The results demonstrate continued year-over-year growth in market share across all three categories the platform ranked in: Portfolio Design Solutions, Portfolio Management/Reporting Tools, and SRI/ESG Portfolio Analysis Services.
This year, the 2024 T3/Inside Information Advisor Software Survey named YourStake a Software All-Star for Portfolio Design Solutions (8.16) and SRI/ESG Analysis Services (8.29) and was also named a Mighty-Might in Portfolio Management/Reporting Tools (8.38). YourStake continues to lead in advisor satisfaction, with both the main platform and VADIS solution being top rated now four years in a row in the survey.
Additionally, the Values Aligned Direct Index Solution (VADIS) built in partnership with First Affirmative Financial Network to offer Direct Indexing to Advisors, gained a top ranking in Advisor satisfaction with a 9.33 in the new Portfolio Design Solutions category.
VADIS was also named a Mighty-MIght in Portfolio Design Solutions (9.33) and SRI/ESG Analysis Services (8.67) highlighting the continued success of coupling bleeding-edge investment technology with longstanding asset managers to offer personalized Direct Indexing.
YourStake continues to lead in advisor satisfaction, with both the main platform and VADIS solution being top rated now four years in a row in the survey.
This year, YourStake expanded into a new category of the T3 Survey, Portfolio Design Solutions. This category included solutions that help Advisors design client portfolios using advanced technologies (ex: custom Indexing). YourStake and VADIS scored highly for satisfaction across competitors with an 8.16 and leading 9.33, respectively, in the category.
Additionally, YourStake and VADIS carried high scores in the Portfolio Management/Reporting Tools category with an 8.38 and leading 9.60 satisfaction rating respectively.
The results demonstrate a commitment to offer more technology solutions to meet the growing needs of Advisors of all sizes, from small RIAs to the largest aggregators, Broker-Dealers, and Asset Managers.
“Our focus from the beginning was to keep our clients central to building out our technology solutions. We use customer feedback as a Northstar for our roadmap and the consistent results of our T3 rating exemplify that message.”, said Gabe Rissman, YourStake Co-Founder, and President.
About the Annual 2024 T3/Inside Information Advisor Software Survey
The goal of this annual survey is to address the most basic questions that software users and competitors in the financial advisory space would plausibly be asking. The community of consumers and providers is interested in which tech solutions are most popular in each category, and the satisfaction levels (on a scale of 1-10) of their users. This data is especially important to the people who make software decisions at advisory firms—the consumers in this ever-evolving marketplace who are charged with creating and maintaining a functional tech stack in an ever-shifting marketplace.
The 2024 survey collected data from 2,917 advisory firm participants, anonymously, through the months of November and December 2023.
Read the full report
About YourStake
YourStake provides technology solutions that power the amazing for Advisors and their clients.
Founded in 2019, YourStake serves over 250 advisory firms, including top RIAs and broker dealers cross the wealth management industry as well as asset managers and TAMPs. YourStake is also SOC2 Type 2 certified.
Recently, YourStake launched, Advisor Core which just reached over 150 Advisor users that enable advisors to win more clients with faster proposal turnaround with the following features:
- Upload any client statement and download a formatted spreadsheet containing holdings in minutes
- Receive instant analysis of the uploaded portfolio against a set benchmark
- Chat-with-portfolio to glean insights
- Output a customizable, on-brand presentation
About First Affirmative:
Since 1988, First Affirmative has been helping financial advisors and their clients create investment solutions designed to meet both financial and impact goals. First Affirmative's unmatched institutional grounding in this ecosystem allows them to deploy the fundamental research, quantitative techniques, portfolio construction and management methodologies to deliver outcome-oriented SRI and ESG investment solutions. First Affirmative is proud to have adopted the highest standards as an investment fiduciary. First Affirmative is a Certified B Corp and was honored as a "Best for the World" Company in 2019 by B Lab, the parent organization for Certified B Corps.
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For media inquiries, contact the Director of Marketing, jack@yourstake.org
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