RightCapital Reviews

Good user interface. Solid marketing support. Continuous product improvement.

It would be great if there were periodic reminders for clients to update their data.

Showing clients where they are today and where they can reach for tomorrow. Good user interface. Solid marketing support.

Two things stand out to me: First, they are always continuing to improve their product. Every week we get an email announcing a new enhancement or upgrade. They truly listen to advisor feedback and impliment changes. Second, clients can easily understand their plan when we present. Visually its apealing.

Some minor improvement can certaintly be made. A few things, when mapping out NUA for a client the software is not flexible when it comes to taxes. The Roth conversion tool is great, but again it falls a little flat on how taxes are paid.

RightCapital is the exclsuive financial planning software we use to show how clients are doing for retirement planning, tax effciency, income planning, college savigs, debt paydown, and estate planning.

Intuitive data entry and reports. Solid Monte Carlo Engine with expanding what-if scenarios. 1040-style tax reports. Easy to use client data vault.

Some limitations in the setup and maintenance of the account aggregation feature.

It is the core financial planning website I use for all my clients. It's integral to my practice.

RightCapital is powerful planning software, but still simple to use. It's much more sleek and modern than other planning software I've tried out. It doesn't require nearly as much training to use, either, but still does everything I need it to and more. It is constantly being improved and the trainings they offer each week are very helpful for specialized knowledge and planning scenarios. I've found their support team to be incredibly friendly and helpful.

I wish there were more integrations with other software, but that is something they are always working to add.

RightCapital is the only planning software I use and it works great for my clientele. Clients are able to log into their portal and see different areas I have selected, as well as try out various planning scenarios. They also utilize the vault for securely sharing or storing documents, and the shared task list.

The immediate help we can get from the support team when we are stuck on how to model something. It's especially helpful because we like to create and update financial plans interactively with our clients and the quick solutions keep everyone engaged.

There are just a few enhancements we would REALLY like and have communicated this with RC, and while sometimes we get the enhancements, others that we haven't may just be from not enough need by other users or the software's ability to be implemented. We would also really like an open API to be able to talk with our CRM systems.

The ability to answer most of our clients questions with regards to if, how, and when they can fulfill any of their life/financial goals. Being able to model it and show clients the outcome gives everyone the confidence to move forward.

Straightforward planning questions. Lead the prospect through important questions in proper order.

Connectivity to client accounts. Having difficulty aggregating outside assets.

Snapshot encapsulates the important things for a client to know. Concise planning tool.

Very easy to use, and the visuals and comparisons are very powerful in client presentations.

Compared to other planning software, there is a lot of room for improvement on more sophisticated plans. For instance, there is only the ability to model one general asset allocation for all accounts.

This beats out others such as EMoney by leaps and bounds in terms of ease of use, ease of making changes, potential plan comparisons, and stress testing. However, if you deal with UHNW clients with more sophisticated situations and assets, you might find limitations in accurately inputting their details.

Right Capital is currently fixing some authentication issues we have for a client linking their bank. This will help in the long run, as the client would like to see their up to date balances and impact on the plan. However, this has already taken 8+ months, so we will see if it actually gets resolved.

The customer service is the best, quick responses, and If they don’t have a feature you ask for, they forward all requests to their developers.

There is not yet the ability to create different scenarios with the same inputs without creating a whole new profile.

Financial planning for clients that allows for an interactive and more hands on approach to keep clients more engaged in the process

5 best features IMHO: 1) intuitive and easy to use. 2) mobile app is very appealing to younger clients I'm trying to attract. 3) Budgeting software is pulls right from the transactions accounts! No more guessing or manual entry. 4) connects seamlessly to Broadridge and pulls all my client's data in 5) the student loan module is very timely! So many Millenials are swimming in loans and this feature can help me create a niche in the medical market I'm gaining a foothold.

I've recently discovered that my firm has partnered with another financial planning firm making their solutions possibly more affordable. Time will tell.

Evaluating Roth Conversions during the tax "sale" has been really helpful. Haven't recommended a conversion but have helped illustrate the usefulness in funding more of the Roth side of the client's 401k over the next several years while taxes are lower and the brackets are wider.

Right Capital makes sense of the compilation of a variety of data. It's easy to use from the planner's side and clients find it intuitive as well.

There's not much to dislike. All I can think of is a programming quirk. If I need to check on the opening page, I have to completely leave a client's plan, reclick the correct client and change a field such as client access.

It's important to have the right tool to connect with clients. RightCapital makes the tool easy for me, their support easily handles my questions, and my clients can relate to it.

Clients hear numbers from a variety of sources, but large numbers are hard to break down into monthly and yearly needs. Right Capital makes that information easy to conceptualize and illustrate as goals need to be met. Clients like working with me when I use Right Capital--they can see the path.