The April Pulse Report: Financial Advisor Newsletter
Note from the CEO Spring is a time for growth and renewal which sums up the current vibe at AssetBook perfectly. I am excited for what 2021 has in store for…
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ByAllAccounts
RIAs work with clients who may have outside accounts of various types on multiple platforms. These additional assets are a crucial part of the client’s financial picture requiring advisors to…
Storming Wall Street: What is the Impact on the Industry and Investors?
Stories about GameStop have dominated the financial news over the past several weeks. The information is about how retail investors have been driving this and other significant shorts for several…
Wealthtech Investing Trends 2021
While we don’t know what 2021 will bring in terms of Wealthtech investing, a look back at some trends in 2020 provides some insights and food for thought. Much of…
Robinhood, GameStop and Why Advisors Should Care
One of the biggest news stories of the past week has been the heightened trading activity and price volatility of GameStop and a number of other companies targeted by participants…
Tax Changes for 2021- Business/Advisor Practice Updates
While it remains unknown what changes President Biden will propose to the tax laws, the following changes are already in place for 2021 that could impact some of your clients:…
What RIAs Are Focusing on in 2021? – Tech to Boost Their Financial Outlook
For RIAs and most other businesses, 2020 was a year of transition and one that presented many challenges. Many of these challenges will continue and will represent key business priorities…
How Will Small Businesses Benefit From the Latest Stimulus Package?
The latest fiscal stimulus bill was passed by Congress and signed into law in late December 2020. The bill offered economic relief for individuals, small businesses and provisions about distributing…
Data Aggregators- What’s the Big Deal?
Financial advisors are increasingly using data aggregators to help them get a handle on all of their client’s accounts in one comprehensive online format. Data aggregation allows both the advisor…
Best in Class or All-In-One? Why Your Choice Matters.
If this were a regular this vs. that type of article, it would start by defining why it’s challenging to choose between best in class or all-in-one platforms. We would…
Technology is not a fad
A growing reliance on technology was a trend before 2020 and the COVID-19 pandemic, but this trend will continue to accelerate into every aspect of your business. A software platform…
Keeping Assets In-House: Wealth Transfer Best Practices
The next 25 years will produce the most massive inter-generational transfer of wealth in history. Cerulli Associates estimates the total amount of this wealth transfer to be in the range…
Is Your RIA Practice Being Audited?
Having an audit by state or federal regulators can be a harrowing experience for any RIA practice regardless of the firm’s size. While you have no control over whether or…
Socially Responsible Investing and Scoring Portfolios
With Socially Responsible Investing (SRI) continuing to gain popularity, offering SRI within your portfolios will meet the demands of investors looking to ‘do good’ for others. Now, as COVID-19 continues…
What to Look for in Client Billing Software
Invoicing clients for financial advice and portfolio management should be simple, seamless, and painless. If you have the right integrated client management and reporting software platform, it can be. With…
The Benefits of Professional Membership
Joining a professional organization has many benefits, such as networking opportunities, continuing education, and industry support. Membership in any industry organization is critical to keeping ahead of changes and furthering…
Why Software + Service Is Still #1
In today’s digital environment, it is not enough to sell only a product. It doesn’t matter if the product is financial advice or technology; there is always something more that…
Inside Information: Bob Veres on Pulse by AssetBook
Financial planning/advisory firms can spend a lot of money on portfolio reporting/management software, at a time when portfolio manegement activities are becoming a smaller and smaller part of their value…
Tax Efficiency: Using the Right Tool for Better Client Outcomes
Planning for tax efficiency in client portfolios during times of volatility is essential for clients, and easily accomplished with the right tools. In today’s bear market, tax efficiency management is…
More Time, More Money Through Technology
FinTech continues to advance, creating more efficiencies for automated business processes. Gone are the days of manually crunching numbers since emerging software can now do everything from portfolio management, reporting,…
Four Considerations to Taking Control of Your Tech Stack
Fintech is essentially the new use of technology to solve old problems. The products are fast, easy to use, and convenient. But what happens when your FinTech vendor has an…
AssetBook Releases Pulse Platform Third Generation Portfolio Management and Accounting Platform
By Joel Bruckenstein, CFP AssetBook just officially released the Pulse Platform, their third-generation portfolio management and accounting system. The platform has been in beta testing with approximately fifty firms for…
AssetBook Enhances Portfolio Reporting for Financial Advisors
BALTIMORE, Aug. 10, 2020 /PRNewswire/ — AssetBook announced the release today of Pulse by AssetBook, containing enhanced features for portfolio monitoring and reporting. AssetBook continues to develop innovative portfolio management solutions for wealth advisors,…
Window Shopping or Building Your Tech Stack: 5 Key Considerations Before You Buy
Improving productivity through swapping out your old technology for a more enhanced solution is critical to any business. Working as a financial advisor is extremely competitive, making a technology-driven business…
3 Keys to Building an Engaged, Remote Workforce
The coronavirus pandemic has forced advisors to rapidly shift to a remote working environment. While some advisors are now embarking on plans to re-open their office, most are considering having…
How to Use Your Holding Household
We take a look at how financial advisors using the AssetBook platform can best utilize the Holding Household feature to easily manage new accounts added to the system.
Are You Getting the Most Out of Your Clients’ Held Away Accounts?
As advisors, you make your living by making decisions that help your clients reach their unique short and long-term goals. As advisors, you turn to technology partners in order to…
What the SECURE Act Means For Advisors And Their Clients
The SECURE Act went into effect earlier this year, causing a stir throughout the advisor world. The new act changes several existing details regarding how you and your clients approach…
Smarter Document Management with AssetBook
In this post, we take a look at how you can easily view your reports in the new AssetBook platform using the Document Center tool.
Fee-Only Financial Advisors: Are they really better than commission-based models?
Investors’ preference for fee-only advisors currently dwarfs commission-based models. But are they really the best option for you?
How SaaS is Changing in 2019: Where’s the Service?
Over the past 5 years, we’ve seen a high number of companies entering the SaaS space. Just check your LinkedIn. If you work in technology, then you without a…
What Charles Schwab Selling PortfolioCenter to Envestnet Tamarac Means for You
We take a look at the recent deal by Charles Schwab and Envesnet Tamarac to see what the recent acquisition of PortfolioCenter could mean for you.
The Future of Finance: Top 5 Fintech Trends to Watch
Traditionally, the financial sector has been slow to invest in and adopt groundbreaking technologies. However, in 2018 we saw a number of well-established institutions kick “tradition” out the door to…