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RightCapital Introduces RightPaySHELTON, Conn., Feb. 13, 2020 /PRNewswire/ -- RightCapital, a next-generation financial planning solution that provides advisors with the ability to create custom comprehensive financial plans, has introduced RightPay, a web-based service that enables financial advisors to collect financial planning fees from clients via credit card. RightPay seamlessly integrates with the advisor's branded RightCapital portal where clients can access their live financial plan, task list, and now can review, approve and pay via credit card for financial planning services received. "More and more advisors are offering financial planning services to their clients, for either an upfront fee and/or monthly ongoing fees," said CEO Shuang Chen. "RightPay enables advisors to deliver a financial plan and collect payment for the plan via a single RightCapital financial planning portal. This seamless client experience is important. When a client is completing a payment via the RightCapital financial planning portal, they also see their financial plan and are able to see the value in what they are paying for." Available to RightCapital subscribers, the add-on service allows advisors to track and manage completed and outstanding payments for all of their clients. Other advantages include:
"Clients pay for financial planning, not investment performance," said Steve Lockshin, WealthManagement.com's Thought Leader of the Year and founder of AdvicePeriod, an advisory firm built for advisors, by advisors. "By separating billing from the portfolio and tying it to the planning portal, RightPay allows advisors to draw a direct line between the value they provide and how they are paid for it." Many advisors have been challenged as they try to serve clients in the very early stages of accumulation. RightPay provides an effective solution and enables those advisors to further build relationships with clients. "Until now, the economics of working with younger clients has been challenging for independent advisors," says Michael Watson, VP of Wealth Management at Independent Financial Group (IFG). "With RightPay from RightCapital, IFG Advisors now have an efficient solution to provide much-needed advice for a growing demographic with the greatest opportunity to leverage the power of compound interest, while ensuring their own profitability and revenue growth. RightCapital and IFG share a passion for financial wellness and education. We are excited to be working with Shuang Chen and his team on new solutions that will enhance the financial prosperity of the clients we serve." For more information, contact Anne Laffin, at 203.712.7770 or [email protected]. ABOUT RIGHTCAPITAL After 15 years working with financial advisors, RightCapital co-founders Shuang Chen, CFA® and Song Chen recognized how complex many of the industry's leading financial planning software systems had become over time. Founded in 2015, RightCapital was created with the goal of developing next-generation financial planning software that advisors can use to simplify the financial planning experience for their clients with three main goals: an elegant, modern look and feel; interactive, easy to use tools that can be shared by advisors and clients; rigorous and robust calculation engine that generates accurate results quickly. For more information visit, www.RightCapital.com. Contact: Related Images rightcapital-introduces-rightpay.jpg View original content to download multimedia:http://www.prnewswire.com/news-releases/rightcapital-introduces-rightpay-301004352.html SOURCE RightCapital |