Why Sharesight Pro is the best portfolio tracker for financial advisors
Designed for the needs of financial professionals, Sharesight Pro is an award-winning portfolio tracker that allows financial advisors to effortlessly aggregate, manage and track clients’ investments – all in one place. The admin-made-easy, CGT and unrealised CGT reporting alone are worth signing up for Sharesight, not to mention our connection to Xero. Want to know more about how Sharesight Pro can make life easier for you and your clients? Here are four reasons why financial advisors use Sharesight Pro.
Client demand
Our largest client base is DIY investors using the retail version of Sharesight. These users tend to be investors-in-the-know who use Sharesight because they understand the tracking and reporting shortfalls of online brokers and watchlists. Where this is relevant to financial advisors is that retail users are free to share their portfolio with anyone they like, including their financial advisor.
Think about the admin pain most people go through when hiring an advisor. Transferring assets, paperwork, logins, custodial forms, all that tedious stuff. With Sharesight, investors can share access to their portfolio with their advisor in 10 seconds for no additional cost – giving the advisor real-time access to their portfolio, including the ability to see their holdings, plus performance data inclusive of capital gains, dividends, brokerage fees and foreign currency fluctuations.
Client access
With Sharesight Pro, financial advisors can create client logins and determine the level of access (read-only, read and write or admin). This makes it easy to invite clients to log into Sharesight and follow along with their portfolio, check trades and even run reports. After all, switched-on financial advisors know that bringing their clients into the fold is the recipe for an informed and successful client relationship.
Cost-effective
Platforms and wraps are certainly appropriate for some clients. But we don’t think portfolio admin alone should be the determining factor in choosing to put client assets on one. In the past there wasn’t a choice – an advisor couldn’t risk tracking client holdings on a spreadsheet. Unfortunately, for investors this meant paying asset management fees for a portfolio reporting service.
Now with Sharesight, an advisor can record unlimited trades and not worry about assets under management or portfolio size. We don’t care if a portfolio is made up of 100 penny stocks or $100 million in Berkshire Hathaway.
When you put a portfolio on Sharesight you also have access to our ever-growing ecosystem of connected apps. We automatically record trading data from more than 200 global brokers and push data to apps like Xero, allowing advisors to choose from a range of industry-leading services.
Complete visibility
Ultimately, Sharesight is like a passport to your clients’ portfolio data, where you can access all the information you need from one login. It’s also possible to create multiple entities for the same client, or a family. Maybe there’s an SMSF, an online brokerage account, an old corporate super – all of this can be tracked (and consolidated) within Sharesight. As an advisor, what you and your clients choose to do with the data is up to you.
Start your free trial today
Sharesight Pro for financial advisors is the ultimate tool to help you manage and report on client investment portfolios. By providing advisors and clients with powerful stock market data tools and advanced performance reports, Sharesight Pro saves advisors hours of manual administration while adding value for clients and improving the quality of conversation between advisor and client.
Try it for yourself with a 30-day risk-free trial – no billing details required and the ability to upgrade, downgrade or cancel at any time.
FURTHER READING
How Sharesight helps advisors track net worth and simplify compliance
We talk to Ryan Jones, Partner, Accountant and Financial Advisor at Jones Louros, about how he uses Sharesight to manage his clients’ investment trusts.
Automatically track Swissquote trades with Sharesight
If you trade using Swiss broker Swissquote, you can automatically import your trading data to your Sharesight portfolio.
Dividends vs. share buybacks: Which is better for investors?
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