What should your RIA’s tech stack include?

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 together this guide to building a robust RIA tech stack. Whether you’re starting from scratch or just looking to upgrade your existing system, this article will help you identify the solutions that are most suitable for your business.

Why your RIA needs a tech stack

Before we dive into the details, let’s talk about why having the right tech stack is vital for RIA firms. A tech stack is essentially a collection of software and services that you use to run your business. This includes both front- and back-end solutions, or solutions that you and your customers interact with and those running in the background.

By investing in technologies that are tailored to your specific needs, you can make your operations more efficient and improve customer service. You can also reduce costs by automating manual processes and getting access to powerful analytics tools.

In addition, a well-designed tech stack helps to protect your data and ensure compliance with relevant regulations. This is especially important, as your RIA firm is subject to stringent data security and privacy standards and must take measures to safeguard your clients’ confidential information.

Finally, having a robust tech stack can make your firm more competitive. By leveraging the latest technologies, you can stay ahead of the competition and ensure that you’re providing the best services to your clients.

What to include in your RIA tech stack

Now that you understand the importance of having a strong tech stack, let’s look at the specific solutions you should consider.

Portfolio management

This is the foundation of any RIA’s tech stack. You’ll need a robust portfolio management platform to properly balance and diversify your clients’ portfolios. Look for a platform that offers advanced analytics and reporting capabilities so that you can track the performance of your portfolios in real time.

Customer relationship management (CRM) and marketing

A good CRM platform is essential for helping you manage customer relationships and stay in touch with prospects. Consider a solution that offers automated lead management capabilities and integration with marketing tools like email campaigns. These features will make it easier to nurture leads and build long-term relationships with your clients.

Client portal

In order to better serve your clients, you’ll need a system for managing their accounts and providing them with secure access to their portfolios. Solutions that offer customizable client portals with advanced features like document sharing and e-signature capabilities can help you streamline client onboarding processes and provide a better customer experience.


Productivity platforms help your team get work done efficiently. This should include solutions for chat and collaboration, file management and sharing, and task management. Ideally, you’ll want to find an integrated suite of tools that are easy to use and compatible with your other business software.

For instance, if you already use Microsoft Office apps or have a Microsoft subscription, then you may want to consider Teams and SharePoint for your collaboration and file sharing needs. Teams is an integrated communications platform that can be used to keep your team connected, while SharePoint is a document management system that allows you to store, share, and sync files quickly and securely.


Last but not least, security should be a top priority when building your tech stack. You need to make sure that your client data is properly protected and that you comply with all applicable regulations. Look for solutions that offer robust encryption, user authentication, and access control capabilities.

You should also invest in monitoring tools to detect any suspicious activity that may compromise the security of your data. And don’t forget about disaster recovery solutions, which will help you quickly recover from system failures or data breaches.

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Developing a holistic tech stack for your RIA firm can seem intimidating, but it’s crucial for achieving success. By taking the time to research and evaluate the different solutions you need to run your firm, you’ll be able to create a stack that meets your needs and helps you provide the best possible service to your clients.

Enlisting expert help is a good idea if you want to make sure your tech stack is as efficient and secure as possible. Working with a partner that understands the unique needs of RIAs can help you build a strong stack and ensure that your firm is well prepared for future growth.

We at RIA WorkSpace can help you do just that. Contact us today to learn more about how we can help your firm create the perfect tech stack.