The Ultimate List of 25 CRM Vendors for Financial Advisors

Get a taste of 25 flavors of CRM technology for your wealth management practice

You’ve read the CRM tech reviews. You’ve heard opinions from advisors. You might have even tested a new client relationship management software system recently. After all this, are you still searching for the best CRM that’s right for you?

We compiled a list of the leading CRM solutions tailored for wealth management, and included their messaging to get a taste of each product. Each CRM solution has its own flavor that matches different tastes so shop around with this handy compilation. In subsequent blog posts, we’ll provide some guidance from our point of view on what to look for in a CRM. (Sign up to the Wealthbox email newsletter to the right for blog updates!) So, here are…

25 CRM Alternatives for Financial Advisors (in alphabetical order)

Act4Advisors

“Add-on for ACT!”

www.act4advisors.com

Advisor’s Assistant CRM

“The Leader in Client Management Software Since 1985. Web-based or Computer-based. We Do Both”

www.advisorsassistant.com

AppCrown

“Empowering broker-dealers and advisers to build world class businesses”

www.appcrown.com

Bill Good Marketing

“#1 in Marketing Systems”

www.billgood.com

Broker’s Ally

“Client and Prospect Management Software for Advisors”

www.brokersally.com

Concenter Service’s XLR8

“CRM in The Clouds”

www.concenterservices.com/crm_xlr8.html

Envestnet / Tamarac’s Advisor CRM

“Client Relationship Management for Investment Advisors”

www.tamaracinc.com/Advisor-CRM.aspx

Goldmine CRM

“A Leader in Managing Contacts for Over 25 Years”

www.goldmine.com

Grendel CRM

“Control Your Monsters”

www.grendelonline.com

IAS / Interactive Advisory Software

“The Comprehensive Solution for the Elite Advisor”

www.interactiveadvisorysoftware.com

Junxure CRM

“Service + Efficiency >> Growth + Profit”

www.junxure.com

Maximizer CRM

“Helping Financial Advisors Succeed”

www.maximizer.com/wealth-management

Microsoft Dynamics CRM

“Financial Services”

www.microsoft.com/en-us/dynamics/crm-financial-services.aspx

Morningstar Office

“All-inclusive advisor portfolio management software.”

corporate.morningstar.com/us/asp/subject.aspx?xmlfile=142.xml

Navatar Advisor CRM

“Cloud Computing for Wall Street”

www.navatargroup.com/financial-services-cloud/navatar-advisor-ria-crm-for-salesforce.php

NexJ

“Next generation CRM”

www.nexj.com/technology/next-generation-crm

Pareto CRM

“Seeing is Believing.”

crm.paretoplatform.com

Practice Builder Financial

“Founded in 1969…”

www.financialsoftware.com/pracbldr

ProTracker

“Solutions for Busy Professionals”

www.protracker.com

Redtail Technology CRM

“A new year. A new CRM.”

corporate.redtailtechnology.com

Salentica CRM

“CRM for Wealth Management”

www.salentica.com

Salesforce CRM

“The Customer Success Platform”

www.salesforce.com

Satuit CRM

“Increasing efficiency and revenue”

www.satuit.com/solutions/wealth-management

SmartOffice CRM, powered by Ebix

“CRM Solutions for Insurance and Financial Services”

www.ebixcrm.com

Wealthbox CRM

“CRM for Financial Advisors”

www.wealthbox.com

Note: The CRM solutions listed above (with the exception of Goldmine which many advisors have used) have features specifically tailored for financial advisors, whether as stand-alone or integrated turnkey management in an advisor’s practice. A few solutions above are also overlays atop platforms like Salesforce and Microsoft. There are other “horizontal” solutions that offer basic contact management and CRM functionality for small businesses, like small advisory firms. These include (again in alphabetical order) Base, Batchbook, Capsule, Clevertim, Clinchpad, Contactually, Insightly, Highrise, Less Annoying, OnePageCRM, Pipeline Deals, Pipeliner, Podio, Nimble, Nutshell, Odoo, Sugar CRM, Streak, and Zoho CRM among many others.

If there’s one recommendation we’d make, it’s to kick the tires and test drive a CRM before making a purchasing decision that’s based simply on a feature checklist. We’ll write more about the “user experience” in software apps soon.

Hope this helps!

Team Wealthbox

Wealthbox is the Official CRM of Simplicity