Tag Archives: Redtail Technologies

FPPad Bits and Bytes for June 3

Posted on June 3, 2011 by in Bits & Bytes

This week’s FPA NorCal Conference wrapped up a hectic month of May, involving four separate conferences in four cities across the U.S., combined with two short vacations coupled with the travel.

Still, we’ve managed to keep an eye out for relevant technology articles in the financial planning profession. Here are this week’s stories of interest:

AIG’s Advisor Group to roll out revised platform from InvestmentNews.com

See what an investment in the “healthy seven digits” looks like for representatives under the AIG Advisor Group technology platform.

Commonwealth’s revamp of technology includes subtracting Advent from RIABiz.com

Advent first buys Black Diamond, but then Commonwealth Financial Network breaks its ties with Advent Software citing a lack of value for the cost.

One-Click Calling from CRM at MorningstarAdvisor.com

In Bill’s monthly blog at Morningstar Advisor, he discusses how advisers can simplify making phone calls with web browser extensions. Say goodbye to 10-digit dialing!

FPPad Bits and Bytes for May 27

Posted on May 27, 2011 by in Bits & Bytes

This week’s Bits and Bytes is a big one! There are a few stories carried over from the previous week, as updating this page when traveling exclusively with an iPad is not the easiest thing to do, but a lot of great stories entered the wires this week, too.

And a reminder, Bill will be attending FPA NorCal next week in San Francisco, presenting Cultivating Clients in a Connected World on Wednesday afternoon. If you’ll be there, stop by and introduce yourself!

Here are this week’s stories of interest:

Choosing Software That Works for Your Advisory Firm—Part 6: Ensuring New Technology Meets Your Business Goals from AdvisorOne.com

The sixth update in a series by Spenser Segal of ActiFi designed to present best practices to advisors on how to choose, implement and monitor new technology for an advisory firm.

Compliance and Connectivity from Financial-Planning.com

Well, well, it seems that Bill’s presentation Cultivating Clients in a Connected World has persuaded Bob Veres to consider adopting social media for purposes other than marketing and search engine optimization. See what he has to say about advisers considering this new communication medium (and follow @bobveres on Twitter).

Smarsh Report Identifies Electronic Communications Compliance Gaps at Smarsh.com

Smarsh, the email and social media archiving solution provider, released results from a survey of compliance professionals regarding the use of electronic communications including social media. In summary, it confirms what you already know: compliance professionals aren’t up to speed on supervising and archiving electronic communication, specifically social media.

Tweet on the Street from NYTimes.com

Morgan Stanley is ready to unleash its 17,800 brokers into popular social media service Twitter (their archive and monitoring solution is Socialware). But nothing they post will be unscripted. Good luck with that, we say.

IPS AdvisorPro® and Redtail Integrate Technology Systems from IPSAdvisorPro.com

IPS AdvisorPro® and Redtail Technology announced the availability of a new data integration between their industry leading technology platforms for financial advisors. The new integration will streamline the preparation of Investment Policy Statements (IPS) by automatically populating IPS AdvisorPro® fields with client information contained in Redtail’s CRM solution.

After tortoise-like beginnings, AssetBook is now on-the-hop in portfolio management software from RIABiz.com

One smaller but fast-emerging portfolio management software firm is AssetBook. Based in McHenry, Md., it has burst onto the portfolio management software scene thanks to a recent marketing push and now has 150 firms using its services.

 

FPPad Bits and Bytes for May 13

Posted on May 13, 2011 by in Bits & Bytes

We’re attending the 2011 FPA DFW Financial Planning Symposium today (our second of four conferences this month!) and will be live tweeting updates using the #FPADFW hashtag.

In the meantime, below are this week’s best stories in financial planning technology.

Read this month’s column for Morningstar Advisor, A Popular CRM Gets an Upgrade

Over the last 12 months, Redtail product developers and engineers have been working hard to prepare a new version of its CRM, code-named Project Leapfrog, scheduled for official release in January 2012. In this month’s column, Bill explores the new features and design of Project Leapfrog and how they improve this already-popular CRM.

