About RightCapital
RightCapital is a financial planning software from RightCapital that helps financial advisors simplify planning and engage clients effectively. It provides minute 1:1 virtual demos, a day free trial, and the ability to ask any questions, so advisors can better understand their tools and capabilities. This software is designed to cater to the needs of modern financial advisors, allowing them to communicate plans clearly to clients and drive client success. With an intuitive interface and capable planning tools, RightCapital supports the growth of advisory practices. Key capabilities: virtual demo free trial client engagement tools planning support intuitive interface Best for: financial advisors that need efficient tools for client communication and planning.
RightCapital is a comprehensive financial planning software designed to simplify complex financial processes for advisors and their clients. The platform provides a user-friendly interface with interactive visuals and charts that make it easy for clients to understand their financial situation. Advisors can create personalized retirement plans, tax-efficient distribution strategies, and conduct insurance needs reviews. This intuitive system helps financial advisors deliver detailed plans that guide clients through different financial scenarios, ensuring clarity and confidence in their financial decisions. The platform is compatible with both desktop and mobile devices, allowing clients to access their financial information on the go via the mobile app. The software's functionality includes features like the Snapshot™ tool, which allows advisors to create personalized summaries for clients with charts and notes, and Blueprint™, an interactive visual tool for organizing household net worth, goals, income, savings, and expenses. RightCapital also offers a Cash Flow Map, which visually tracks a client's income and expenditures over time.
Pros & Cons
- +Intuitive Interface: User-friendly for financial planners and clients.
- +Client Portal: Doubles as an effective portal for client interactions.
- +Continuous Updates: Regular improvements based on user feedback.
- +Powerful Features: Robust "What-If" scenario planning and forecasting.
- +Customization: Options for branding reports with logos and colors.
- +Cost-Effective: Lower price point compared to competitors.
- +Integration: Works well with other software tools in the financial planning space.
- −Tax Reporting Limitations: Requires separate tax software for detailed projections.
- −Niche Planning: Areas like college, Social Security, and long-term care could improve.
- −Account Aggregation: Needs enhancements for smoother performance.
- −Budget Feature: Not as intuitive or effective as expected.
- −Column Arrangement: Budget columns could better reflect "Before" and "After" scenarios.
Features
Key features
- Interactive Retirement Planning
- RightCapital allows advisors to illustrate multiple retirement scenarios, perform stress tests, and demonstrate various withdrawal strategies. This feature ensures that clients can understand their retirement options and confidently plan for their future.
- Tax-Efficient Distribution
- Advisors can create optimal tax-efficient strategies for clients, explaining withdrawal schedules and Roth conversions. This feature helps clients understand how to minimize taxes during retirement, ultimately saving them money.
- Insurance Needs Review
- The software helps assess the need for life and disability insurance, ensuring clients are adequately protected in various scenarios. This feature also provides clarity on how insurance fits into a client's overall financial plan.
- Risk Tolerance Assessment
- RightCapital integrates risk assessment as a core part of its financial planning, helping advisors match a client’s risk profile to their investment strategies. This tool assists in demonstrating the likelihood of financial success based on different investment strategies.
- Cash Flow Map
- The Cash Flow Map feature gives clients a visual representation of where their money comes from and where it goes each year, helping them track their income and spending patterns.
Additional features
- Snapshot™
- A tool for quickly creating personalized financial summaries with charts and notes that can be easily shared with clients via a secure portal or as a PDF.
- Blueprint™
- An interactive, visual tool to organize household net worth, goals, income, savings, and expenses, helping clients see a clear picture of their financial situation.
- Budgeting
- Provides a centralized location for clients to manage credit cards, bank accounts, and track spending across various categories, helping them stay on top of their financial goals.
- Student Loan Management
- This feature allows advisors to illustrate different student loan repayment scenarios, helping clients manage and reduce debt more effectively.
- Social Security Optimization
- Helps clients determine the optimal time to start receiving Social Security benefits, maximizing their retirement income.
- Demystified Estate Planning
- Guides clients through the process of organizing their assets, understanding potential estate tax ramifications, and providing peace of mind that their financial future is secure.
- Account Aggregation
- RightCapital aggregates financial accounts, bringing bank accounts, credit cards, and investments into one centralized platform to provide a comprehensive view of a client's finances.
- Streamlined Client Onboarding
- The software includes a simple, six-step process for onboarding new clients via a secure client portal, making the process quick and seamless for both advisors and clients.
Pricing
Monthly plans
Basic
USD 139.95
Premium
USD 179.95
Countries & Languages
Interface languages
Billing currencies
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About RightCapital
RightCapital is a financial planning software from RightCapital that helps financial advisors simplify planning and engage clients effectively. It provides minute 1:1 virtual demos, a day free trial, and the ability to ask any questions, so advisors can better understand their tools and capabilities. This software is designed to cater to the needs of modern financial advisors, allowing them to communicate plans clearly to clients and drive client success. With an intuitive interface and capable planning tools, RightCapital supports the growth of advisory practices. Key capabilities: virtual demo free trial client engagement tools planning support intuitive interface Best for: financial advisors that need efficient tools for client communication and planning.
RightCapital Details
RightCapital's In-App Market Place
Does RightCapital have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
NA
Pricing Options
Plans
Monthly plans
Basic
USD 139.95
Premium
USD 179.95
Accepted Payment Currencies
USD ($)
Pros & Cons
- Intuitive Interface: User-friendly for financial planners and clients.
- Client Portal: Doubles as an effective portal for client interactions.
- Continuous Updates: Regular improvements based on user feedback.
- Powerful Features: Robust "What-If" scenario planning and forecasting.
- Customization: Options for branding reports with logos and colors.
- Cost-Effective: Lower price point compared to competitors.
- Integration: Works well with other software tools in the financial planning space.
- Tax Reporting Limitations: Requires separate tax software for detailed projections.
- Niche Planning: Areas like college, Social Security, and long-term care could improve.
- Account Aggregation: Needs enhancements for smoother performance.
- Budget Feature: Not as intuitive or effective as expected.
- Column Arrangement: Budget columns could better reflect "Before" and "After" scenarios.
RightCapital's Support Options
Email Address
support@rightcapital.comContact
(888) 982-9596Documentation
https://help.rightcapital.com/Community Forums
https://community.rightcapital.com/RightCapital's Alternatives
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