By Nico DeMaio - September 2, 2024 Choosing the right CRM platform is critical for financial services firms aiming to enhance operations and client relationships. Salesforce Financial Services Cloud, Redtail CRM, and Wealthbox CRM are three leading solutions in this domain, each offering distinct features. In this blog, we’ll compare these platforms across four key dimensions: integration capabilities, open architecture, ease of use, and data ownership. At AdvizorStack, we view your CRM system as far more than just a tool for managing client relationships. We see it as a critical operational platform integrating and reconciling data from various sources into a cohesive, centralized system. As we look to the future, it is increasingly evident that firms lacking a unified database will face significant challenges. Businesses risk diminishing their reporting capabilities, service quality, and competitive edge without a platform that consolidates client data into a single hub. In contrast, organizations that leverage an integrated CRM system will be better positioned to excel in these areas, gaining a substantial advantage over their competitors. ReadMore
By Nico DeMaio - August 5, 2024 In the rapidly changing world of RIAs, achieving optimal performance requires a strategic blend of expertise, comprehensive management, and adaptability. As firms continue to seek robust frameworks for optimal outcomes, one key strategy is outsourcing critical activities to specialized firms. Outsourcing professional money management, back-end technology, and other essential services allows financial advisory firms to save time and resources while accessing top-tier services for a fraction of the cost. Firms like AdvizorStack provide a comprehensive solution that includes Unified Managed Accounts (UMAs) and integration with leading platforms, enabling advisors to focus on client relationships and growth. Read More