RIA Technology for Financial Advisors

RIA Technology Overview

We have created RIA technology systems that can work with just about any planning software. These systems also provide the foundation for implementing your firm’s processes.

Advisors who work with FocusPoint have access to integrated, non-proprietary, highly intuitive RIA technology and software—at an extreme discount. This RIA technology platform includes:

  • contact management
  • portfolio performance reporting
  • form filling, online document storage
  • an E-signature/DocuSign solution
  • even a client portal (accessible to clients through your website)
  • all nightly/weekly backups

These financial advisor technology tools give advisors the option of not having to maintain their own server.

With an Internet connection, you can view all client files, including scanned-in documents. RIA platform software can show daily market values. It displays every activity you, your staff, and your FocusPoint back/middle office team have ever done for/with a client.

We feel strongly about an advisor’s virtual office. It’s paramount that you have fully integrated RIA software that works well with everything else.

What’s Included in Your New Virtual Office & RIA Software

Here’s what you have access to within the FocusPoint suite of RIA technology and software (a fully integrated virtual office):

  • CRM (data conversion as applicable)
  • Portfolio management software for RIA
  • Reporting software
  • Online document storage
  • Client portal (accessible to your clients via your website)
  • Ongoing technology/software training and upgrades/enhancements
  • Offsite server hosting/maintenance
  • Nightly and weekly client data backup
  • E-signature/DocuSign solution

One strategic decision we’ve made is not to incorporate any financial planning software into our RIA technology systems. This is because we have found that almost every advisor has a slightly different planning process. We suspect that, like most advisors we support, you are fiercely independent.

That’s why we will never dictate how you communicate with or service your clients with RIA technology. On a similar note, we have created systems that are highly adaptable. They can work with just about any planning software or process you’ve chosen as best for you and your business.

Meet the RIA Technology Team

Our firm regularly reviews our integrated technology services for RIA. We check in with advisors for feedback on anything that might be missing or needed. This approach helps to eliminate the need for advisors we support to spend their valuable time researching. It addresses what will likely always be an evolving aspect of their business planning.

On a related note, these advisors also chose to outsource various business activities to our experienced team. They choose to enlist a virtual business partner who can help them achieve their goals. These goals include increased efficiency, time freed up, and additional capacity built into their business for future potential growth.

Chad Grooms FocusPoint Solutions Director of Technology

Chad Grooms

Director of Technology

Learn More About Chad