Last Updated
Overview
AdvisorEngine provides a versatile platform to combine client relationship management, portfolio oversight, and digital onboarding for financial advisors. While it can take some time to become familiar with all its features, the platform offers strong integration capabilities and automated processes which help advisors deliver a more personalized client experience.
Overall Rating
Based on 7 users reviews
4
Rating Distribution
Positive
86%
Neutral
14%
Negative
0%
Starting Price
Custom
AdvisorEngine Specifications
- Contact Management
- Lead Management
- Opportunity Management
- Customer Communication Tracking
What Is AdvisorEngine?
AdvisorEngine is a wealth management platform with customer relationship management (CRM) capabilities which is designed to help financial advisors simplify their processes and improve client service. The software combines CRM, portfolio management, digital onboarding, and automated workflows into a single system. AdvisorEngine features support for multi-custody data integration, performance reporting, rebalancing, and fee billing, which enables advisors to manage both managed and non-managed assets easily. The platform simplifies complex advisory tasks while providing detailed insights and a modern client experience.
AdvisorEngine Pricing
The AdvisorEngine cost breakdown includes the following plan:
- Standard Plan: $69/month/user (minimum three users, billed annually)
Disclaimer: The pricing is subject to change.
AdvisorEngine Integrations
AdvisorEngine supports integration with multiple platforms and services, such as:
- Agreement Express
- Constant Contact Software
- DocuSign Software
- Laser App
- Riskalyze
Who Is AdvisorEngine For?
AdvisorEngine serves a range of financial professionals and management firms, including:
- Advisors
- Broker-dealers
- Asset managers
- Financial planners
Is AdvisorEngine Right For You?
AdvisorEngine is designed to simplify client onboarding, portfolio management, and CRM for financial advisors and wealth management firms. The platform is ideal for advisors and asset managers that are looking to improve operational efficiency and deliver a modern client experience. AdvisorEngine software offers automation and reporting tools to help professionals manage complex portfolios and improve client engagement easily.
Still unsure about AdvisorEngine? Contact our support team at (661) 384-7070 for further guidance.
AdvisorEngine Features
Portfolio Management Suite
AdvisorEngine provides detailed performance reporting that breaks down results at both the household and individual account levels. The platform pulls data directly from custodians and aggregates information from various sources to give advisors a full picture of client assets and liabilities. The suite includes tools for rebalancing portfolios and managing fee billing, helping advisors handle both managed and non-managed investments with accuracy.
Digital Onboarding And Proposal Generation
AdvisorEngine simplifies the client onboarding process by allowing advisors to create personalized proposals quickly and efficiently. The platform includes risk profiling features that help match clients with suitable investment strategies based on their goals and tolerance. Advisors can complete the entire onboarding process digitally, from generating proposals to opening and funding accounts, reducing paperwork and delays.
Purpose-Built CRM And Workflow Automation
AdvisorEngine features a CRM designed specifically for financial advisors to manage client relationships throughout their lifecycle. The system offers customizable workflows that automate routine tasks such as scheduling meetings, sending reminders, and tracking follow-ups. This automation helps advisory teams stay organized and maintain consistent communication with clients.
Advanced Portfolio Construction And UMA Support
AdvisorEngine enables advisors to build target portfolios using either third-party models or their own custom strategies. The platform supports Unified Managed Accounts (UMA) with multiple sleeves, allowing advisors to trade and report on each sleeve separately. This setup provides flexibility to optimize tax efficiency and combine different investment approaches within one account.
Enhanced Client Portal And Reporting Tools
The platform offers a modern and intuitive client portal where clients can easily access their financial information and track progress. Advisors can create custom reports or use pre-built templates to monitor key financial metrics and portfolio performance. This transparency helps improve client engagement and supports advisors in making informed business decisions.
Pros And Cons of AdvisorEngine
Pros
Strong portfolio management and financial planning features
Easy to use with quick implementation and no complex integrations
Supports personalized financial advice and efficient workflows
Cloud-based system enables paperless operations and improves compliance tracking
Cons
Notification system can use some enhancements for effectiveness
Occasional slowdowns and crashes can occur during peak usage
Workflow features may feel limited and confusing for beginners
AdvisorEngine Reviews
Total 7 reviews
4
All reviews are from verified customers
Rating Distribution
5
Stars29%
4
Stars57%
3
Stars0%
2
Stars14%
1
Stars0%
Share your experience
Small Business, 11-50 employees
“Reliable tool”
Pros
I have been really impressed with how this streamlines operations and helps expand our business. Plus the client onboarding process is pretty smooth and efficient. What I love the most is how it delivers customize financial advice that actually matches what each client needs.
Cons
The notifications could definitely use some work and I think the pricing is a bit too high for what you get. Also the interface feels outdated and could really benefit from a refresh. Plus updates dont seem to happen very often which is frustrating mainly when we are dealing with bugs or wanting new features.
Rating Distribution
Ease of use
9
Value for money
9
Customer Support
8
Functionality
9
Consulting, 500+ employees
“Excellent platform”
Pros
One thing I like a lot is how well it handles portfolio management, financial planning and client communication. Basically it manages everything I need for advisory services. The interface is also pretty simple to use and getting it up and running was surprisingly quick. Like no complicated integration headaches which was a relief. And even my clients have had a positive experience with it overall.
Cons
AdvisorEngine software feels a bit stagnant and I would really love to see more frequent updates and new features being rolled out regularly.
Rating Distribution
Ease of use
9
Value for money
9
Customer Support
8
Functionality
9
Medical Practice, 500+ employees
“Accurate and High Performing”
Pros
I like how easy it is to navigate around the interface. Even the customization options are great as they let me tailor everything to match my preferences and comfort level with risk. Plus it works seamlessly across all my devices and different operating systems.
Cons
Not much to complain about though the price could be a bit lower.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Frequently Asked Questions
What language does AdvisorEngine support?
AdvisorEngine currently supports English.
What types of pricing plans does AdvisorEngine offer?
The AdvisorEngine pricing plan includes the Standard Plan at $69/user/month.
What level of support does AdvisorEngine offer?
AdvisorEngine offers support through phone and email.
Does AdvisorEngine offer an API?
Yes, AdvisorEngine provides an API.
Does AdvisorEngine have a mobile app?
No, the platform does not offer a mobile app.
What other apps does AdvisorEngine integrate with?
AdvisorEngine supports integration with multiple platforms including Riskalyze, DocuSign Software, Agreement Express, Laser App, and Constant Contact Software.
Who are the typical users of AdvisorEngine?
AdvisorEngine is typically used by financial planners, asset managers, broker-dealers, and advisors.