Cabinet NG First to Offer Scheduling, Workflow and Document Management in One Package from MarketWire.com

Cabinet NG, provider of document management and workflow management software, today announced the latest version of CNG-SAFE 7.0. The new version aligns document and contact management through its breakthrough scheduling capability making it an industry first with scheduling, workflow and document management in one core package.

Cambridge, Commonwealth vault advisors into social media; the boost is mostly free, for now from RIABiz.com

Sensing the urgency for advisors to have access to social media, Cambridge Investment Research and Commonwealth Financial Network have begun offering their advisors coaching and technology services to help them use social web sites.

Choosing Software That Works for Your Advisory Firm-Part 5: How to Implement New Technology from AdvisorOne.com

The fifth update in a six-part series by Spenser Segal of ActiFi designed to present best practices to advisors on how to choose, implement and monitor new technology for an advisory firm.

Actiance Selected by Smarsh as Social Media Compliance Partner from Reuters.com

Actiance, enablers of the safe and compliant use of unified communications, collaboration and Web 2.0, today announced that Smarsh, the managed service leader in secure and reliable email archiving and compliance solutions, has expanded its agreement with Actiance to include the Socialite platform.

 

 

Redtail Adds Mobile Assistant Integration to Transcribe Notes into CRM

Posted on May 10, 2011 by in Software

We’re back in our Dallas headquarters, but not for long.

See Bill next week at NAPFA National 2011, then two weeks later at FPA NorCal. If you heard the great feedback about Bill’s session Cultivating Clients in a Connected World at last week’s FPA Retreat, you have a chance to see the session live at FPA NorCal!

Now on with the technology updates.

Redtail Technology, providers of the popular web-based CRM, just announced an integration with Mobile Assistant. This integration allows advisers to use a transcription service to automatically update client records in their Redtail CRM system.

Advisers should have no more excuses about not having time to update records after a client phone call or meeting. Just call up your Mobile Assistant account, dictate your notes, and find them in Redtail the next day.

For all the details on the integration, click here to read the release notes on Redtail’s blog.

FPPad Bits and Bytes for March 4

Posted on March 4, 2011 by in Bits & Bytes

Due to a change in plans, we’re monitoring FPA Business Solutions 2011 from the Twitter back channel (follow the #BizSol11 hashtag) instead of live blogging from the conference.

Despite this setback, we’re still here to provide a high-value Bits and Bytes offering the best in this week’s stories on financial planning technology. Here they are, in no particular order:

Junxure Announces Cloud Strategy from eReleases.com

(Bill’s note: Junxure in the cloud has been a long time coming, but a 2012 release? We were hoping for something this year…) Junxure announced today its strategy for delivering a Web-based CRM product to meet the needs of financial advisors. Junxure will release its cloud product, which has been several years in development, in 2012.

Hitting the Tech Target at Financial-Planning.com

(Bill’s note: While Bruckenstein highlights technology challenges advisors face today [lack of integration, embracing mobile devices, and committing money to technology purchases], I wish FP’s editors had allowed room in this article for some tangible solutions.) What are some of the major technology challenges advisors are facing today? To upgrade their technology, they need to create a budget for that purpose, figure out how to integrate the software they choose and sign on to the power of the mobile revolution to transform their practice.

Solving the Software Compatibility Puzzle from Registered Rep

These days, in addition to the service that reps come to expect, custodians also offer multi-layered technology platforms that can make the difference between a well-honed office and one that is constantly trying to pick up the pieces. But independents are a fiercely self-sufficient crew, and they often like to cherry-pick their own technology applications. So it’s crucial that all these technology tools talk to each other.

2011 Tech Trends at Financial Advisor

Veteran financial technology writer Andrew Gluck posits on six technology trends for 2011.

Seeing Opportunity In Smart Technologies from the Financial Adviser blog by Dow Jones

Next-generation wealth-management clients are miles ahead of the investment industry in their adoption of smart technologies. Wealth firms will have to catch up, fast, or lose ground to nimbler and savvier rivals.

 

 

FPPad Bits and Bytes for February 25

Posted on February 25, 2011 by in Bits & Bytes

This has been a very productive week at FPPad headquarters as a result of  many new connections we established while attending the T3 Conference. T3 dominated our news feeds, and as such, dominates this week’s Bits and Bytes.

