Regardless of whether you choose Apple's iPad, Microsoft's Surface or another device, buying a tablet is a hefty investment. Before you sink more money into your new gadget, check out our selection of free apps, which run the gamut from a calendar manager that allows clients to schedule their own appointments to an analytics calculator that gives detailed data on your website traffic.
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Developed by Alex Murguia, a principal at McLean Asset Management in Virginia, this new wealth management/financial planning software (instreamwealth.com) is nothing less than groundbreaking, according to Gluck, who calls it “the most innovative professional wealth management software of the past decade.” Instead of financial plans gathering dust on a shelf between annual updates, the dashboard-based inStream system constantly monitors a plan’s moving parts, from mortgage rates to insurance policies to equity portfolios and beyond, providing prompts to the advisor when one of those parts needs revisiting. A term life policy about to expire? inStream lets the advisor know. And, notes Gluck, it even connects advisors to specific products to fill such a need via a marketplace or “suggestion engine.”
One of the first virtual meeting platforms remains one of the best. For advisors who serve senior clients, having video-conferencing capability just makes sense, says Winterberg. “Many seniors today Skype with their grandchildren. They can do the same with their advisor. They may even prefer it, for convenience.” What’s more, Skype helps remove geographic limitations on a client base, he adds. “If you specialize in certain types of clients, like retired military, for example, you can use this type of tool to prospect and communicate nationally.
The time is ripe for software that allows clients to see and access your calendar (only the part you want them to view) in order to check your availability and propose meeting times.
Monitor activity on your website — who’s visited, how they found you, which pages they viewed, how long they stayed, etc.
User-friendliness and scalability are among the reasons this portfolio management platform is widely acclaimed.