ReportWa - Reporting Automated

A modern RIA client portal is a secured website which allows your clients to access financial management tools and services, including but not limited to: their personal financial information, updates regarding their financial accounts, and their client information as it pertains to your work as their RIA. Client portals can also be used to share data with other professionals who are performing a service for the client, including attorneys and personal accountants. If you aren’t yet taking advantage of client portals, take a look at these 3 reasons why you should be making the shift to an RIA client portal as soon as possible. &nbsp #1: Client portals streamline client services in an easy-to-read location &nbsp Modern clients expect to be able to access their financial information and available services with the utmost convenience, and shifting to an RIA client portal is the best way to fulfill that expectation. Clients will be able to see overviews of their finances...

In the most certain terms, performance reports are the most important service that RIAs can offer their clientele. RIA performance reporting is what separates RIA services from bots and algorithms that can be purchased for far less than a qualified RIA. It is therefore essential that RIA performance reporting manages to satisfy and entice clients into continuing to use RIA services. The following are 3 ways that you can make your performance reports more essential, beneficial and ultimately more enticing for your current clientele. Integrate financial progress into performance reports Performance reports should not be all about financial returns. Financial returns are short-term measurements that may be visually appealing when laid out precisely on a report page, but they are often next to useless for clients who are using RIA services to meet more specific financial needs. Your RIA performance reporting should contain clear information about the financial progress of the cli...