Overview
Practifi delivers specialized CRM for wealth management firms, transforming how financial professionals connect and grow client relationships. While initial setup requires effort, its intuitive design and smart automation offer clear advantages. Overall, Practifi's strategic benefits in unifying data and streamlining operations make it a compelling choice for financial advisory firms.
Practifi Specifications
Contact Management
Lead Management
Opportunity Management
Sales Forecasting
What Is Practifi?
Practifi, built on the trusted Salesforce platform, is a customer relationship management (CRM) software specifically engineered for wealth management firms. It fundamentally transforms how financial professionals cultivate and expand their client base. Unifying client data from diverse sources, it offers a complete view for confident decision-making and growth opportunities. Workflow automation and AI integration streamline processes. This tailored approach helps firms manage relationships, improve retention, and achieve sustainable scaling by addressing unique financial sector demands.
Practifi Pricing
The vendor has not publicly disclosed pricing details for the software; however, it is offered with annual billing.
Practifi Integrations
The platform supports integrations with multiple systems and platforms for a connected tech stack, such as:
- Microsoft 365 Software
- XfilesPro
- Google Suite
- HubSpot CRM Software
- Mailchimp Software
- DocuSign Software
- Riva
Who Is Practifi For?
The CRM platform specializes in accommodating wealth management and financial sector needs, including:
- High-performing wealth institutions
- Financial advisory firms
- Broker-dealers
- Registered investment advisors (RIAs)
Is Practifi Right For You?
For wealth management firms seeking an enterprise-grade CRM to unify data, streamline operations, and strengthen client relationships, Practifi stands out as a compelling solution. It combines intelligent automation with deep industry integrations to boost operational efficiency and consolidate data, while its AI-powered tools help firms drive client growth.
Trusted by firms like Apollon and Geometric Wealth Advisors, Practifi adheres to leading security standards, including ISO 27001 and FISMA compliance. The platform's excellence has also been recognized with accolades such as the 2024 CRM Provider Award from WealthTech Americas.
Still doubtful if Practifi software is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
Practifi Features
This feature automatically manages dates, alerts, processes, and marketing tasks in one place. It streamlines operations and reduces manual effort, allowing financial advisors to dedicate more time to client relationships and strategic planning, enhancing overall productivity and focus.
The software takes a deliberate, value-driven approach to AI integration, ensuring it is applied where it delivers measurable impact and strengthens the advisor-client relationship. By enhancing efficiency and insight, while preserving the essential human touch, Practifi supports the personalized service that defines successful wealth management.
Practifi enables users to securely track every email, document, meeting, and note, creating comprehensive client records. This allows robust regulatory compliance and provides an exhaustive audit trail for all client interactions, crucial for maintaining trust and meeting industry standards effectively.
One of the prominent Practifi features, analytics and reporting, provides real-time monitoring capabilities for team productivity, sales performance, and revenue tracking. This allows firms to make data-driven decisions, identify key growth opportunities, and optimize their operational strategies based on accurate, up-to-the-minute insights for better outcomes.
The software includes a rich, industry-specific pipeline management engine designed to monitor deal progression. This feature empowers advisors to effectively track and manage their sales opportunities, leading to improved conversion rates and sustained business growth within the financial sector.
Practifi provides enhanced data points to surface both ‘need-to-know' and ‘nice-to-know' information, allowing advisors to deliver personalized client experiences. This deep client insight fosters stronger relationships and improves service delivery, driving client satisfaction, and retention.
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