Friday

Announcing Release of PreciseFP(TM) Digital Client Questionnaire

Spectrum Input, LLC, announces the release of its flagship product PreciseFP(TM), a non-proprietary data-gathering tool for financial planners and investment advisors that uses industry-standard communication methods (e.g. XML, PDF) to collect, process, and store client data in a secure and efficient manner

One of the most crucial yet simplest tasks of the financial planner just took an evolutionary step from paper and pencil to digitized form with the release of PreciseFP (TM), a Web-based client data-gathering application.
Spectrum Input, LLC, an Alpharetta, Georgia-based company, formally released its flagship product to the financial planning and advising industry today wrapped in a sterling review from Joel Bruckenstein, columnist with MorningstarAdvisor and industry expert on applied technology for financial advisor professionals. Calling PreciseFP a “promising new practice-management tool”, user rates for PreciseFP have grown 260% since its soft release in early August and the release of Bruckenstein’s review.
Using a virtual advisor dashboard to customize and manage the online questionnaire and a client portal that can be easily accessed through a link provided by the advisor, PreciseFP was specifically designed to address the key barriers that may have kept advisors in the paper/pencil mode longer than practical.

“In an industry flush with Web-based financial planning and portfolio management tools — each one more sophisticated than the last — we were surprised to discover such a large percentage of financial professionals still collecting client data with a paper questionnaire,” observed Don Whalen, CFP®, co-founder of Spectrum Input, LLC, and a practicing comprehensive financial planner.

“While some financial planning applications come with their own online questionnaire, it’s typically a proprietary tool that’s available only if you buy the application,” added Whalen. “We saw no reason why every planner shouldn’t have an efficient way to capture client data and be able to access it for CRM, compliance record keeping, yearly updating, and quarterly reporting.” Continue…