Practice Management Tools [5]

AdvisorBenchmarking
www.advisorbenchmarking.com

From AB website: Welcome to AdvisorBenchmarking.com - the industry's most advanced benchmarking tool, offered to the RIA community free of charge.

In the many years we have spent working with financial advisors, two questions always kept coming up: "How do my successful peers manage their practices?" and "How does my practice compare to theirs?"

In its simplest definition, AdvisorBenchmarking.com is a sophisticated online tool that offers the answers to these two questions. It shows you how the most successful advisors manage their practices and it allows you to compare your practice to theirs. By learning these best practices and finding out how you stack up to your peers, you will have the necessary market intelligence to enhance and grow your practice.

So why do we do this? Well, AdvisorBenchmarking, Inc., the owner of the site is the industry's growing research authority on the RIA marketplace. Our research and analysis is driven primarily by the confidential data we gather from the site, which we only use in aggregate form. We offer users of the site advanced benchmarking functionality and valuable research in order to build a community of participants and encourage repeat visits.

AdvisorBenchmarking, Inc. is an affiliate of Rydex SGI of Rockville, MD.

Quantuvis Online
Quantuvis Consulting
www.quantuvis.com

From Q website: To expand the work we do and provide all advisors with access to the best of practice management, Quantuvis Consulting has developed Quantuvis Online, an innovative, web-based practice manager that allows every advisor build a better, more profitable business at a price any advisor can afford.

This comprehensive, integrated, and easy-to-use practice manager brings the best of practice management to your desktop, and personalizes it to your practice.

Whatever your goals – streamlining operations, turbo charging growth, building a world-class team or maximizing value for sale or transition – you’ll have access to everything we do.

Your Personal Practice Manager.

With Quantuvis Online, you will have access to the intellectual property, thought leadership, business intelligence, best practices, business tools, experience and expertise we’ve developed as one of the industry’s most respected consulting firms. We’ve gone even further by ensuring you have the same capabilities we deliver in personal consulting engagements – the ability to define your goals, assess your practice, analyze your findings, and customize solutions that meet your needs.

PracticeLifecycle.com
www.practicelifecycle.com

From PL website: Practice Lifecycle is a web portal built by some of the most respected industry practitioners for industry practitioners. The portal has been carefully designed to include the critical information advisors need to make both day-to-day and long-term strategic practice management decisions with confidence. Regular contributions from today's industry leaders allow you to operate your practice with a much-needed virtual business consultant by your side.

The Practice Lifecycle is divided into a series of segments that track the advisor's passage from practice startup through growth and maturation and, eventually, business succession. We have aligned these segments with the many phases of flight in an effort to draw similarities between the two which will help you better understand the progression of the advisory practice. Each Practice Lifecycle segment is divided into four sections; Practice Management, Practice Technology, Practice Marketing, Practice Technology, Practice Marketing and Practice Compliance.

ProfitSee
http://myprofitsee.com/

From PS website: ProfitSee is the accessible equivalent of having an experienced CFO. Someone who helps you understand your finances and make smarter business decisions. No more time-consuming spreadsheets and lengthy, confusing reports.

 ProfitSee helps you:
• Review your company’s financial health and key trends in 5 minutes
• Model budget scenarios for growth in 15 minutes
• Answer key questions in minutes (e. g. what would it take to grow revenue and profitability?


RoadMap
ActiFi
www.actifi.com

From AF website: Roadmap is a first-of-its-kind online strategic planning tool that takes high-level business objectives and, through a series of intuitive choices, helps you and your advisor/rep client "drill down" to tactical-level recommendations.

Roadmap will help you help your advisors build a more successful, efficient, and profitable practice by taking the guesswork out of planning. What used to take hours or even days can now take minutes. Your advisor clients will know exactly what they need to do to accomplish a goal and who is going to do it at their firm, and Roadmap enables you (and them) to track and monitor progress.