Damco provides CRM software for financial advisors and empowers them to make informed business decisions. It allows them to seamlessly access client data at every touchpoint and enables them to deliver world-class services. Know more: https://www.damcogroup.com/financial-services/crm

1. Drive Growth with Implementation of CRM
for Financial Advisors
In every people-oriented business, delivering a satisfactory experience is the main
objective. The financial services industry is no exception to this. Putting it simply,
customer satisfaction is the key to cutting through the competition easily. Managing
operational costs while catering to unique customer needs is an uphill task.
Additionally, the stakeholders also have to retain employees along with the
customers.
Leveraging a CRM software, therefore, enables the management to manage and
automate various client-focused processes. It allows the financial advisors to look
after their existing customers as well as acquire new prospects by providing a robust
customer success workflow.
It also empowers the financial advisors by providing quick access to the consumer
data in real-time and maintains a track of their activities. The bird’s eye view feature
of CRM for financial advisors enables them to make intelligent decisions.
Consequently, the agents can understand their consumers better. Besides, its
intuitive workflow highlights the point of contacts in real-time. Thus enabling them
to get in touch with future prospects quickly. Also, they can learn about other details
such as at which step did the consumer leave, what are their needs, wants, and
requirements, etc.

2. Showing the client that you care for their needs, wants, and requirements matter a
lot. It is a conspicuous advantage that unlocks customer loyalty and boosts their
confidence in your product/service offering.
CRM for Financial Advisors - Top 3 Software
CRM for financial advisors is not a new trend in the industry. But with numerous
options available, how do stakeholders find the right CRM for financial advisors?
We acknowledge the fact that this question poses a challenge for several
organizations, regardless of their sizes. So, penned down are the top 3 CRM software
that can assist organizations in improving their services and delivering A world-class
experience to the clients.
 Microsoft Dynamics 365 Financial services
With Microsoft Dynamics 365 financial services, various financial operations can be
automated efficiently. The key business players can effectively monitor advisor
performance and portfolios in real-time. A conspicuous advantage, Dynamics 365 for
Finance and Operations comes with on-premises, cloud, and hybrid deployment
options. Its integration with AI-tools facilitates predictive analytics, thereby allowing
the advisors to make data-backed decisions.
 Sugar CRM
Sugar CRM helps the organizations in streamlining the client life cycle and increasing
efficiency at every stage. One of the leading investment banking CRM software,
Sugar CRM allows companies to make the most of their cross-selling and up-selling
opportunities. Apart from this, it can efficiently automate and simplify several
routine tasks such as KYC, client onboarding, compliance, etc. with its easy user-
access workflows.
 Salesforce Financial Services
Salesforce financial services CRM allows the financial advisors to personalize client
interactions, based on their personal goals and key life events. In addition to this,
various daily tasks can be automated efficiently since the Salesforce financial
services can be configured with other partner applications. This enables the
businesses to easily collaborate with other functions if needed.
Adding Up
Leveraging CRM for financial advisors is a smart and sustainable option to get long-
term growth. But the main question here is how to find the right CRM for
implementation?

3. Every company has distinct requirements. So, there is no fixed way to determine any
CRM software as the best. However, the platform/tool that suffices your needs and
assists in easing the complexity of processes is ideally the right choice!
Pdf source: https://www.linkedin.com/pulse/crm-financial-advisors-sustainable-
growth-solution-richard-leo/