FPA Says Financial Advisor Software Essential


[14-April 2011] -- THE Financial Planning Association (FPA) claims its survey of more than 330 Financial Advisors found most firms do not use Financial Advisor Software.

Respondents who use SEC compliance software solutions strongly stated that they felt compliance software gave them peace of mind and a better client service.

The survey also revealed that those Financial Advisors, who do use compliance software, in the majority of cases use the computer program for compliance manuals and for client assurance

Mary Tuttle (CEO of FPA) says Financial Advisors should use compliance tools to be SEC compliant within the law and use automation to their advantage when attracting clients.