3 essential tools for financial advisors

April 21, 2020

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Financial advisors need certain tools to be effective in their job. These include:

Customer Relationship Management Software (CRM)

Consider CRM as a digital Rolodex and your brain combined. Put simply, a CRM helps you keep track of existing clients and all your potential leads. A CRM includes a lot of details like contact information, conversations notes, and the personal details of the client. A CRM can show your clients that you prioritize their needs and consider the relationship important. Features to look for in a CRM: the ability to integrate with other of the most used services, mobile access and workflow automation

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Financial Planning Software

This may seem like obvious advice, given that a lot of advisors are already using platforms for financial planning. For those who still question the value of financial planning tools, they are great for showing clients their goals, as well as the steps that will be done to help them achieve their goals. Modern financial planning tools are very dynamic and efficient to describe projected retirement planning, budgeting and debt management, and the potential for taxation scenarios. For Financial advisor software, visit a site like https://www.intelliflo.com/financial-adviser-software

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Email Marketing Automation Software

Email marketing automation software allows you to efficiently manage all communications to your leads, prospects, and clients. You can set a sequence of emails for each new lead, such as automatic “birthday” emails to customers or clients, for example. You can also set up scheduled emails to remind clients of impending appointments.