AdvisorEngine CRM

AdvisorEngine CRM is a cloud-based customer relationship management system for wealth management firms, including financial advisors and RIAs. It tracks workflow progress across clients and activity, with contact management, practice management, growth tools and dashboards among its listed capabilities. Records can store files and documents without limits on file types, folders or storage space. Mobile access lets users reach alerts, records and actions from Android, iOS and web platforms. Listed integrations include Charles Schwab, Fidelity, Orion, Office 365, DocuSign and Constant Contact. AdvisorEngine says CRM session traffic is encrypted with SSL and its hosting facilities are audited and certified at the SSAE 16 Type II SOC 1 level. It reports an average of 24 new releases a year and offers migration and onboarding assistance, training, client support and relationship management. The listed plan costs $69 a year (billed per user, per month; billed annually), with a three-user minimum, access to all features, priority support and unlimited document storage. Prospective customers can request recorded or personalized demos through the sales team.

AdvisorEngine CRM brings client activity, workflow tracking and mobile access together for wealth management firms. Review the three-user minimum and annual billing before contacting the sales team for a demo.

AdvisorEngine CRM suits growing or established financial advisory firms and RIAs that need client workflow tracking, mobile access and integrations. Its listed plan requires at least three users.

Overview

AdvisorEngine CRM is a cloud-based CRM for wealth management firms, including financial advisors and RIAs. It is strongest for practices that want client activity, workflow tracking, and financial-services integrations in one system. Its substantial feature set comes with a three-user minimum and annual billing, so it is a better fit for a firm buying as a team than for an individual advisor.

Key features

Client activity and workflow tracking help firms follow work across relationships rather than relying on contact records alone. Contact management, practice management, growth tools, and dashboards extend that operational focus. Compliance workflows, opportunity management, an audit trail, a client portal, and email and calendar sync are also included, making the package broad for an advisory practice.

Records can store files and documents without limits on file types, folders, or storage space. That removes storage quotas as a constraint for firms that keep varied client materials in the CRM. Mobile access covers alerts, records, and actions on Android and iOS, while cloud access also works on the web.

Integrations include Charles Schwab, Fidelity, Orion, Office 365, DocuSign, and Constant Contact. These connections are relevant to firms coordinating financial, office, and client-communication workflows. AdvisorEngine says the CRM averages 24 releases a year. It describes SSL encryption for session traffic and hosting facilities audited and certified at the SSAE 16 Type II SOC 1 level.

Pricing

AdvisorEngine CRM: $69 a year (billed per user, per month; billed annually). The plan includes access to all features, priority support, and unlimited document storage. The stated rate is $69/user/mo (annual); because the minimum is three users, a solo advisor cannot subscribe alone, and the annual commitment makes this less flexible than month-to-month pricing. The minimum is a reasonable fit for a small firm purchasing for multiple staff, but is a meaningful entry barrier for a new or very small practice.

Prospective customers can request a recorded or personalized demo through AdvisorEngine’s sales team. Migration and onboarding assistance, ongoing training, dedicated client support, and relationship management add value for firms moving established processes into the platform, though they do not offset the team-size and annual-billing requirements for buyers seeking a low-commitment CRM.

Platforms

AdvisorEngine CRM runs on Android, iOS, and the web. Its cloud deployment and mobile access to alerts, records, and actions suit advisors who need to keep up with client work away from a desk. Firms requiring a self-hosted deployment should look elsewhere.

Who it's for

This is a strong match for growing or established wealth management firms and RIAs that want structured client workflows, broad document storage, and connections to financial-services tools. The combination of all-feature access and priority support on one plan keeps the decision straightforward for firms meeting the minimum. It is not a natural fit for a solo advisor, a firm unwilling to pay annually, or a buyer looking for a free tier.

Pros and cons

• Pro: Unlimited document storage without file-type or folder limits avoids storage caps for client records.
• Pro: Workflow tracking, compliance workflows, opportunity management, audit trail, and client portal cover several advisory-firm needs in one CRM.
• Pro: Integrations with Charles Schwab, Fidelity, Orion, Office 365, DocuSign, and Constant Contact support connected financial and office workflows.
• Con: The three-user minimum excludes solo buyers and raises the starting commitment for small firms.
• Con: Annual billing limits flexibility for firms that want to evaluate a paid CRM month by month.
• Con: There is no free plan; getting started is through a sales-team demo.

Alternatives

For a broader comparison, browse Financial Services CRM Software or Financial Advisor Software.

• Zoho CRM is worth considering for buyers who want a freemium option: its free plan covers three users, and it also has a free trial. AdvisorEngine is more directly aimed at wealth management workflows.
• Total Expert offers a complimentary plan with CRM access and inbound co-marketing connections, making it an option for readers prioritizing a free starting point.
• Aidium is another paid CRM for readers comparing finance-oriented platforms; its CRM pricing is custom pricing.
• DealCloud is a paid alternative with custom pricing for readers considering an enterprise offering.
• Dynamo CRM & Deal Management is a paid alternative for readers seeking a CRM and deal-management option, with pricing provided through a demo request.
• Creatio CRM is a paid alternative with a free trial and no free plan, for readers comparing a platform that offers self-hosted deployment as well as web and mobile access.
• Jungo is a paid alternative whose Lite plan starts at $96 a year per user, with a one-year annual contract and a $249 one-time setup fee.
• Oracle Siebel CRM is a paid alternative with a $400, paid once plan billed per Application User.

Verdict

AdvisorEngine CRM is a compelling choice for a wealth management firm or RIA that needs client workflows, advisory-specific capabilities, and unrestricted document storage in a cloud CRM. Its broad toolkit and financial-services integrations are the main reasons to choose it. Look elsewhere if you are a solo advisor, need a free entry point, or cannot commit to a three-user minimum and annual billing.