About Us

Overview

Press Releases

News Coverage

Awards

Customers

Complete Resource Library

“AdviceAmerica is a clear industry leader, scoring a perfect 5.00 on many criteria, including client access, scenario comparison capabilities and executive vision. The firm’s AdvisorVision software
is a powerful tool, with strong enterprise functionality and
analysis tools that make it ideal for firms with multilevel advisors."

“The Forrester Wave: Financial Planning Software 2007”
September, 2007

News Coverage

10 Top Technologies for Banking
With 80 million baby boomers about to retire and U.S. retirement assets hitting $15.6 trillion in the third quarter of 2009, financial institutions are seeing new value in financial planning tools. In a September report, TowerGroup predicted nothing less than “an explosion” in the use of financial planning tools, even though only 23% of Americans currently have a formal financial plan.

Metavante and AdviceAmerica team on wealth management planning services
Through a combined offering resulting from Metavante Corporation's existing strategic alliance with AdviceAmerica, financial institutions have the ability to implement both wealth management and advisory services solutions through a single relationship with Metavante. Metavante provides banking, trust and payments technology, and AdviceAmerica supplies financial planning software and advisor solutions.

AdviceAmerica And Metavante Focus On Planning
Metavante is now providing the option to add financial planning and advice technology to its existing wealth management offering.Through a combined offering resulting from Metavante Corporation's existing alliance with AdviceAmerica, instit ...

Metavante And AdviceAmerica Energise Planning/Advisory
Metavante is now providing the option to add financial planning and advice technology to its existing wealth management offering. Through a combined offering resulting from Metavante Corporation's existing alliance with AdviceAmerica, financial institutions have the ability to implement both wealth management and advisory services solutions through a single relationship with Metavante.

Checking Out AdvisorVision 7.0
Although I only had a limited amount of time to try out the program, I found much to like. First, it is a credit to AdviceAmerica that every successive version of AdvisorVision is substantially better than the last, so clearly they continue to move in the right direction. Overall, navigating the program is simple and intuitive. For the most part, tabs, menus, and the overall flow of the program work well. For those who need help, a number of free online tutorials are available that should keep the novice user on track.

AdviceAmerica Updates AdvisorVision Financial Planning Software
AdviceAmerica Inc. has released its latest version of its financial planning product, AdvisorVision 7, targeting improvements that focus on independent advisers and institutional firms. A new Advice Engine helps to create financial plans, and it is designed to reduce costs, said Purna Pareek, founder and chief executive of AdviceAmerica, which is based in Fremont, Calif. AdvisorVision 7 can share data with AdviceAmerica’s customer relationship management tool, ClientVision, creating a financial planning, portfolio construction and CRM tool on one platform.

What Separates a Great from Ordinary CRM
AdviceAmerica's Director of Marketing and Product Management, Gary Kinghorn, writes this article for Advisor Perspectives on what it takes to make a financial advisory firm's CRM implementation successful.

Financial Advisor CRM Solutions: What You Need to Know
Perhaps the main criteria when selecting a complete financial CRM solution is to determine what other applications it is integrated with. For example, can I get the data out seamlessly and run a comprehensive financial plan based on all of the asset and income details my CRM system is managing? If I’m a financial planner and I have to re-enter data, the efficiency the CRM system is offering may drop precipitously.

AdviceAmerica Updates Financial Planning System
The new release, AdvisorVision 7, targets both independent advisers as well as institutional firms, includes a new Advice Engine that automatically determines optimal plans and significantly shortens the time advisers spend in the planning process compared to other comprehensive planning applications.

New Products: ClientVision.
AdviceAmerica released ClientVision, a Web-based client management system aimed at financial advisors who use Outlook as their primary tool for client relations. ClientVision is tightly integrated with Outlook contacts, emails, calendars and tasks as well as financial planning and portfolio management tools, including AdviceAmerica's AdvisorVision.

Onboarding: Keep 'Em Coming Back
"You want to gather as much information on a customer coming in as you can: personal, contact info, risk tolerance, asset allocation, etc.," says Purna Pareek, founder and CEO of AdviceAmerica, whose Client Vision platform enables onboarding strategies by downloading data from custodians such as Pershing and TD Ameritrade, and by integrating back office systems with platforms that accrue demographic and life stage data.

Two new CRM systems increase firms' efficiency
Two new customer relationship management systems could help advisory firms save time and reduce overhead. The simpler, less expensive platform is ClientVision, a CRM system that is integrated with Microsoft Outlook 2007, from Microsoft Corp. of Redmond, Wash. It is web-based, and all data are backed up online. ClientVision, from AdviceAmerica, Inc. of Fremont, Calif., is designed for smaller firms whose client base has relatively simple, straightforward wealth management needs.