Here are some of the best reviews we’ve come across for T3:

Eavesdropping on the T3 conference by four bloggers with four missions as attendees at RIABiz.com

Conferences go by in a blur with so many vendors and attendees to meet and debrief. It takes a small army to cover them — even a smaller event like T3. Fortunately, RIABiz had many boots on the ground.

And a collection of blog entries from T3:

We have more notes from T3 that we’re assembling for a full column to be featured on Morningstar Advisor in March. Look for it on Thursday the 10th.

Lastly, here is this week’s blog post from Bill at Morningstar Advisor, Two Approaches to Technology Integration.

FPPad Bits and Bytes for February 11

Posted on February 11, 2011 by in Bits & Bytes

We’re taking today off (psst: it’s Bill’s birthday!), but before we go, here are this week’s stories of interest in financial planning technology:

Navigating the CRM labyrinth from InvesetmentNews.com

It’s obvious from my recent conversations with advisers that customer relationship management software still causes plenty of confusion.

Socialware Secures $3 Million in Funding at Marketwire.com

Socialware, the leader in social media compliance and engagement, today announced that it has secured $3 million in additional funding from existing investors, including FLOODGATE, G-51 Capital and Silverton Partners.

Fidelity® Unveils New Technology Strategy to Meet Rapidly Evolving Needs of Advisors and Investors at Fidelity.com

National Financial®, a Fidelity Investments® company and the nation’s 2nd largest provider of clearing services to broker-dealers1, today unveiled a comprehensive new technology strategy that will focus on making significantly larger investments in key areas its broker-dealer clients have indicated would best support their overall growth and efficiency objectives.

And Bill’s column Hop on the Mobile Bandwagon at MorningstarAdvisor.com

Orion’s MobileAdvisor provides another reason to embrace mobile computing.

Guess Schwab’s Intelligent Integration Partners, Win Free Coffee!

Posted on October 21, 2010 by in General

Schwab IMPACT 2010The countdown to Schwab IMPACT 2010 is underway. In less than five days, Charles Schwab & Co., Inc. will kick off its annual conference for RIAs with a host of education sessions, keynote presentations, and vendor expo events.

One event eagerly anticipated by advisers, vendors, and technology consultants (*wink*) is the announcement of Schwab’s Intelligent Integration partners. The first partners to be announced will be providers of CRM software to the investment adviser industry. Neesha Hathi, Schwab VP for Advisor Technology Solutions, defines Intelligent Integration as an “eco-system where all the applications live together.”

So the $64,000 question: Who will be the first Intelligent Integration partners?

Speculation is fun, and so are contests. So we at FPPad are holding a contest.

If you can correctly identify the Intelligent Integration partners, you win free coffee. How much free coffee? A $15 Starbucks gift card.

So leave a comment below with your guess of the CRM vendors you think will be selected as Intelligent Integration partners.

In honor of the new plain-English Form ADV Part 2, here are some plain-English contest rules:

  • If you correctly identify a vendor, you get one point for each vendor named. If your guess includes a vendor that is not announced as a partner, you lose one point for each vendor named. Oh! Yes, there’s a penalty for incorrect guesses. Otherwise you could write in all the names of CRM vendors in the market and win that way. So be selective. The submission with the most total points wins!
  • One entry per e-mail address. You must post a comment below. We apologize to those who cannot post to Internet forums due to compliance reasons. If you don’t leave a valid e-mail, we can’t contact you if you win. We won’t use your e-mail for anything other than contacting you if you win. Period. But we’d love it if you subscribed to our newsletter while you’re here!
  • Submissions must be posted by 11:59PM EDT Monday, October 25, 2010.
  • Employees of Charles Schwab & Co. and any vendors included in the Intelligent Integration partner announcement are ineligible.
  • In the of event multiple people with the highest number of points, one name will be drawn at random from a hat by my son Daniel. He’s 18 months old and is impartial to the contest outcome.

To start the submissions, here’s our guess on the first Intelligent Integration CRM partners: Junxure, Tamarac Advisor CRM™, Microsoft Dynamics CRM, and Salesforce.com.

See how easy it is! Now submit your guess.