company aims to fill an important gap with its fintech offering by serving the large majority of financial advisors (estimated at over 90%!) who may collect tax documents from clients but have no tax planning software used in their businesses to support the analysis of all that tax information.įrom there, additional XYPN FinTech Competition highlights, in the order of presentation, include: In this guest post, Bill Winterberg – financial technology consultant and founder of the tech blog – provides a recap of each finalist’s fintech presentation demo, which included a range of tools and services for financial planners, from tax planning and college financial aid planning software, to commission-free custody services and client survey software.īill kicks off with highlights from Holistiplan’s presentation on their innovative tax planning software, and how it can take a client’s entire tax return, digitize the data, and produce a client-friendly detailed report in less than a minute. Each year, the FinTech Competition showcases software providers serving financial planners that are startup companies with either $1 million or less in revenue, or that have been in business for less than one year. ![]() Last month, XY Planning Network held its fourth Annual FinTech Competition in the Union Station Hotel in St. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |