Top 5 Alternatives to Xplan
If you’re in the market for wealth management solutions, then Xplan is likely on your radar. Developed by IRESS, Xplan is an award-winning software designed for businesses of all sizes that provide financial advice. Its features help advisers manage their clients’ portfolios, generate financial plans and reports, and ensure compliance. By automating many routine tasks, Xplan streamlines workflow and improves efficiency, enabling advisers to focus on more productive work.
What is Xplan?
Xplan comes in three versions: Essentials, Plus, and One. Essentials offer sufficient functionality for most advice businesses, while Plus is designed for growing businesses, providing additional modules and customizable reports, documents, and workflows. One is developed for businesses with specific hosting and customization needs. All versions provide unlimited storage, best practice workflows, access from remote devices and platforms, and a secure client portal.
Despite its many features, Xplan may not be the best fit for every practice. Fortunately, there are over a hundred alternatives to Xplan, ranging from task management tools to comprehensive financial planning software. In this article, we’ll explore 5 top alternatives to Xplan.
Midwinter Advice OS
First up is Midwinter Advice OS, a cloud-based financial planning software designed specifically for financial advisers. It offers a suite of tools for managing your practice, including custom financial plans, client portfolio monitoring, and compliance management. Its user-friendly interface and third-party integrations make it an attractive option for advisers looking to streamline their workflow.
Asendium
Asendium is a cloud-based financial planning software that provides advisers with a range of tools to manage their practice more effectively. Its user-friendly interface makes it easy to create and manage client portfolios, generate customized financial reports, and manage compliance requirements. Asendium also integrates with other software platforms, allowing advisers to streamline their workflow and improve efficiency.
Platform Plus
Next is Platform Plus, another robust cloud-based financial planning software that offers a range of features to help advisers manage their practice more effectively. It provides a user-friendly interface for creating and managing client portfolios, generating customized financial reports, and managing compliance requirements. With integrations to other software platforms, Platform Plus helps advisers improve their workflow and efficiency.
Adviser Logic
Adviser Logic is a comprehensive financial planning software that offers features similar to Midwinter Advice OS and Platform Plus. Its user-friendly interface makes it easy to create and manage client portfolios, generate customized financial reports, and manage compliance requirements. Adviser Logic also integrates with other software platforms, making it easy to streamline workflow and improve efficiency.
Ignition Wealth
Finally, Ignition Wealth is another cloud-based financial planning software equipped with a range of financial management features. Its user-friendly interface makes it easy to create and manage client portfolios, generate customized financial reports, and manage compliance requirements. Ignition Wealth also integrates with other software platforms, making it easy to streamline workflow and improve efficiency.
In conclusion, while Xplan has been a popular choice for many advisers, it’s important to consider alternatives that offer comprehensive features and integrations. Midwinter Advice OS, Platform Plus, Adviser Logic, Asendium, and Ignition Wealth are just a few of the top alternatives to Xplan that can help you manage your clients’ portfolios, generate financial plans and reports, and ensure compliance. choosing the right financial planning software is critical to the success of your practice. Many professional paraplanning companies are well-versed in a variety of these wealth management softwares. All the team at TNW Solutions have experience and knowledge of many of the software’s mentioned in this article.
If you are seeking professional financial advice that is tailored to your business then contact our team at TNW Solutions.
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