Managing your RIA tech stack: The hidden risks of a patchwork approach
Many registered investment advisory (RIA) and financial advisory firms today leverage a medley of technology solutions and services to power their businesses. They may have separate systems for client management, financial planning, portfolio performance reporting, and other core functions. Some may even use multiple solutions in each category, such as having different software for front- […]
On-site IT support vs. remote IT support: What’s better for your RIA?
One of the most critical aspects of running a successful registered investment advisory (RIA) or financial advisory firm is making sure that all of your IT needs are taken care of. Whether this involves setting up new hardware and software, ensuring that all your backups are working, or troubleshooting any tech issues, having a reliable […]
Does your RIA firm need to back up SharePoint?
If you’re a registered investment advisor (RIA), then you need to back up SharePoint. It’s that simple. But do you need 3rd-party backup tools? Read on to find the right solution for you. You likely rely on this platform to store and share important data with clients, employees, and other stakeholders. But what happens if […]
Tips for RIAs: Why and how to separate your work and personal accounts
As a registered investment advisor (RIA) or financial advisor, you understand better than anyone how important it is to safeguard your clients’ data. And when you’re working remotely, it’s critical to take extra steps to secure that information — especially on personal devices. Although it may be convenient for you and your staff to use […]
FAQs on upgrading to Windows 11 for RIAs
Is your registered investment advisory (RIA) firm considering upgrading to Windows 11? If so, you’re likely wondering about the potential implications. What new features will you have access to? How long will the upgrade take? What will happen to your files and applications? Below, we answer these and other most frequently asked questions about upgrading […]
First contact safety tip: The Microsoft security feature your RIA needs
Phishing continues to be one of the most common security threats today, and anyone who uses digital communication channels can become a victim. Registered investment advisors (RIAs) and financial advisors who primarily rely on emails should be extra vigilant and take steps to create a secure environment for transmitting sensitive information. Microsoft’s first contact safety […]
Laserfiche vs. SharePoint: Which is better for your RIA?
As a registered investment advisor (RIA), you’re completely aware that managing your data is essential to your success. To accomplish this, you need a system that can securely store information and help you quickly locate documents when needed. Two popular options for RIAs and financial advisors are Laserfiche and SharePoint, but which is the better […]
Cybersecurity insurance: What it is and why your RIA firm needs it
Cybersecurity insurance is becoming an increasingly common requirement for organizations of all types and sizes. And for good reason — it’s a safety net at a time when data breaches are incredibly costly and disruptive to both business and client. Registered investment advisory (RIA) firms are no exception. As the data held by RIA firms […]
What should your RIA’s tech stack include?
A well-designed tech stack is critical for any registered investment advisor (RIA). With the right technology in place, you can streamline operations, increase efficiency, and provide better customer service. However, it can be difficult to figure out what solutions to include in your tech stack if you’ve never built one before. That’s why we’ve put […]