Running a modern RIA requires the latest technology. Here’s how to get everything you need to run an efficient, cutting-edge firm — even if you have no idea where to start to build your own tech stack. XYPN’s Tech Committee is dedicated to sourcing best-in-class solutions. Many top tools are included in the price of membership, while several others are available at generous discounts by special arrangement.
What This Benefit Provides You
Advisors receive a suite of technologies included in the price of membership. Instead of spending your time trying to figure out where to go to get the tools you need — or how to analyze which products are best once you find them — XYPN provides an immediate solution that takes the burden off you. We’ve put together everything you need to run your ideal business.
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XYPN’s tech stack gives you access to:
- AdvicePay is the first payment processor designed specifically for the rapidly growing segment of financial advisors who work on a fee-only basis. In addition to a hassle-free interface, AdvicePay celebrates the ability to collect recurring payments or one-time fees while staying compliant with state regulators throughout the U.S., a key piece of the puzzle missing from other payment processors.
- Capitect provides a technology solution to streamline the portfolio construction and rebalancing process through advanced engineering and innovative design. Going above and beyond simple model portfolios, Capitect enables advisors to deliver personalized portfolios unique to each client’s circumstances, goals and objectives using the advisors’ own investment strategies. Capitect’s complete solution includes mobile-friendly client portal and reporting, portfolio construction tools that allow for “infinite drill down” and customization, and ongoing rebalancing technology and services. Embraced by leading advisors and integrated with the industry’s leading custodians and technology applications, Capitect’s sophisticated technology is disrupting traditional portfolio management approaches.
- fpPathfinder provides Financial Planning Flowcharts to help you quickly and easily solve the most common planning situations asked by your clients
- XY Archive is your all-in-one archiving solution for social media, email, and websites. XY Archive is included with XYPN membership at no additional cost.This includes up to 8 sources per member of any social media, email, and website sources.
- RightCapital provides a revolutionary financial planning tool that digitizes and redefines the financial planning experience. Using cutting edge technology, we significantly cut down time and cost of creating a plan and improve user experience. Designed to promote interaction and collaborations between advisors and clients, RightCapital provides a simple and powerful financial planning tool and a Personal Finance Management (PFM) portal to create financial plans real time.
- Smart RIA simplifies and automates compliance for advisors, allowing you to spend less time on compliance while getting more done.
- You may select Charles Schwab & Co., Inc. or another brokerage firm to custody your assets and effect transactions on your account. Schwab Advisor Services, which includes the custody, trading and support services of Schwab, is one of the leading providers of those services to independent investment advisors.
These materials have been independently produced by XY Planning Network. XY Planning Network is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. XY Planning Network members provide investment advice, while Schwab maintains custody of assets in a brokerage account and will effect transactions for your clients’ account on your instruction.
- Wealthbox is a simple, social, and collaborative CRM for financial advisors.
|Technology||Retail Price||XYPN Member Price|
3.5% for Credit Card Transactions
1.5% for ACH Transactions
|Included in Membership|
2.9% for Credit Card Transactions
1% for ACH Transactions
|Financial Planning Software: RightCapital||Up to $140/user/month||Included|
|Capitect||$125/month/user for up to 10 client households||Included, up to 20 client households|
|Smart RIA||$49/month + $25/month for each additional user||Included|
|fpPathfinder||$99/year – Basic license||Included, discount available for Deluxe license|
Included in XYPN Membership
XY Planning Network members receive exclusive pricing on several additional tech tools through negotiated discount programs. For a look at some of these offerings, please visit our Partners Page.
“Starting a financial planning firm to serve millennials and not joining the XY Planning Network is kind of like playing hockey in tennis shoes. You could do it, but why not just get yourself a nice pair of ice skates?”
It’s more than getting the right technology
Download our free Member Benefits Directory for the full scoop on membership
Our info-packed Member Benefits Directory details all the perks you can enjoy as a member of the Network. With over 70-pages of free-for member services, exclusive opportunities, additional discounts, and official partners, you’ll see why over 1,000 fee-for-service financial advisors are part of the XYPN community.