To provide the highest level of service to our clients, we utilize powerful analysis and data management software. According to independent studies that RKFA participates in, we spend more on our software technology than other financial institutions of our size. We have always had the goal to do the best for our clients with the best available software tools, so we choose the top tier.
What we do for our clients has not changed, but the programs we use have been upgraded to “cloud” based versions. What does this mean for our clients? There are several benefits with these upgrades.
1) The new versions of software have expanded our capabilities to provide even more in-depth service to the client. These programs have new and updated information and have increased reporting and information processing capabilities allowing us to provide even better, more thorough information, in understandable ways, to you.
2) The new “cloud” versions of our software programs equates to a higher level of security for you as personal information is stored on a remote server of the software provider, rather than on our server programs. In other words, if there were ever a security breach of our computers here at RKFA, your information would not be accessible to the perpetrator.
Four of the major programs we use and their purpose:
Morningstar Office Cloud – This software congregates all of our clients’ accounts into one integrated system that allows us to analyze portfolios, individual investments, and asset allocations as well as offering investment planning tools for hypothetical portfolios, investment research and investment comparisons. This is the program that we use to screen all available mutual funds and ETF investments and create our proprietary list of approved investments, the Fundmaster. The Fundmaster is updated every six months.
Junxure Cloud – This is our Client Relationship Manager which we use to store client contact information, capture and track incoming and outgoing email, phone calls, scan and store documents, create memo sheets to document meetings and basically show all client related actions in one place. We also use this software to send out information to all of our clients.
Ultra Tax – This is our tax preparation software. The software is updated to the most current tax regulations and laws and allows flexibility to compare various situations. This is considered one of the best tax preparation programs available.
MoneyGuidePro – This is comprehensive financial planning software. This program is new for us, but is a more deeply comprehensive program than available in the past.
We are always looking for ways to improve what we can provide to our clients. Keeping our financial and tax software up-to-date and using the best of the best helps us to achieve that goal.
Raskob Kambourian Financial Advisors is an independent, fee-only comprehensive financial advisory firm registered with the Securities and Exchange Commission. We offer expertise, competitive pricing, and personalized financial services to meet your “Life Planning” needs.