ClientVision: Enhance your Outlook software to help manage your client relationships and data
Many professionals use Outlook as a client information database. Now, the web-based application service ClientVision 1.0 expands Outlook 2007 so that users have access to a whole new dimension of client information.

Tool Combines Outlook with Planning
ClientVision allows advisors to access clients’ portfolios, goals, financial documents and activity history while in Outlook. The tool, aimed at independent and small-office advisors, essentially extends any client Outlook contact record with an additional menu bar that provides access to financial data and reports.

Virtual Office News (Joel Bruckenstein) reviews ClientVision.
ClientVision is still in beta testing at this time, it's too early to weigh in on the relative merits of the product, but based upon what we've seen so far, it does appear that this application will appeal to that 25% of survey respondents cited earlier who use MS Outlook for CRM but who need a bit more. For those currently using MS Outlook, and who want to easily and inexpensively extend its functionality, ClientVision just might be the plug-in they've been looking for.

Bulding an Advisor Workstation
AdviceAmerica's Gary Kinghorn discusses how independent advisors can efficiently build a financial advisor application platform that rivals what breakaway brokers expected from their major firm environment with little or no management overhead.

CRM Review: AdviceAmerica ClientVision.
ClientVision is certainly not the first adviser-targeted CRM solution, but it is the first to be tightly integrated into Microsoft™ Outlook 2007. This is a clever integration strategy by the company.

ACS Compliance Solutions, AdviceAmerica.
AdviceAmerica Inc. has released ClientVision, a web-based client relationship management solution for financial advisers.

AdviceAmerica Introduces CRM for Outlook.
Screens are nicely laid out and easy to understand and navigate. The process is similar to most of the applications we've seen - a short questionnaire on risk acceptance/avoidance, then access to whichever databases you have subscribed to to select investment vehicles that meet your client's risk criteria.

Using AdvisorVision is simple.
Screens are nicely laid out and easy to understand and navigate. The process is similar to most of the applications we've seen - a short questionnaire on risk acceptance/avoidance, then access to whichever databases you have subscribed to to select investment vehicles that meet your client's risk criteria.

Getting Antsy: Advisers Cope with High-Strung Clients
Some investors get jittery even in the best of times and these are not the best of times. The fluctuations in the stock market have created quite the headache for advisors, not to mention the surfeit of investment information via the Internet and cable news- By Anthony Malakian.

Planning software for the boomer future
Just as boomer advisors are doing everything they can to keep up with the changes in the retirement landscape, experts that design planning software are working just as hard- By Mike Werling.

Retirement Software: Do you have what boomers need?
A radical proposal for serving the next generation of retirees more effectively--and profitably- By Joel Bruckenstein.

Wealth Management: A Turf War to Win the Rich
Mass affluent specialists still require better tools to make advisor services more effective and attractive to more educated investors, says Purna Pareek, chairman of CEO of financial planning platform vendor AdviceAmerica.

Ranking the Vendors of Wealth Management Technology, 2007: Platforms
As the vendor market witnesses both consolidation and entrants, Celent evaluates 10 leading platform solutions.

AdviceAmerica's AdvisorVision featured in "WebCPA" magazine
Asset Allocation Software: Software to keep clients' investments hard at work- By Ted Needleman.

AdviceAmerica featured in "Windows in Financial Services" magazine
Glen Olpin says American First Credit Union uses AdviceAmerica to help its members with their retirement and investment planning.

A New Vision by Joel Bruckenstein
I recently tested the AdvisorVision 6.0 Retirement Income Edition (RIE) Professional version. This is the first production edition available on the 6.0 platform. RIE Pro is capable of generating automated planning recommendations, but it is designed to allow advisors to create their own.

High-Tech Retirement Solution- New software tool aims to meet needs of baby boomers
AdviceAmerica's recently released AdvisorVision Retirement Income Edition, a software package that specifically addresses the retirement income expectations and needs of Baby Boomers.

AdviceAmerica Launches Retirement Income Edition
AdviceAmerica, Inc., a Fremont, Calif.-based provider of financial planning software, today announced the release of their first product that specifically targets the retirement income and distribution planning needs of the baby boom generation.

Investment Management Newsflashes: AdviceAmerica Launches Retirement Income Planning Solution
To address the increasing challenges Baby Boomers face when entering retirement -- managing post-retirement risks and inadequate retirement income -- AdviceAmerica, a provider of financial planning software, recently released a retirement income planning and distribution solution, called AdvisorVision Retirement Income Edition.

First National Bank of Omaha Believes Retail Banks Can Compete
The challenge for financial firms is to offer [mass affluent] investors some form of personalized advice through technology so it isn't prohibitively costly to deliver. AdviceAmerica, a Microsoft partner, has developed technology for self-directed investors and for financial advisors who need a tool that can help them design personalized plans quickly.

