In the fourth quarter of 2019, XY Planning Network conducted its first annual Technology Study to identify the tech XYPN members are using, their level of satisfaction with that technology, and to identify potential gaps in their needs. Members were asked to rate the solutions they are currently using in each aspect of their businesses, indicate if they are considering changing, provide feedback and enhancement suggestions, and share how much they are paying annually for each license.  For context, members also provided a range of their firm revenue.

 The study covers a wide range of tech solutions, including:

  • CRM
  • Financial Planning Software
  • Payment Processing
  • Compliance Management
  • Archiving
  • Bookkeeping Software
  • Custodian
  • Investment Platform
  • Investment Analysis and Research
  • Risk Tolerance
  • Business Systems, including phone, website, email, password management, document signing, and meeting scheduling