![]() RightCapital may not offer all the robustness (or complexity) of eMoney, Naviplan, or MoneyTree, in certain areas, but it does provide powerful capabilities (especially for tax-savvy advisors) at an attractive price in a competitive marketplace. particularly in an environment where advisors are pressured to justify their fees. However, RightCapital’s key differentiator is its detailed and tax-sensitive retirement distribution planning, which helps foster engagement between client and advisor, and importantly, demonstrates the actual dollar value that an advisor can offer. In the context of RightCapital, there are several areas that do stand out against its competitors, particularly when it comes to an attractive and intuitive user interface, real-time collaborative planning (and its speed to do calculations, which matters when clients are watching in real-time!), and the ability to choose either a goal-based or cashflow-based planning approach. Ultimately, most comprehensive financial planning software is ‘comprehensive’, which means ironically all the available solutions do so much it’s often difficult to differentiate at the margins which is really best at what. And notably, while RightCapital has expanded its suite of available integrations with popular CRMs, reporting tools, and custodians, it still doesn’t have the breadth of integrations when compared to other providers (which means it’s important to check upfront if it integrates for any particular advisor’s tech stack). RightCapital also offers a Social Security optimization and Student Loan planning modules, as well as accumulation planning and estate planning capabilities, though none of those features necessarily help the software stand out from other full-stack financial planning software providers or standalone vendors providing similar tools. Using either a goals-based or cashflow-based planning approach depending on the client’s personal circumstances and advisor preferences. ![]() ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |