RIA CRM: Meeting Preparation in Your CRM
As a financial advisor, client meetings are a crucial part of your job. These meetings provide the opportunity to build relationships, gain trust, and ultimately help your clients achieve their financial goals. However, preparing for a meeting can be time-consuming and overwhelming, especially if you are managing a large number of clients. This is where […]
Why a Custom CRM System is Best When Switching CRM Systems
As your business grows, you may find that your current CRM system no longer meets your needs. Whether it’s limited functionality, difficulty in managing data, or poor integration with other tools, switching to a new CRM system can be a daunting task. While there are several options available in the market, a custom CRM system […]
5 Myths of CRM Features
Customer Relationship Management (CRM) software is a powerful tool that can revolutionize the way businesses operate. However, there are many misconceptions about the features and capabilities of CRM systems that prevent businesses from realizing their full potential. In this blog post, we’ll debunk five common myths about CRM features and set the record straight. Myth […]
RIA Valuations
Looking to transition out of the business? I’ve worked with an office that was able to get 4x the valuation because of an optimized CRM. An optimized CRM adds value to the sale price in a succession. Give the buying party a way to quantify your book of business with metrics and reports to back […]
New Year, New Workflow: Templates and Clean Up for a Seamless Client
I have an amazing opportunity to conduct a Practice Management Takeover with Redtail Technology today! What is a Practice Management Takeover? Once a month, Redtail Technology partners with a professional in the industry to provide Redtail Technology users with best practices, insights, and to discuss strategy. If you are new to this webinar series, I […]
3 Reasons Why CRM Optimization is Important
Without CRM optimization, your CRM software is a glorified digital rolodex. The power behind CRM software comes to life when you document every client touch with your brand. Even if someone is calling in to ask the balance of their 401K, you still want to go in the CRM, add a note for history, and […]
How to Build Repeatable CRM Processes
Your processes are in the most dangerous place they can be – your head. Although you’ve done a process over and over, and you know how to do it, it doesn’t mean your team knows. Does your team know what to do if you go on vacation? What if the process person leaves abruptly? Repeatable […]
CRM Best Practices and Compliance Procedures – Part 2 (Form ADV)
Be sure to also view our webinar: CRM Best Practices and Compliance Procedures – Part 1 (Form CRS)
CRM Best Practices for Compliance Procedures
One of the most well-known compliance documents for Registered Investment Advisory firms is the Form ADV Part 1 and 2. It must be amended at least once a year and/or within 30 days of a material change. Customer Relationship Management (CRM) Software is ideally situated to track and manage compliance procedures and documentation. Why You […]
Using a CRM For Wealth Management
Looking for a solution focused on tracking, managing and analyzing interactions with clients, leads, prospects and strategic partners or Centers of Influence? The best technology to use is Customer Relationship Management (CRM) software. This technology has evolved over the past few decades from being a simple marketing tool to a complete contact management and project […]