NetBank: Personal Contact Without Branches
Curiously enough, even though it is an all-Internet bank, Atlanta-based $2.5 billion NetBank also uses AdviceAmerica as a way to link customers with financial advisors. Peter Rossi, the director of wealth management at NetBank and a former financial advisor, sees the value of AdviceAmerica in its efficiency and its flexibility.

banktech

Free Advice ... by Vicky Gerson
LifeVision compliments the bank's online services, notes Tom Haller, SVP at First National Bank Omaha. "Our customers have been using the Internet for their checking, credit card and loan needs," he says. "Now, they can pull all their financial planning together and receive comprehensive, automated financial advice."

Financial Planning Software for Major Firms

AdviceAmerica offers highly customized, enterprise-class advisor workstation, financial planning software and solutions that can be used by advisors and planning centers, as well as consumer-driven and call center applications. AdviceAmerica’s flagship financial planning software products, LifeVision and AdvisorVision, are leading-edge financial planning software tools designed on a flexible framework to meet a broad range of planning scenarios, from basic needs assessment to the most sophisticated estate planning scenarios for high net worth individuals. LifeVision is designed to be deployed on the firm’s external web site for prospects to educate themselves and perform their own needs analysis. Today, meeting the needs of the self-directed client with accurate, easy-to-use financial planning software tools is a critical first step in closing sales. Automating the initial needs analysis and data collection process also makes agents and advisors much more efficient. AdvisorVision is a more comprehensive financial planning software for multi-goal or more complex advisor-driven scenarios. Similar to LifeVision, AdvisorVision can be configured for various advice models and financial products. AdvisorVision is designed to increase advisor productivity with an easy-to-use interface and minimal manual input, while allowing for the most sophisticated planning scenarios and rules where needed. Both LifeVision and AdvisorVision financial planning softwares are built on a common application framework to provide a seamless transition as the client’s needs progress, and to minimize compliance headaches from inconsistent advice across applications and advisors. AdvisorVision represents the most sophisticated financial planning software available in the industry today. It is consistently validated by industry experts and market research firms as best in class for highly scalable, enterprise class advisor workstation and financial planning software. All AdvisorVision financial planning software products, except the Retirement Income Edition, address multi-goal financial plans, including education funding, survivor needs analysis, tax and estate planning, as well as accumulation goals. AdvisorVision financial planning software comes in multiple configurable versions to suit your business needs and advisory models, including a high-level needs analysis version for maximum in ease of use and productivity, as well as a more comprehensive version for more affluent clients and more detailed planning scenarios.

Financial Planning Software Key Features

Automated Strategies
AdvisorVision financial planning software can automatically generate strategies to meet client goals within established parameters without manually juggling inputs to find a successful plan.

Monte Carlo Simulation
Analyzes plan success probabilities based on the most detailed historical data available.

Customized Risk Assessment
Each organization can create their own risk assessment methodology to help tailor advice and promote specific products.

Scenario Builders
Easily create what-if and alternative scenarios off the base plan to allow for contingencies and alternative funding strategies with a minimum of effort.

Arbitrary Goal Analysis
Factor in a broad range of prioritized goals beyond retirement funding and distribution for a holistic plan.

Debt Management
Incorporate and analyze debt reduction strategies into the financial plan.

Portfolio Construction
Provides custom portfolio recommendations based on the plan requirements and personalized risk analysis.

Estate Planning
Factor in all estate planning techniques into the planning process to model wealth transfer and tax minimization strategies to meet goals.

Tax Planning
Build in detailed tax scenarios and assumptions, including what-if tax code changes and specific tax minimization strategies.

Business Intelligence Reports
Provides insight into business and management metrics such as revenue opportunities, customer conversion rates and advisor trends.

LifeVision financial planning software is designed to fill the need for a robust, self-directed financial planning software tool, designed to be run
from a financial institution's web site by end-user clients. LifeVision financial planning software provides the same underlying financial calculation and planning engine as the full AdvisorVision financial planning software used by professional advisors. The consistency of results across both applications can alleviate compliance concerns regarding inconsistent advice from common planning scenarios.

LifeVision financial planning software is designed on the same highly-scalable infrastructure as AdvisorVision to support tens of thousands of simultaneous users. The visible web interface can be completely customized to any look and feel to fit seamlessly into the overall financial web site and existing back-end applications.

Increase the Number of Qualified Prospects
LifeVision financial planning software allows you to attract and engage new prospects by offering the most compelling, easy-to-use online tools directly to self-directed consumers. LifeVision financial planning software identifies sales opportunities quickly, highlights your firm's financial products, and qualifies customers for follow-up and next steps. Agents and advisors can engage educated consumers actively, to address identified needs.

