I participated in a webinar on June 9 hosted by InvestmentNews titled “50 Cost-Saving and Money-Making Ideas in 50 Minutes” (blogged about here).
The replay of that webinar is available here or use the embedded player below (my portion begins at the -27:50 time point).
I highlighted the following 10 technology tips to help advisers cut costs and increase revenue:
- Rebalancing software (e.g. iRebal, Tamarac, TRX) to increase trading efficiency
- Account aggregation services like ByAllAccounts and CashEdge
- Desktop search tools
- OCR software for scanned images
- Hosted file synchronization services (Dropbox)
- Google Analytics for website metrics
- Internal Wikis for business processes and procedures
- Multiple LCD monitors
- Judicious email use
- Inbox Zero
- Virtual meeting software
For all the specifics and details of the highlighted tools, read the posted transcript.
You can post your questions about these tools below or provide your experience on how they have worked in your practice.
