Advisor Applications
CFP Who Was A Consulting Actuary Taught Himself Programming And His New Software Is Simple, Effective, And Adds A New Twist To Finding A Safe Retirement Withdrawal Rate
The Retirement Planner By RetireSoft
Zolt turned retirement income planning on its head to come up with a new way to solve the math problem of finding a retiree’s safe withdrawal rate. “It’s a paradigm shift,” says Zolt, 58.
Zolt says traditional financial planning software apps approach retirement income planning by starting with a retirement age assumption and then telling you whether you’re spending too much or too little. The retirement age is a fixed target in traditional retirement planning software.
Zolt’s software solves the
Salesforce Users: Advisor Software, Inc And Concenter Services Integrate CRM And Financial Planning For Financial Advisors
Advisor Software, a provider of goalgamiPro wealth management software, has integrated with XLR8, a CRM app built on Saleforce that is customized to suit an RIA's needs.
Both apps are available through the Salesforce AppExchange. RIAs can now use XLR8's customized Salesforce platform, to aggregate and analyze a client's CRM data with financial planning information from goalgamiPro.
Advisor Software was founded in 1995 by Andrew Rudd. In 1984, Rudd had co-founded Barra, Inc., and ran that firm for 15 years. In 2004, Barra was acquired by Morgan Stanley Capital Internation
TRX, Makers Of Portfolio Rebalancing Software, Acquires PowerAdvisor
Total Rebalance Expert, which makes software for rebalancing investment portfolios, has acquired PowerAdvisor, a portfolio management software company. What’s going on?
Sheryl Rowling, the owner of TRX, says PowerAdvisor has about 100 RIAs using its software, covering about 300 investment advisors.
PowerAdvisor, a portfolio management app made by a company called Cornerstone Revolutions, was born about a decade ago as “PowerBroker.” It was written up by the advisor tech press in 2004 as the next big thing for RIAs and named “rookie of the year.&
An Excellent Retirement Income Planning System For Financial Professionals
ID enables a comprehensive picture of a retirement income plan based on behavioral finance research. Clients are presented results in a different, new way. Instead of showing people Monte Carlo results showing the percentage of people likely to fail, ID presents the clients with a picture how what failure might look like. This presentation is very different from showing someone the chances of success and expressing retirement in terms similar to gambling or sports betting. Instead of presenting a retirement plan results as statistics, ID tells a client how many people on the proposed plan are
Apple's Latest iPhone Puts Focus Back On Fingerprint Security, Which Would Be Good For Advisors
Fingerprint scanners have long been a way to avoid the need for passwords to authenticate users of computers and other devices, ut it has never caught on. With Apple expected to include a fingerprint scanner on the more expensive of two iPhones it is expected to unveil Tuesday, it could breathe new life into the use of fingerprint scanners on hardware, which would be great for advisors.
