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The Best 10 CRM Software Options for Financial Advisors

Maria Waida
March 24, 2019
CRM software options for financial advisors

CRM software options for financial advisors continue to grow in number. In fact, as of last year, CRMs have continued to outsell database management systems. And according to CRM software statistics, global spending on CRM technology is predicted to exceed $80 billion by 2025.

What does this mean for you? CRM software is here to stay. Your competitors are probably already using it. And there is a lot of information to sift through to find one that’s best for your business.

That’s where this list comes in. Maybe it’s your first time shopping for a CRM or you’re looking to upgrade your current one. Either way, these 10 CRM software options for financial advisors are a great starting point.

1. Envestnet

Founded in 1999, this industry veteran and CRM software option for financial advisors has earned a ton of awards. Envestment does a lot of things well, but one of their best features includes the ability to automate monitoring, customize branding, and ensure compliance.

2. Wealthbox

One of the best parts of Wealthbox is its fresh design. No additional training is required to use this tool. It’s a great option for managing staff, prospects, and clients in one place.

3. Practifi

Practifi was specifically made for financial services businesses, with special features created just for advisors. In addition to being a CRM, Practifi doubles as a business management platform for a one-stop shop experience.

4. Junxure

Junxure, like most high-quality CRM software options for financial advisors, has advanced reporting options. They pride themselves on their stellar customer service and incredible client retention rate (96%, according to their website). They’re definitely doing something right!

5. Wealth Advisor CRM

Wealth Advisor CRM makes our list of top CRM software options for financial advisors because it’s easy to use and highly effective. Set financial goals, customize the website to suit your needs, and keep track of all your trades.

6. Redtail Technology

One of Redtail Technology’s coolest features is called Speak. Speak lets users text clients over a fully compliant system that is already built into the CRM. Users can send attachments, confirm deliveries, and keep track of conversations with their automated archival system.

7. UGRU Financial CRM

UGRU stands out amongst its competition and makes a point to compare its program with others side-by-side. For example, when compared to its rival Salesforce, UGRU offers features like territory management, email segregation, and lead referral tracking in its basic package whereas Salesforce requires a plan upgrade. UGRU also offers helpful webinars, task management solutions, and referral tracking.

8. SatuitCRM

SatuitCRM has an Investor Portal that provides online access to information like account data, statements, and reports. Users can also quickly share and sign forms or invoices, streamlining what can be a time consuming but an important administrative task.

9. RedBlack

RedBlack demonstrates its expertise over and over again with its assertive industry leader presence. To name a few of its features, it offers users the ability to create custom dashboards, rebalance accounts, and set up trade authorizations.

10. NexJ Intelligent

NexJ Intelligent adds some unique details to their CRM software options for financial advisors. In addition the usual info, NexJ Intelligent also saves facts like hobbies, interests, and key relationships for client or prospect. It also keeps track of social media messages.

Boost Sales Through Better Relationships

In conclusion, are lots of CRM software options or financial advisors to choose from. Even if you don’t pick one from this list, remember that customer relationships require constant nurturing. That’s why consistent and high-quality marketing is a must.

If you’re a financial advisor who would like some help with creating and sharing engaging content online, OutboundEngine is here. Schedule a free demo and see the many ways we help financial advisors.

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