Easy Collaboration with Experts
LifeVision, as a client-facing financial planning software tool, allows easy collaboration with agents and advisors at every step of the process. Call center agents can share screens and data to guide users through the process, or provide immediate follow-up with additional product information and recommendations. This opt-in model provides greater client trust and a more efficient use of resources.
Overview AdvisorVision LifeVision Free Trial

Financial Planning Software for Independent and Small Office Advisors and RIAs

AdviceAmerica offers hosted advisor workstation, financial planning software, portfolio management and financial advisor CRM for independent and small office advisors and wealth managers.

The demand for quality financial advice has never been stronger. As people plan for retirement, they look for financial products and services in the context of a holistic plan that allows them to reach a broad range of financial and lifestyle goals, whether they are still saving for retirement or need guidance with their current retirement income. Financial advisors realize this is critical to retaining clients and increasing revenue.

The challenge has been finding the right financial planning software solution that is powerful enough for financial advisors to model complex client scenarios, but easy enough to use and scale their practice. Advisors need to generate results that can be understood by clients, while highlighting the specific financial needs and products marketed by the advisor.

The need to address complex compliance requirements, along with a desire to incorporate customized advice models has led many financial institutions to build their own monolithic planning systems to suit their specific needs, but often at a very high cost.

AdviceAmerica meets these challenges with the most powerful, yet easy to use financial planning software that integrates easily with large enterprise applications and infrastructure. AdvisorVision financial planning software is built on the most modular software framework in the industry, providing the ability to configure the application to provide value-added advice and product specific recommendations. It is designed for use by financial advisors working directly with clients in real-world, detailed planning scenarios.

AdviceAmerica complements its AdvisorVision financial planning software solutions with ClientVision, a complete financial advisor CRM platform that is fully integrated with Outlook 2007. ClientVision allows advisors to extend Outlook with all the financial details of their clients, including storing key online documents, and tracking client activity. ClientVision also allows greater collaboration across advisor teams since it is a shared database that is synchronized with each advisors own desktop through Outlook.

Managing client data, documents and contact information is one of the most time-intensive tasks that any financial professional or team deals with. Usually advisors have some type of contact management or Customer Relationship Management software to manage some or all of these tasks. The key for greater advisor efficiency is the depth of financial details that can be managed, and the integration of the contact system with other advisor financial planning software.

Besides Outlook, there are a number of contact database applications targeted at the independent advisor, including a number of financial advisor extensions. The reality is that these financial advisor CRM applications were never designed for either the in-depth financial information that advisors maintain, nor the intensive processes and document management requirements unique to financial professionals.

ClientVision is the first Financial Relationship Management (FRM) tool that is both offered as a software service over the web, as well as being completely integrated into Outlook 2007. ClientVision fills the gap for independent and small office advisors and agents who are looking for a way to extend their existing contact management tools to their financial practice, including comprehensive financial planning.

ClientVision integrates all your client's financial details within Outlook so there is no learning curve and all information is easily accessible from your desktop.

ClientVision essentially extends any client Outlook contact record, with an additional menu bar that provides access to all the data and reports that a financial advisor needs. Financial holdings and pricing details can be kept up to date with external data sources such as back-office applications, custodians, or broker-dealers through a number of data adapters, such as Albridge or DST.

All of the Outlook tasks, such as setting meetings, sending e-mail, and looking up client contact details are all available in the same window, along with clients financial data and reports.
Overview AdvisorVision CPE AdvisorVision RIE ClientVision Free Trial

AdviceAmerica Technology Platform
AdviceAmerica offers hosted, web-based advisor workstation and financial planning software solutions that are highly scalable and secure. They save advisors from managing and maintaining financial planning software and servers.
Overview Hosting Solutions Architecture

Complete Resource Library
AdviceAmerica offers hosted advisor workstation, financial planning software, portfolio management and financial advisor CRM for independent and small office advisors and wealth managers.
Brochures: AdvisorVision LifeVision ClientVision Company Overview
Demos: AdvisorVision Intro AdvisorVision AdviceCenter ClientVision
Events and News: Attend a Webinar Press Releases News CoverageAward

About AdviceAmerica
AdviceAmerica was founded in Silicon Valley in 1999 by financial services industry veterans to provide best in class advisor workstation, financial planning software and financial advisor CRM solutions - from scalable solutions for financial institutions to quick to deploy financial planning software for independent financial advisors.
CustomersPartners

Contact Us
AdviceAmerica Inc
121 Mission Falls Lane
Fremont, CA 94539
(510) 824-3777
(510) 824-3776 (fax)